Brighton City Property Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04435499 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MAY 2016

FOR

BRIGHTON CITY PROPERTY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

Professor G Buckton

Dr S M Chatham

Ms K Buckton

Professor G Buckton

REGISTERED OFFICE:

29 Tamworth Drive

Fleet

Hampshire

GU51 2UW

REGISTERED NUMBER:

04435499 (England and Wales)

ACCOUNTANTS:

JCS Associates

Chartered Accountants

121 Albert Street

FLEET

Hampshire

GU51 3SR

FIXED ASSETS

Tangible assets

2

1,213,161

890,846

CURRENT ASSETS

Debtors

72,702

146,597

Cash at bank

116,872

59,911

189,574

206,508

CREDITORS

Amounts falling due within one year

653,226

418,591

NET CURRENT LIABILITIES

(463,652

)

(212,083

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

749,509

678,763

CAPITAL AND RESERVES

Called up share capital

3

1

Revaluation reserve

55,359

Profit and loss account

694,149

623,403

SHAREHOLDERS' FUNDS

749,509

678,763

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 30th November 2016 and were signed on its behalf by:

Professor G Buckton - 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 represents the invoiced sales of services excluding value added taxation.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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 1st June 2015

893,860

Additions

322,750

At 31st May 2016

1,216,610

DEPRECIATION

At 1st June 2015

3,014

Charge for year

435

At 31st May 2016

3,449

NET BOOK VALUE

At 31st May 2016

1,213,161

At 31st May 2015

890,846

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

1

Ordinary Shares

£1

1

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Brighton City Property Limited for the year ended 31st May 2016 which comprise the Profit and Loss Account, the

Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given

us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Brighton City Property Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brighton City Property Limited and state those matters that we have agreed to state to the Board of Directors of Brighton City Property Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brighton City Property Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brighton City Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brighton City Property Limited. You consider that Brighton City Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brighton City Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

JCS Associates

Chartered Accountants

121 Albert Street

FLEET

Hampshire

GU51 3SR

30th November 2016