Company Registration No. SC465592 (Scotland)
Blagden Property Limited
Abbreviated unaudited accounts
for the year ended 31 December 2015
Blagden Property Limited
Abbreviated Balance Sheet
as at
31 December 2015
Cash at bank and in hand
3,366
1,448
Creditors: amounts falling due within one year
(6,731)
(5,122)
Net current liabilities
(2,260)
(1,124)
Total assets less current liabilities
(2,260)
(865)
Provisions for liabilities
-
(52)
Net liabilities
(2,260)
(917)
Called up share capital
1
1
Profit and loss account
(2,261)
(918)
Total shareholders' funds
(2,260)
(917)
For the year ending 31 December 2015 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 16 September 2016
Harry Panton
Director
Company Registration No. SC465592
Blagden Property Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2015
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value of consultancy services provided.
Revenue from consulting is recognised when the service has been provided and all obligations to the customers under the consulting agreement have been fulfilled.
Tangible fixed assets policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Computer equipment - 50% straight line
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date.
A net deferred tax asset is regarded as recoverable and therefore recognised only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the reversal of the underlying timing differences can be recovered.
2
Tangible fixed assets
Computer equipment
3
Share capital
2015
2014
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1