Abbreviated Company Accounts - BRISTOL VISUAL & ENVIRONMENTAL BUILDINGS TRUST LIMITED

BRISTOL VISUAL & ENVIRONMENTAL BUILDINGS TRUST LIMITED - Company Information

Registered Number 01616094

BRISTOL VISUAL & ENVIRONMENTAL BUILDINGS TRUST LIMITED

Abbreviated Accounts

31 July 2016

BRISTOL VISUAL & ENVIRONMENTAL BUILDINGS TRUST LIMITED Registered Number 01616094

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	1	1
		1	1
Current assets
Cash at bank and in hand		92,940	92,976
		92,940	92,976
Creditors: amounts falling due within one year		(2,531)	(2,271)
Net current assets (liabilities)		90,409	90,705
Total assets less current liabilities		90,410	90,706
Total net assets (liabilities)		90,410	90,706
Reserves
Other reserves		1	1
Income and expenditure account		90,409	90,705
Members' funds		90,410	90,706

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 21 April 2017

And signed on their behalf by:
W. A. Nicks, Director

BRISTOL VISUAL & ENVIRONMENTAL BUILDINGS TRUST LIMITED Registered Number 01616094

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 January 2015).

Tangible assets depreciation policy
Tangible Fixed Assets are stated at cost less depreciation. Depreciation is not charged on freehold land. Depreciation on other tangible fixed assets is provided at rates calculated to write off the cost of those assets, less their estimated residual value, over their expected useful lives.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 August 2015	1
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	1
Depreciation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 July 2016	-
Net book values
At 31 July 2016	1
At 31 July 2015	1

A 999 year lease on the property at 38/39 Old Market Street was granted on 29th November 1984 whereby no rents or ground rents are payable but the Bristol Visual & Environmental Buildings Trust Limited have the right to enter the property to ensure that the property is in tenantable repair and enforce the covenants applicable to the building per the lease agreement. The value of the reversionary interest was deemed to be £1.