BESSON_LINE_LIMITED - Accounts
BESSON_LINE_LIMITED - Accounts
Company Registration No. 03500485 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 4
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Investments
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
3
(1,711,975 )
(688,597 )
Net current liabilities
(852,752 )
(471,323 )
Total assets less current liabilities
Creditors: amounts falling due after more than one year
4
(328,071 )
(333,212 )
(48,646)
(66,988)
Capital and reserves
Called up share capital
5
Profit and loss account
(48,746 )
(67,088 )
Shareholders' funds
(48,646 )
(66,988 )
Director's responsibilities:
-
-
Approved by the Board for issue on 7 March 2016
Director
Company Registration No. 03500485
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.6
Going concern
The financial statements are prepared on the going concern basis dependent on the continued support of the director and shareholder.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2015
- 3 -
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 July 2014
736,080
737,589
Additions
394,710
395,299
At 30 June 2015
1,130,790
1,132,888
Depreciation
At 1 July 2014
-
42
Charge for the year
-
669
At 30 June 2015
-
711
Net book value
At 30 June 2015
1,132,177
At 30 June 2014
737,547
This investment represents a 50% share in two properties in which Camberley Estates Limited has an equitable interest.
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £6,666 (2014 - £6,666).
The bank mortgage loan is secured on the property in which Camberley Estates Limited has an equitable interest (see note 2).
The director has personal secured charges over the properties.
4
Creditors: amounts falling due after more than one year
The aggregate amount of creditors for which security has been given amounted to £78,071 (2014 - £83,212).
The bank mortgage loan is secured on the property in which Camberley Estates Limited has an equitable interest (see note 2).
The director has personal secured charges over the properties.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2015
- 4 -
5
Share capital
2015
2014
£
£
Allotted, called up and fully paid
The 250,000 Non-redeemable preference shares of £1 each are shown within creditors due after more than one year.
6
Control
The overall controlling party is D F Pinto, director and shareholder.