BRENT_NORTH_CONSERVATIVES - Accounts

BRENT NORTH CONSERVATIVES PROPERTY LIMITED - Company Information

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Company Registration No. 02924185 (England and Wales)

BRENT NORTH CONSERVATIVES PROPERTY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

BRENT NORTH CONSERVATIVES PROPERTY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

BRENT NORTH CONSERVATIVES PROPERTY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

124,036

125,639

Current assets

Debtors

550

Cash at bank and in hand

21,153

7,374

21,153

7,924

Creditors: amounts falling due within one year

(79,761)

(72,381)

Net current liabilities

(58,608)

(64,457)

Total assets less current liabilities

65,428

61,182

Creditors: amounts falling due after more than one year

(27,401)

(28,700)

38,027

32,482

Capital and reserves

Called up share capital

Other reserves

32,398

Profit and loss account

5,625

Shareholders' funds

38,027

32,482

For the financial year ended 31 December 2015 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 22 September 2016

S W Wiltshire

Director

Company Registration No. 02924185

BRENT NORTH CONSERVATIVES PROPERTY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

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

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

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

1% on cost

Fixtures, fittings & equipment

15% reducing balance

Fixed assets

Tangible assets

Cost

At 1 January 2015 & at 31 December 2015

160,872

Depreciation

At 1 January 2015

35,233

Charge for the year

1,603

At 31 December 2015

36,836

Net book value

At 31 December 2015

124,036

At 31 December 2014

125,639

Share capital

2015

2014

Allotted, called up and fully paid

4 Ordinary shares of £1 each