| Bricks & Fuel (Duke Street) Limited |
| Registered number: |
07431111 |
| Abbreviated Balance Sheet |
| as at 30 November 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
845,086 |
|
|
845,086 |
|
| Current assets |
| Debtors |
|
|
43,290 |
|
|
36,875 |
| Cash at bank |
|
|
751 |
|
|
845 |
|
|
|
44,041 |
|
|
37,720 |
|
| Creditors: amounts falling due within one year |
|
|
(342,753) |
|
|
(94,328) |
|
| Net current liabilities |
|
|
|
(298,712) |
|
|
(56,608) |
|
| Total assets less current liabilities |
|
|
|
546,374 |
|
|
788,478 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(500,000) |
|
|
(740,000) |
|
|
|
| Net assets |
|
|
|
46,374 |
|
|
48,478 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
50,000 |
|
|
50,000 |
| Profit and loss account |
|
|
|
(3,626) |
|
|
(1,522) |
|
| Shareholders' funds |
|
|
|
46,374 |
|
|
48,478 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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. |
|
|
|
| J L Cumming |
| Director |
| Approved by the board on 17 December 2015 |
|
| Bricks & Fuel (Duke Street) Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 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 rents receivable net of VAT |
|
|
Tangible Fixed Assets & Depreciation |
|
|
Tangible fixed assets represent freehold investment property, which is included in the Balance |
|
Sheet at its Open Market Value, and the aggregate surplus or deficit is transferred to the |
|
Revaluation Reserve. No depreciation is provided. |
|
|
Although this accounting policy is in accordance with the applicable accounting standard |
|
SSAP 19 "Accounting for investment properties", it is a departure from the general requirement of |
|
the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors, |
|
compliance with the standard is necessary for the financial statements to give a true and fair view. |
|
Depreciation or amortisation is only one of many factors reflected in the annual valuation, and the |
|
amount of this which might otherwise have been charged cannot be separately identified or |
|
quantified. |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2014 |
845,086 |
|
At 1 December 2011 and 30 November 2012 |
845,086 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2011 and 30 November 2012 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 1 December 2011 and 30 November 2012 |
845,086 |
|
At 30 November 2014 |
845,086 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
50,000 |
|
50,000 |
|
50,000 |
|
|
|
|
|
|
|
|
|
