Parc Court (Bridgend) Property Company Limited Company Accounts
Parc Court (Bridgend) Property Company Limited Company Accounts
COMPANY REGISTRATION NUMBER:
1180609
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Financial Statements |
Year ended 31 December 2016
Contents |
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Accountants and business advisors report to the board of directors on the preparation of the unaudited statutory financial statements |
1 |
Statement of financial position |
2 |
Notes to the financial statements |
3 |
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Accountants and Business Advisors Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 31 December 2016
144 Walter Road
Swansea
SA1 5RW
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Statement of Financial Position |
2016 |
2015 |
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Note |
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£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
6 |
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Net current assets |
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Total assets less current liabilities |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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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
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
31 July 2017
, and are signed on behalf of the board by:
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Director |
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Company registration number:
1180609
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Notes to the Financial Statements |
Year ended 31 December 2016
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 144 Walter Road, Swansea, SA1 5RW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 January 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 7.
Revenue recognition
Tangible assets
Impairment of fixed assets
Financial instruments
4.
Tangible assets
Land and buildings |
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£ |
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Cost |
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At 1 Jan 2016 and 31 Dec 2016 |
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Depreciation |
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At 1 Jan 2016 and 31 Dec 2016 |
– |
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Carrying amount |
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At 31 December 2016 |
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5.
Debtors
2016 |
2015 |
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£ |
£ |
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Other debtors |
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6.
Creditors:
amounts falling due within one year
2016 |
2015 |
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£ |
£ |
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Other creditors |
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7.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 January 2015.
No transitional adjustments were required in equity or profit or loss for the year.