Registered Number 07535258
BISHOPS WOOD HOUSE LAND LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors | 3 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Other reserves |
( |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Valuation information and policy
The land and buildings held by the company are Investment Properties and accordingly, they are shown at their open market value as at the Balance Sheet date and are not depreciated. The value stated in the Balance Sheet is the open market value in the opinion of the directors. Any movement in the open market value is not taken to the profit and loss account, but is adjusted through the revaluation reserve.
Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items
£ | |
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Cost | |
At 1 April 2015 |
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Additions |
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Disposals |
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Revaluations |
( |
Transfers |
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At 31 March 2016 |
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Depreciation | |
At 1 April 2015 |
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Charge for the year |
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On disposals |
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At 31 March 2016 |
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Net book values | |
At 31 March 2016 | 80,000 |
At 31 March 2015 | 272,194 |
2016
£ |
2015
£ |
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Debtors include the following amounts due after more than one year |
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