Abbreviated Company Accounts - IMPERIAL (SOUTH WEST) LTD

IMPERIAL (SOUTH WEST) LTD - Company Information

01945935 IMPERIAL (SOUTH WEST) LTD 2016-05-31 false 2015-06-01 2016-05-31 true 01945935 2015-06-01 2016-05-31 01945935 2016-05-31 01945935 2015-05-31 01945935 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 01945935 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 01945935

IMPERIAL (SOUTH WEST) LTD

Abbreviated Accounts

31 May 2016

IMPERIAL (SOUTH WEST) LTD Registered Number 01945935

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,862,320	2,831,453
		2,862,320	2,831,453
Current assets
Debtors		32,881	62,979
		32,881	62,979
Creditors: amounts falling due within one year		(33,645)	(46,110)
Net current assets (liabilities)		(764)	16,869
Total assets less current liabilities		2,861,556	2,848,322
Creditors: amounts falling due after more than one year		(127,545)	(128,006)
Total net assets (liabilities)		2,734,011	2,720,316
Capital and reserves
Called up share capital	3	100	100
Revaluation reserve		1,917,716	1,917,716
Profit and loss account		816,195	802,500
Shareholders' funds		2,734,011	2,720,316

For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 January 2017

And signed on their behalf by:
Mr P F R Hawkins, Director

IMPERIAL (SOUTH WEST) LTD Registered Number 01945935

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amount chargeable, net of value added tax, in respect of rental income and the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life

2Tangible fixed assets

	£
Cost
At 1 June 2015	2,868,159
Additions	44,027
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	2,912,186
Depreciation
At 1 June 2015	36,706
Charge for the year	13,160
On disposals	-
At 31 May 2016	49,866
Net book values
At 31 May 2016	2,862,320
At 31 May 2015	2,831,453

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100