Linkway Enterprises Limited - Abbreviated accounts 16.3
Linkway Enterprises Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| FOR |
| LINKWAY ENTERPRISES LIMITED |
| LINKWAY ENTERPRISES LIMITED (REGISTERED NUMBER: 02662032) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| LINKWAY ENTERPRISES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| LINKWAY ENTERPRISES LIMITED (REGISTERED NUMBER: 02662032) |
| ABBREVIATED BALANCE SHEET |
| 30 NOVEMBER 2016 |
| 30.11.16 | 30.11.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| LINKWAY ENTERPRISES LIMITED (REGISTERED NUMBER: 02662032) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 NOVEMBER 2016 |
| The financial statements were approved by the director on |
| LINKWAY ENTERPRISES LIMITED (REGISTERED NUMBER: 02662032) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover |
| Turnover represents net rent receivable, excluding value added tax. |
| Depreciation |
| Fixtures and fittings | - |
| In accordance with Financial Reporting standard for Smaller Entities (effective January 2015), no depreciation or |
| amortization is provided in respect of freehold investment properties nor on leasehold investment properties |
| having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act |
| 2006, for all properties to be depreciated, is necessary, as the director considers that this accounting policy |
| results in the financial statements giving true and fair view. |
| Investment properties |
| Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with |
| Financial Reporting Standard for Smaller Entities(effective January 2015), which requires such properties to be |
| stated at current market value. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2015 |
| Additions |
| At 30 November 2016 |
| DEPRECIATION |
| At 1 December 2015 |
| Charge for year |
| At 30 November 2016 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 December 2015 |
| and 30 November 2016 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| LINKWAY ENTERPRISES LIMITED (REGISTERED NUMBER: 02662032) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 NOVEMBER 2016 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 30.11.16 | 30.11.15 |
| £ | £ |
| Repayable by instalments | 2,760,368 | 2,884,708 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.11.16 | 30.11.15 |
| value: | £ | £ |
| Ordinary Shares | £1 |