Company Registration No. 09065038 (England and Wales)
ASTINDALE BIDBOROUGH LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
ASTINDALE BIDBOROUGH LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ASTINDALE BIDBOROUGH LIMITED
Company Registration No. 09065038
ABBREVIATED BALANCE SHEET
AS AT 30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
50
-
Current assets
Stocks
93,012
36,987
Debtors
17,903
7,394
Cash at bank and in hand
438
7,434
111,353
51,815
Creditors: amounts falling due within one year
(115,628)
(53,712)
Net current liabilities
(4,275)
(1,897)
Total assets less current liabilities
(4,225)
(1,897)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(4,325)
(1,997)
Shareholders' funds
(4,225)
(1,897)
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 January 2017
K Harper
Director
ASTINDALE BIDBOROUGH LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Going concern
At the balance sheet date the company had net liabilities of £4,225. Included within other creditors is an amount of £96,417 due to connected company owned by the directors. The directors confirmed that this loan would not be recalled to the detriment of the company and therefore the company is considered to be a going concern.
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.
2
Fixed assets
Investments
£
Cost
At 1 May 2015
-
Additions
50
At 30 April 2016
50
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Participating interests
Astindale Home Farm Limited
UK
Ordinary B
50.00
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Astindale Home Farm Limited
Property Development
(1,367)
(1,467)
ASTINDALE BIDBOROUGH LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
50 Ordinary A shares of £1 each
50
50
50 Ordinary B shares of £1 each
50
50
100
100