Abbreviated Company Accounts - OLD PO BUILDING LIMITED

OLD PO BUILDING LIMITED - Company Information

Registered Number 09920500

OLD PO BUILDING LIMITED

Abbreviated Accounts

31 December 2016

OLD PO BUILDING LIMITED Registered Number 09920500

Abbreviated Balance Sheet as at 31 December 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	583,795
		583,795
Current assets
Cash at bank and in hand		3,315
		3,315
Creditors: amounts falling due within one year		(205,167)
Net current assets (liabilities)		(201,852)
Total assets less current liabilities		381,943
Creditors: amounts falling due after more than one year		(379,653)
Total net assets (liabilities)		2,290
Capital and reserves
Called up share capital		3
Profit and loss account		2,287
Shareholders' funds		2,290

For the year ending 31 December 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 15 September 2017

And signed on their behalf by:
Daniel Peter Inman, Director

OLD PO BUILDING LIMITED Registered Number 09920500

Notes to the Abbreviated Accounts for the period ended 31 December 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rending of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to the date to the total estimated contract costs.

2Tangible fixed assets

	£
Cost
Additions	583,795
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	583,795
Depreciation
Charge for the year	-
On disposals	-
At 31 December 2016	-
Net book values
At 31 December 2016	583,795