C.J._HOTELS_(BRADFORD)_LI - Accounts

C.J. HOTELS (BRADFORD) LIMITED - Company Information

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Company Registration No. 01139530 (England and Wales)

C.J. HOTELS (BRADFORD) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

C.J. HOTELS (BRADFORD) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

C.J. HOTELS (BRADFORD) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

1,300,000

1,500,000

Current assets

Debtors

Cash at bank and in hand

36,107

117,254

36,181

117,328

Creditors: amounts falling due within one year

(37,435)

(36,483)

Net current liabilities/(assets)

(1,254)

80,845

Total assets less current liabilities

1,298,746

1,580,845

Capital and reserves

Called up share capital

5,000

Revaluation reserve

1,174,082

1,374,082

Profit and loss account

119,664

201,763

Shareholders' funds

1,298,746

1,580,845

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 5 May 2017

Mrs Y D Parry

Director

Company Registration No. 01139530

C.J. HOTELS (BRADFORD) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable from renting properties.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% Straight line

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

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 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.

Fixed assets

Tangible assets

Cost or valuation

At 1 October 2015

1,502,602

Revaluation

(200,000)

At 1 October 2015 & at 30 September 2016

1,302,602

Depreciation

At 1 October 2015 & at 30 September 2016

2,602

Net book value

At 30 September 2016

1,300,000

At 30 September 2015

1,500,000

Share capital

2016

2015

Allotted, called up and fully paid

5,000 Ordinary shares of £1 each

5,000