| Britannia Mills Management Ltd |
| Registered number: |
03625274 |
| Abbreviated Balance Sheet |
| as at 30 November 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
80,876 |
|
|
83,948 |
|
| Current assets |
| Debtors |
|
|
4,779 |
|
|
5,827 |
| Cash at bank and in hand |
|
|
166,231 |
|
|
142,409 |
|
|
|
171,010 |
|
|
148,236 |
|
| Creditors: amounts falling due within one year |
|
|
(20,604) |
|
|
(9,391) |
|
| Net current assets |
|
|
|
150,406 |
|
|
138,845 |
|
| Total assets less current liabilities |
|
|
|
231,282 |
|
|
222,793 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(40,202) |
|
|
(46,164) |
|
|
|
| Net assets |
|
|
|
191,080 |
|
|
176,629 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
124 |
|
|
124 |
| Maintenance Reserve |
|
|
|
125,196 |
|
|
105,572 |
| Profit and loss account |
|
|
|
65,760 |
|
|
70,933 |
|
| Shareholders' funds |
|
|
|
191,080 |
|
|
176,629 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mrs E Pearce |
| Director |
| Approved by the board on 8 August 2014 |
|
| Britannia Mills Management Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of service charges and associated fees payable by apartment owners. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant, machinery, fixtures and fittings |
25% reducing balance basis |
|
Land and Buildings |
2% straight line |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2012 |
141,414 |
|
At 30 November 2013 |
141,414 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2012 |
57,466 |
|
Charge for the year |
3,072 |
|
At 30 November 2013 |
60,538 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2013 |
80,876 |
|
At 30 November 2012 |
83,948 |
|
|
|
|
|
|
|
|
| 3 |
Loans |
2013 |
|
2012 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
12,033 |
|
17,869 |
|
Secured bank loans |
46,038 |
|
51,845 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
124 |
|
124 |
|
|
|
|
|
|
|
|
|
