Abbreviated Company Accounts - B.M.B. DEVELOPMENTS LIMITED

B.M.B. DEVELOPMENTS LIMITED - Company Information

03157720 B.M.B. DEVELOPMENTS LIMITED 2016-03-22 false 2015-04-01 2016-03-22 true 03157720 2015-04-01 2016-03-22 03157720 2016-03-22 03157720 2015-03-31 03157720 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-22 03157720 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-22 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-22 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-22 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03157720

B.M.B. DEVELOPMENTS LIMITED

Abbreviated Accounts

22 March 2016

B.M.B. DEVELOPMENTS LIMITED Registered Number 03157720

Abbreviated Balance Sheet as at 22 March 2016

	Notes	22/03/2016	31/03/2015
		£	£
Fixed assets
Investments	2	2,469,875	2,445,479
		2,469,875	2,445,479
Current assets
Debtors		175,399	169,687
Cash at bank and in hand		49,021	74,476
		224,420	244,163
Creditors: amounts falling due within one year	3	(82,385)	(91,088)
Net current assets (liabilities)		142,035	153,075
Total assets less current liabilities		2,611,910	2,598,554
Creditors: amounts falling due after more than one year	3	(1,128,395)	(1,157,649)
Total net assets (liabilities)		1,483,515	1,440,905
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		949,646	949,646
Profit and loss account		533,769	491,159
Shareholders' funds		1,483,515	1,440,905

For the year ending 22 March 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 26 September 2017

And signed on their behalf by:
K V BREWSTER, Director
J F BARNETT, Director

B.M.B. DEVELOPMENTS LIMITED Registered Number 03157720

Notes to the Abbreviated Accounts for the period ended 22 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention as modified by the revaluation of investment property and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents gross rent receivable.

Valuation information and policy
Investment properties are included in the Balance sheet at their open market value in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

Other accounting policies
Group Accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts.

2Fixed assets Investments
Investment Property:
Valuations
1 April 2015 - £2,445,451
22 March 2016 = £2,469,847

Other Investments:
Valuation at 1 April 2015 & 22 March 2016 = £26

3Creditors

	22/03/2016 £	31/03/2015 £
Secured Debts	1,128,395	1,157,649

4Called Up Share Capital
Allotted, called up and fully paid:

	22/03/2016 £	31/03/2015 £
100 Ordinary shares of £1 each	100	100