Micro-entity Accounts - ARRANLEE ENTERPRISES LIMITED

ARRANLEE ENTERPRISES LIMITED - Company Information

03974125 ARRANLEE ENTERPRISES LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true 03974125 2016-04-01 2017-03-31 03974125 2017-03-31 03974125 2016-03-31 03974125 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 03974125 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 03974125 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number 03974125

ARRANLEE ENTERPRISES LIMITED

Micro-entity Accounts

31 March 2017

ARRANLEE ENTERPRISES LIMITED Registered Number 03974125

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	213	319
		213	319
Current assets
Debtors	2	2,204	1,303
Cash at bank and in hand		392	128
		2,596	1,431
Creditors: amounts falling due within one year		(1,110)	(1,261)
Net current assets (liabilities)		1,486	170
Total assets less current liabilities		1,699	489
Total net assets (liabilities)		1,699	489
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,599	389
Shareholders' funds		1,699	489

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 December 2017

And signed on their behalf by:
Deborah Pratt, Director

ARRANLEE ENTERPRISES LIMITED Registered Number 03974125

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Tangible fixed assets

	£
Cost
At 1 April 2016	425
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	425
Depreciation
At 1 April 2016	106
Charge for the year	106
On disposals	-
At 31 March 2017	212
Net book values
At 31 March 2017	213
At 31 March 2016	319

2Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

3Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
100 Ordinary shares of £1 each	100	100

4Accounting 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 (as applied to small entities by section 1A of the standard).

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 rendering 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 date to the total estimated contract costs.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years