Abbreviated Company Accounts - ART HOTELS UK LIMITED

Abbreviated Company Accounts - ART HOTELS UK LIMITED

ART HOTELS UK LIMITED - Company Information

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Registered Number 05333248

ART HOTELS UK LIMITED

Abbreviated Accounts

31 July 2016

ART HOTELS UK LIMITED Registered Number 05333248

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 205,507 222,528
205,507 222,528
Current assets
Stocks 55,498 54,764
Debtors 1,895,855 1,549,716
Cash at bank and in hand 141,067 66,845
2,092,420 1,671,325
Creditors: amounts falling due within one year (1,927,342) (1,703,722)
Net current assets (liabilities) 165,078 (32,397)
Total assets less current liabilities 370,585 190,131
Creditors: amounts falling due after more than one year (298,055) (213,078)
Total net assets (liabilities) 72,530 (22,947)
Capital and reserves
Called up share capital 2 2
Profit and loss account 72,528 (22,949)
Shareholders' funds 72,530 (22,947)
  • 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 27 April 2017

And signed on their behalf by:
R S Takhar, Director

ART HOTELS UK LIMITED Registered Number 05333248

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 April 2008.

2Tangible fixed assets
£
Cost
At 1 August 2015 648,763
Additions 29,520
Disposals -
Revaluations -
Transfers -
At 31 July 2016 678,283
Depreciation
At 1 August 2015 426,235
Charge for the year 46,541
On disposals -
At 31 July 2016 472,776
Net book values
At 31 July 2016 205,507
At 31 July 2015 222,528