Abbreviated Company Accounts - BANGLA TOWN PROPERTY LIMITED

Abbreviated Company Accounts - BANGLA TOWN PROPERTY LIMITED


Registered Number 06350325

BANGLA TOWN PROPERTY LIMITED

Abbreviated Accounts

31 August 2016

BANGLA TOWN PROPERTY LIMITED Registered Number 06350325

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 450,000 450,000
450,000 450,000
Current assets
Debtors 101 101
Cash at bank and in hand 425 -
526 101
Creditors: amounts falling due within one year (97,790) (96,049)
Net current assets (liabilities) (97,264) (95,948)
Total assets less current liabilities 352,736 354,052
Creditors: amounts falling due after more than one year (297,929) (297,940)
Total net assets (liabilities) 54,807 56,112
Capital and reserves
Called up share capital 3 1,000 1,000
Revaluation reserve 11,310 11,310
Profit and loss account 42,497 43,802
Shareholders' funds 54,807 56,112
  • 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 30 June 2017

And signed on their behalf by:
MOHAMMED RAFIQUE MIAH, Director

BANGLA TOWN PROPERTY LIMITED Registered Number 06350325

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land and Buildings No provision
Plant and machinery 20% straight line
Motor vehicles 25% straight line

2Tangible fixed assets
£
Cost
At 1 September 2015 450,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 450,000
Depreciation
At 1 September 2015 -
Charge for the year -
On disposals -
At 31 August 2016 -
Net book values
At 31 August 2016 450,000
At 31 August 2015 450,000
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1,000 Ordinary shares of £1 each 1,000 1,000