Malmesbury Hospitality Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03129533 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Malmesbury Hospitality Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Mr Q Tailford

Mrs E M Tailford

SECRETARY:

REGISTERED OFFICE:

Little Portion

Toadpit Lane

West Hill

Ottery St. Mary

Devon

EX11 1TR

REGISTERED NUMBER:

03129533 (England and Wales)

ACCOUNTANTS:

Duncan King FCA

2 MacNeice Drive

Barton Park

Marlborough

Wiltshire

SN8 1TR

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Malmesbury Hospitality Limited for the year ended 30 November 2016

which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Malmesbury Hospitality Limited, as a body, in accordance with the terms of our engagement letter dated 27 September 2007. Our work has been undertaken solely to prepare for your approval the financial statements of Malmesbury Hospitality Limited and state those matters that we have agreed to state to the Board of Directors of Malmesbury Hospitality Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Malmesbury Hospitality Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Malmesbury Hospitality Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Malmesbury Hospitality Limited. You consider that Malmesbury Hospitality Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Malmesbury Hospitality Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Duncan King FCA

2 MacNeice Drive

Barton Park

Marlborough

Wiltshire

SN8 1TR

30 August 2017

FIXED ASSETS

Tangible assets

2

-

1,722

CURRENT ASSETS

Debtors

4,259

-

Cash at bank

2,377

1,376

6,636

1,376

CREDITORS

Amounts falling due within one year

3,441

2,345

NET CURRENT ASSETS/(LIABILITIES)

3,195

(969

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,195

753

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

3,095

653

SHAREHOLDERS' FUNDS

3,195

753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 August 2017 and were signed on its
behalf by:

Mr Q Tailford - Director

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 the total invoice value, excluding value added tax, of services provided during

the year to third parties.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

26,979

DEPRECIATION

At 1 December 2015

25,257

Charge for year

1,722

At 30 November 2016

26,979

NET BOOK VALUE

At 30 November 2016

-

At 30 November 2015

1,722

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2016

and 30 November 2015:

30.11.16

30.11.15

£

Mr Q Tailford and Mrs E M Tailford

Balance outstanding at start of year

-

Amounts advanced

1,259

-

Amounts repaid

-

Balance outstanding at end of year

1,259

-

Advances to the Directors are interest bearing and repayable on demand.

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs E M Tailford.