Registered Number 09741446
CAER RHUN HALL HOTEL LIMITED
Abbreviated Accounts
31 August 2016
Notes | 2016 | ||
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£ | |||
Called up share capital not paid |
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Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Debtors |
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Prepayments and accrued income |
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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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Creditors: amounts falling due after more than one year |
( |
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Total net assets (liabilities) |
( |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
( |
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Shareholders' funds |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
£ | |
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Cost | |
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 August 2016 |
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Depreciation | |
Charge for the year |
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On disposals |
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At 31 August 2016 |
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Net book values | |
At 31 August 2016 | 32,083 |
3
Fixed assets Investments
2016
£
FAIR VALUE
Additions 1,576,378
Fair value gain/(loss) -
As at 31 August 2016 1,576,378
Investment property comprises the freehold hotel building. The fair value of the Company’s investment property at 31 August 2016, reflects the total cost incurred of purchasing the property on 13 May 2016. Management consider there to be no change in market value due to the hotel being bought in the financial period, has also not traded in this period.