BLHC Coote Lane Limited - Period Ending 2016-03-31

Registration number: 03645253

BLHC Coote Lane Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Bruce Marshall & Co Limited
Accountants and Tax Advisers
3 Crewe Road
Sandbach
Cheshire
CW11 4NE

BLHC Coote Lane Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

BLHC Coote Lane Limited
(Registration number: 03645253)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					5,682			6,187
Current assets
Debtors					74,276			93,055
Cash at bank and in hand					15,373			110
					89,649			93,165
Creditors: Amounts falling due within one year					(108,771)			(115,847)
Net current liabilities					(19,122)			(22,682)
Net liabilities					(13,440)			(16,495)
Capital and reserves
Called up share capital		3			6			6
Profit and loss account					(13,446)			(16,501)
Shareholders' deficit					(13,440)			(16,495)

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 14 December 2016 and signed on its behalf by:

.........................................
Mrs A M C Sutton
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

BLHC Coote Lane Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line basis

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance basis
Fixtures and fittings	25% reducing balance basis
Motor vehicles	25% reducing balance basis

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

BLHC Coote Lane Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 April 2015		80,000			67,324			147,324
Additions		-			1,388			1,388
At 31 March 2016		80,000			68,712			148,712
Depreciation
At 1 April 2015		80,000			61,137			141,137
Charge for the year		-			1,893			1,893
At 31 March 2016		80,000			63,030			143,030
Net book value
At 31 March 2016		-			5,682			5,682
At 31 March 2015		-			6,187			6,187

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		6			6			6			6

4

Control

The company is controlled by no one party.

Page 3