Abbreviated Company Accounts - 159 UPLAND ROAD LIMITED

Abbreviated Company Accounts - 159 UPLAND ROAD LIMITED

159 UPLAND ROAD LIMITED - Company Information

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Registered Number 09192002

159 UPLAND ROAD LIMITED

Abbreviated Accounts

31 August 2016

159 UPLAND ROAD LIMITED Registered Number 09192002

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 60,766 6,814
Investments - -
60,766 6,814
Current assets
Stocks - -
Debtors - 46,817
Investments - -
Cash at bank and in hand - -
- 46,817
Prepayments and accrued income - -
Creditors: amounts falling due within one year (60,764) (53,629)
Net current assets (liabilities) (60,764) (6,812)
Total assets less current liabilities 2 2
Total net assets (liabilities) 2 2
Capital and reserves
Called up share capital 2 2
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 0 0
Shareholders' funds 2 2
  • 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 18 May 2017

And signed on their behalf by:
Herbert Roy Henry, Director

159 UPLAND ROAD LIMITED Registered Number 09192002

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Tangible assets depreciation policy
Tangible fixed assets are made up of land, which is not a depreciating asset. Therefore the land is stated at cost and not at open market value. The directors consider that the revaluation of the land would involve time and expense not commensurate with the benefit gained.

Other accounting policies
Deferred Tax
No provision has been made for deferred taxation relating to the estimated Corporation Tax that would be payable on disposal of the freehold property as there are no plans for its disposal. Furthermore, the freehold relates to two properties that are the principal private residence of the directors, this is not a commercial venture.

2Tangible fixed assets
£
Cost
At 1 September 2015 6,814
Additions 53,952
Disposals 0
Revaluations 0
Transfers 0
At 31 August 2016 60,766
Depreciation
At 1 September 2015 0
Charge for the year 0
On disposals 0
At 31 August 2016 0
Net book values
At 31 August 2016 60,766
At 31 August 2015 6,814

Freehold Land and Buildings - No Depreciation