Abbreviated Company Accounts - CONSHURST INVESTMENTS LIMITED
Abbreviated Company Accounts - CONSHURST INVESTMENTS LIMITED
Registered Number 09716965
CONSHURST INVESTMENTS LIMITED
Abbreviated Accounts
31 August 2016
CONSHURST INVESTMENTS LIMITED Registered Number 09716965
Abbreviated Balance Sheet as at 31 August 2016
| Notes | 2016 | ||
|---|---|---|---|
| £ | |||
| Fixed assets | |||
| Tangible assets | 2 |
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| Current assets | |||
| Cash at bank and in hand |
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| Creditors: amounts falling due within one year |
( |
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| Net current assets (liabilities) |
( |
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| Total assets less current liabilities |
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| Creditors: amounts falling due after more than one year |
( |
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| Total net assets (liabilities) |
( |
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| Capital and reserves | |||
| Called up share capital | 3 |
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| Profit and loss account |
( |
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| Shareholders' funds |
( |
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For the year ending 31 August 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
And signed on their behalf by:
CONSHURST INVESTMENTS LIMITED Registered Number 09716965
Notes to the Abbreviated Accounts for the period ended 31 August 2016
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
As at 31 August 2016 the company had net liabilities of £52,051 and had incurred a loss of £52,052 for the year then ended. The director has indicated that he will continue to provide ongoing financial support to enable the company to settle its liabilities as and when they fall due for the foreseeable future. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the director's support.
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).
Turnover policy
Tangible assets depreciation policy
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), 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 director 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.
Other accounting policies
Brechin Holdings Limited is the ultimate controlled company by virtue of its 100% shareholding in the company.
2Tangible fixed assets
| £ | |
|---|---|
| Cost | |
| Additions |
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| Disposals |
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| Revaluations |
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| Transfers |
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| At 31 August 2016 |
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| Depreciation | |
| Charge for the year |
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| On disposals |
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| At 31 August 2016 |
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| Net book values | |
| At 31 August 2016 | 503,200 |