Abbreviated Company Accounts - RICHARD BUNN DEVELOPMENTS LIMITED

RICHARD BUNN DEVELOPMENTS LIMITED - Company Information

03229659 RICHARD BUNN DEVELOPMENTS LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 03229659 2015-08-01 2016-07-31 03229659 2016-07-31 03229659 2015-07-31 03229659 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 03229659 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 03229659

RICHARD BUNN DEVELOPMENTS LIMITED

Abbreviated Accounts

31 July 2016

RICHARD BUNN DEVELOPMENTS LIMITED Registered Number 03229659

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	3,124,919	2,996,459
Tangible assets	3	272	362
		3,125,191	2,996,821
Current assets
Cash at bank and in hand		6,070	38,129
		6,070	38,129
Creditors: amounts falling due within one year	4	(67,958)	(117,013)
Net current assets (liabilities)		(61,888)	(78,884)
Total assets less current liabilities		3,063,303	2,917,937
Creditors: amounts falling due after more than one year	4	(185,495)	(185,495)
Total net assets (liabilities)		2,877,808	2,732,442
Capital and reserves
Called up share capital	5	100	100
Revaluation reserve		1,006,775	1,006,775
Profit and loss account		1,870,933	1,725,567
Shareholders' funds		2,877,808	2,732,442

For the year ending 31 July 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 2 February 2017

And signed on their behalf by:
Richard Bunn, Director

RICHARD BUNN DEVELOPMENTS LIMITED Registered Number 03229659

Notes to the Abbreviated Accounts for the period ended 31 July 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 is represented by the invoiced value of property rental due less expenditure incurred.

Tangible assets depreciation policy
Depreciation is calculated at the rates of 25% and 15% reducing balance in order to write off the cost less residual value of assets over their estimated useful lives.

2Intangible fixed assets

	£
Cost
At 1 August 2015	2,996,459
Additions	128,460
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	3,124,919
Amortisation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 July 2016	-
Net book values
At 31 July 2016	3,124,919
At 31 July 2015	2,996,459

3Tangible fixed assets

	£
Cost
At 1 August 2015	6,601
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	6,601
Depreciation
At 1 August 2015	6,239
Charge for the year	90
On disposals	-
At 31 July 2016	6,329
Net book values
At 31 July 2016	272
At 31 July 2015	362

4Creditors

	2016 £	2015 £
Secured Debts	185,495	185,495

5Called Up Share Capital
Allotted, called up and fully paid:

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