High Street Bakery (Property) Limited
|
For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09464235
Abbreviated Balance Sheet
|
High Street Bakery (Property) Limited
2016
175,973
2
175,973
11,624
11,624
Creditors
:
amounts falling due within one year
|
(16,288)
(4,664)
Net current liabilities
Total assets less current liabilities
|
171,309
Creditors
:
amounts falling due after more than one year
|
(158,379)
12,930
Net assets/liabilities
100
3
12,830
12,930
Shareholders funds
For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
|
2) 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.
|
Date approved by the board: 07 October 2016
|
Mr Paul Mark Diver Director
|
Signed on behalf of the board of directors
|
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Notes to the Abbreviated Financial Statements
|
High Street Bakery (Property) Limited
For the year ended 31 March 2016
The financial statements are prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover represents rents receivable.
Investment properties are included in the balance sheet at their open market value at the balance sheet date
.
The resulting
|
aggregate surplus or deficit is transferred to a revaluation reserve
.
Depreciation is provided only on those investment properties
|
which are leasehold and where the unexpired lease term is less than
20
years
.
|
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities
(
effective January
|
2015
)
,
it is a departure from the general requirement of the Companies Act
2006
for all tangible assets to be depreciated
.
In the
|
opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view
.
|
Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might
|
otherwise have been charged cannot be separately identified or quantified
.
|
Fixed asset investments are stated at market value
,
if listed
,
or at directors
'
valuation
.
Assets acquired in the accounting period
|
will be reported at cost
.
|
2
Fixed asset investments
|
175,973
175,973
175,973
-
2 of 3
Notes to the Abbreviated Financial Statements
|
High Street Bakery (Property) Limited
For the year ended 31 March 2016
Allotted called up and fully paid
|
2016
100
Ordinary shares of £
1
.
00
each
|
100
100
100 Ordinary £1.00 shares have been issued during the year at par for a cash consideration of £100.
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