Bartram Land Limited - Accounts to registrar - small 17.2
Bartram Land Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 |
| FOR |
| BARTRAM LAND LIMITED |
| BARTRAM LAND LIMITED (REGISTERED NUMBER: 07613911) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| BARTRAM LAND LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Priory House |
| 1a Silsoe Road |
| Wardhedges |
| Flitton |
| Bedfordshire |
| MK45 5EE |
| BARTRAM LAND LIMITED (REGISTERED NUMBER: 07613911) |
| BALANCE SHEET |
| 31 MARCH 2017 |
| 31.3.17 | 31.3.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Undistributable reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| BARTRAM LAND LIMITED (REGISTERED NUMBER: 07613911) |
| BALANCE SHEET - continued |
| 31 MARCH 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| BARTRAM LAND LIMITED (REGISTERED NUMBER: 07613911) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 1. | STATUTORY INFORMATION |
| Bartram Land Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net property and aviation rental income received, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Helicopter | - |
| Subsequent costs incurred which provide enhancement to future periods, such as long term scheduled |
| maintenance and major overhauls of aircraft, are capitalised and amortised over the length of the period |
| benefiting from these enhancements. All other costs relating to maintenance are charged to the profit and loss |
| account as incurred. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| fair value is recognised in undistributable reserves. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery | Helicopter | Totals |
| £ | £ | £ |
| COST |
| Additions |
| At 31 March 2017 |
| DEPRECIATION |
| Charge for year |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| BARTRAM LAND LIMITED (REGISTERED NUMBER: 07613911) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 3. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Helicopter |
| £ |
| COST |
| Additions |
| At 31 March 2017 |
| DEPRECIATION |
| Charge for year |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2016 |
| Additions |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 31 March 2016 |
| Included in cost or valuation of investment property is freehold land of £ 2,471,867 (2016 - £ 2,328,828 ) which |
| is not depreciated. |
| Cost or valuation at 31 March 2017 is represented by: |
| £ |
| Valuation in 2013 | 508,630 |
| Valuation in 2014 | 98,486 |
| Valuation in 2016 | 183,930 |
| Cost | 1,680,821 |
| 2,471,867 |
| If investment property had not been revalued they would have been included at the following historical cost: |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Cost | 1,680,821 | - |
| Investment property was valued on an open market basis on 15 August 2016 by Stimpsons Chartered Surveyors . |
| BARTRAM LAND LIMITED (REGISTERED NUMBER: 07613911) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Loan - Bartram Properties Ltd |
| Loan - Bartram (DM) Limited |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Social security and other taxes |
| VAT |
| Directors loan account |
| Loan - Bartram Timber Limited |
| Loan - Bartram Manufacturing Limited |
| Loan - Bartram Timber Frame Limited |
| Sundry creditors and accruals |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Bank loan | 1,173,231 | 1,308,230 |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loan |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.3.17 | 31.3.16 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | 341,495 | - |
| Bank loans are secured on the freehold property to which they relate. |
| Hire purchase agreements are secured on the assets that they relate to. |
| BARTRAM LAND LIMITED (REGISTERED NUMBER: 07613911) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.17 | 31.3.16 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |