Captain Properties Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05103816

CAPTAIN PROPERTIES LTD

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr R D Commander

SECRETARY:

Mrs V A Commander

REGISTERED OFFICE:

22 St Mary's Street

Bridgnorth

Shropshire

WV16 4DW

REGISTERED NUMBER:

05103816

ACCOUNTANTS:

Wallace Crooke

Chartered Accountants

College House

St. Leonards Close

Bridgnorth

Shropshire

WV16 4EJ

FIXED ASSETS

Tangible assets

2

289,071

280,159

CURRENT ASSETS

Debtors

1,000

-

Cash at bank

114,852

27,375

115,852

27,375

CREDITORS

Amounts falling due within one year

1,941

2,378

NET CURRENT ASSETS

113,911

24,997

TOTAL ASSETS LESS CURRENT
LIABILITIES

402,982

305,156

CREDITORS

Amounts falling due after more than one
year

291,666

197,763

NET ASSETS

111,316

107,393

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

111,306

107,383

SHAREHOLDERS' FUNDS

111,316

107,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 January 2017 and were signed by:

Dr R D Commander - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Income represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Freehold land and buildings are held for investment purposes. In the opinion of the director the open

market value of the freehold land and buildings is in excess of the net book value and thus no

depreciation has been provided thereon.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

280,159

Additions

157,071

Disposals

(148,159

)

At 30 April 2016

289,071

NET BOOK VALUE

At 30 April 2016

289,071

At 30 April 2015

280,159

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

10

Ordinary

£1

10