DAVID_MARTIN_INVESTMENTS_ - Accounts
DAVID_MARTIN_INVESTMENTS_ - Accounts
Company Registration No. 01477582 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(50,966 )
(42,757 )
Net current assets
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Revaluation reserve
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 24 March 2017
Director
Company Registration No. 01477582
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Although this accounting policy is in accordance with the applicable accounting standard, SSAP 19, Accounting for investment properties, it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
Fixtures, fittings & equipment
2
Fixed assets
Tangible assets
£
Cost or valuation
At 1 July 2015 & at 30 June 2016
739,844
Depreciation
At 1 July 2015 & at 30 June 2016
1,328
Net book value
At 30 June 2016
738,516
At 30 June 2015
738,516
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
4
Control
The Company was under the control of Mr D J Dunitz throughout the current and the preceeding financial year.