Ashberry Properties (North West) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08090932 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST MAY 2016

FOR

ASHBERRY PROPERTIES (NORTH WEST) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr J P Ash

Mrs L J Berry

REGISTERED OFFICE:

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

REGISTERED NUMBER:

08090932 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

BANKERS:

Lloyds TSB

53 King Street

Manchester

M2 4LQ

FIXED ASSETS

Investment property

2

244,374

CURRENT ASSETS

Debtors

658

73

Cash at bank

4,522

6,425

5,180

6,498

CREDITORS

Amounts falling due within one year

5,936

6,881

NET CURRENT LIABILITIES

(756

)

(383

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

243,618

243,991

CREDITORS

Amounts falling due after more than one
year

3

229,752

234,035

NET ASSETS

13,866

9,956

CAPITAL AND RESERVES

Called up share capital

4

Profit and loss account

13,862

9,952

SHAREHOLDERS' FUNDS

13,866

9,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 18th January 2017 and were signed on its behalf
by:

Mr J P Ash - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Investment property

The investment property is held at valuation and the directors believe that cost is a reasonable estimate of open

market value at the balance sheet date.

Deferred tax

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

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1st June 2015

and 31st May 2016

244,374

NET BOOK VALUE

At 31st May 2016

244,374

At 31st May 2015

244,374

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.5.16

31.5.15

£

Repayable by instalments

135,977

142,625

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

4

Ordinary

£1

4