Conlons Lodge Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05067907 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Conlons Lodge Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R A Conlon

Mrs N Conlon

SECRETARY:

Mr R A Lye

REGISTERED OFFICE:

115 Chester Road

Sunderland

Tyne and Wear

SR4 7HG

REGISTERED NUMBER:

05067907 (England and Wales)

ACCOUNTANTS:

Michael Adamson & Co

Chartered Certified Acc'ts

115 Chester Road

Sunderland

SR4 7HG

FIXED ASSETS

Intangible assets

2

-

2,475

Tangible assets

3

-

1,938

Investments

4

63,000

67,413

CURRENT ASSETS

Debtors

5,111

5,885

Cash at bank and in hand

20,520

24,141

25,631

30,026

CREDITORS

Amounts falling due within one year

12,280

16,176

NET CURRENT ASSETS

13,351

13,850

TOTAL ASSETS LESS CURRENT
LIABILITIES

76,351

81,263

PROVISIONS FOR LIABILITIES

-

113

NET ASSETS

76,351

81,150

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

76,251

81,050

SHAREHOLDERS' FUNDS

76,351

81,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 December 2016 and were
signed on its behalf by:

Mr R A Conlon - Director

Mrs N Conlon - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Turnover represents amounts chargeable in respect of services provided to customers.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

5,450

Disposals

(5,450

)

At 31 March 2016

-

AMORTISATION

At 1 April 2015

2,975

Amortisation for year

273

Eliminated on disposal

(3,248

)

At 31 March 2016

-

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

2,475

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

13,215

Disposals

(13,215

)

At 31 March 2016

-

DEPRECIATION

At 1 April 2015

11,277

Charge for year

485

Eliminated on disposal

(11,762

)

At 31 March 2016

-

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

1,938

4.	FIXED ASSET INVESTMENTS

Investment

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

63,000

NET BOOK VALUE

At 31 March 2016

63,000

At 31 March 2015

63,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended

31 March 2016 and 31 March 2015:

31.3.16

31.3.15

£

Mr R A Conlon and Mrs N Conlon

Balance outstanding at start of year

11,014

9,085

Amounts advanced

-

1,929

Amounts repaid

(2,933

)

-

Balance outstanding at end of year

8,081

11,014