Abbreviated Company Accounts - BUTLERS INVESTMENTS LIMITED

BUTLERS INVESTMENTS LIMITED - Company Information

04738510 BUTLERS INVESTMENTS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 04738510 2015-05-01 2016-04-30 04738510 2016-04-30 04738510 2015-04-30 04738510 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 04738510 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 04738510

BUTLERS INVESTMENTS LIMITED

Abbreviated Accounts

30 April 2016

BUTLERS INVESTMENTS LIMITED Registered Number 04738510

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	5,600	7,000
Tangible assets	3	175,218	175,468
		180,818	182,468
Current assets
Cash at bank and in hand		3,324	797
		3,324	797
Creditors: amounts falling due within one year	4	(23,270)	(21,091)
Net current assets (liabilities)		(19,946)	(20,294)
Total assets less current liabilities		160,872	162,174
Creditors: amounts falling due after more than one year	4	(65,674)	(80,466)
Total net assets (liabilities)		95,198	81,708
Capital and reserves
Called up share capital	5	120	120
Profit and loss account		95,078	81,588
Shareholders' funds		95,198	81,708

For the year ending 30 April 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 15 January 2017

And signed on their behalf by:
Abdul Kadir, Director

BUTLERS INVESTMENTS LIMITED Registered Number 04738510

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the rate of 15% on reducing balance method on plant and machinery in order to write off the assets over their estimated useful lives. No depreciation has been provided on land and buildings as in the opinion of the director the market value of the freehold properties are in excess of the cost.

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 15 years.

2Intangible fixed assets

	£
Cost
At 1 May 2015	21,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	21,000
Amortisation
At 1 May 2015	14,000
Charge for the year	1,400
On disposals	-
At 30 April 2016	15,400
Net book values
At 30 April 2016	5,600
At 30 April 2015	7,000

3Tangible fixed assets

	£
Cost
At 1 May 2015	188,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	188,000
Depreciation
At 1 May 2015	12,532
Charge for the year	250
On disposals	-
At 30 April 2016	12,782
Net book values
At 30 April 2016	175,218
At 30 April 2015	175,468

4Creditors

	2016 £	2015 £
Secured Debts	88,944	101,557

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
120 Ordinary shares of £1 each	120	120