| Atoll Properties Ltd |
| Registered number: |
05164859 |
| Abbreviated Balance Sheet |
| as at 30 June 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
157,500 |
|
|
157,629 |
|
| Current assets |
| Debtors |
|
|
4,171 |
|
|
1,022 |
| Cash at bank and in hand |
|
|
11,512 |
|
|
3,202 |
|
|
|
15,683 |
|
|
4,224 |
|
| Creditors: amounts falling due within one year |
|
|
(9,083) |
|
|
(18,081) |
|
| Net current assets/(liabilities) |
|
|
|
6,600 |
|
|
(13,857) |
|
| Total assets less current liabilities |
|
|
|
164,100 |
|
|
143,772 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(174,378) |
|
|
(174,378) |
|
|
|
| Net liabilities |
|
|
|
(10,278) |
|
|
(30,606) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(10,280) |
|
|
(30,608) |
|
| Shareholders' funds |
|
|
|
(10,278) |
|
|
(30,606) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| N Pope |
| Director |
| Approved by the board on 29 March 2017 |
|
| Atoll Properties Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
33% straight line |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2015 |
157,895 |
|
At 30 June 2016 |
157,895 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2015 |
266 |
|
Charge for the year |
129 |
|
At 30 June 2016 |
395 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2016 |
157,500 |
|
At 30 June 2015 |
157,629 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
