Camberley Estates Limited
|
Registered number: |
03514818
|
Abbreviated Balance Sheet |
as at 31 March 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
196,250 |
|
|
116,250 |
Investments |
3 |
|
|
743,080 |
|
|
736,080 |
|
|
|
|
939,330 |
|
|
852,330 |
|
Current assets |
Stocks |
|
|
- |
|
|
208,348 |
Debtors |
|
|
151,353 |
|
|
116,410 |
Cash at bank and in hand |
|
|
194,144 |
|
|
20,786 |
|
|
|
345,497 |
|
|
345,544 |
|
Creditors: amounts falling due within one year |
|
|
(1,546,086) |
|
|
(1,493,778) |
|
Net current liabilities |
|
|
|
(1,200,589) |
|
|
(1,148,234) |
|
Total assets less current liabilities |
|
|
|
(261,259) |
|
|
(295,904) |
|
Creditors: amounts falling due after more than one year |
|
|
|
(83,211) |
|
|
(83,211) |
|
|
|
Net liabilities |
|
|
|
(344,470) |
|
|
(379,115) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
2 |
|
|
2 |
Revaluation reserve |
|
|
|
(137,346) |
|
|
(137,346) |
Profit and loss account |
|
|
|
(207,126) |
|
|
(241,771) |
|
Shareholder's funds |
|
|
|
(344,470) |
|
|
(379,115) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
P Austin |
Director |
Approved by the board on 15 December 2015
|
|
Camberley Estates Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Going concern |
|
The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as the director of the company is funding the company in the form of a director’s loan. The director is planning to continue this financial support for the company for the foreseeable future. |
|
|
Depreciation |
|
Investment properties are valued annually and the aggregate surplus or deficit is transferred to reserves. No depreciation is provided in respect of investment properties; this constitutes a departure from the statutory rules requiring fixed assets to be depreciated over their economical useful lives and is necessary to enable the financial statements to give a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
116,250 |
|
Additions |
80,000 |
|
At 31 March 2015 |
196,250 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
196,250 |
|
At 31 March 2014 |
116,250 |
|
|
|
|
|
|
|
|
3 |
Investments |
£ |
|
|
Cost |
|
At 1 April 2014 |
736,080 |
|
Additions |
7,000 |
|
|
At 31 March 2015 |
743,080 |
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|