John Barry Property Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06868186 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

John Barry Property Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr J B Stevenson

REGISTERED OFFICE:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

REGISTERED NUMBER:

06868186 (England and Wales)

ACCOUNTANTS:

Harts Limited

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

FIXED ASSETS

Tangible assets

2

743,515

CURRENT ASSETS

Debtors

26,945

465,377

Cash at bank

4,781

5,723

31,726

471,100

CREDITORS

Amounts falling due within one year

198,289

657,171

NET CURRENT LIABILITIES

(166,563

)

(186,071

)

TOTAL ASSETS LESS CURRENT LIABILITIES

576,952

557,444

CREDITORS

Amounts falling due after more than one
year

3

134,509

134,340

NET ASSETS

442,443

423,104

CAPITAL AND RESERVES

Called up share capital

4

1

Revaluation reserve

403,488

Profit and loss account

38,954

19,615

SHAREHOLDERS' FUNDS

442,443

423,104

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 26 January 2017 and were signed by:

Mr J B Stevenson - 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

Turnover is recognised when the company obtains the right to consideration .

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

-

Nil

Fixtures and fittings

-

20% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

748,937

DEPRECIATION

At 1 May 2015

and 30 April 2016

5,422

NET BOOK VALUE

At 30 April 2016

743,515

At 30 April 2015

743,515

3.

CREDITORS

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

30.4.16

30.4.15

£

Repayable by instalments

134,509

134,340

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1