Abbreviated Company Accounts - L.BRICKMAN LIMITED

L.BRICKMAN LIMITED - Company Information

00394802 L.BRICKMAN LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 00394802 2015-05-01 2016-04-30 00394802 2016-04-30 00394802 2015-04-30 00394802 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 00394802 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 00394802

L.BRICKMAN LIMITED

Abbreviated Accounts

30 April 2016

L.BRICKMAN LIMITED Registered Number 00394802

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	11,293	13,280
Investments	3	3,098,009	3,090,604
		3,109,302	3,103,884
Current assets
Debtors		562,922	552,395
Cash at bank and in hand		100,716	10,208
		663,638	562,603
Creditors: amounts falling due within one year		(8,051)	(8,922)
Net current assets (liabilities)		655,587	553,681
Total assets less current liabilities		3,764,889	3,657,565
Total net assets (liabilities)		3,764,889	3,657,565
Capital and reserves
Called up share capital	4	3,500	3,500
Revaluation reserve		1,090,193	1,003,894
Other reserves		500	500
Profit and loss account		2,670,696	2,649,671
Shareholders' funds		3,764,889	3,657,565

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 20 January 2017

And signed on their behalf by:
B R Wallis, Director

L.BRICKMAN LIMITED Registered Number 00394802

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention as modified by the revaluation of Investment Property and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and fittings - 15% reducing balance

Other accounting policies
Investments

Investments held as fixed assets are shown at market value.

Investment properties

Investment properties are included in the Balance sheet at their open market value in accordance
with the Financial Reporting Standard for Smaller Entities (effective January 2015) and are not
depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets
should be depreciated but is, in the opinion of the directors, necessary in order to give a true and
fair view of the financial position of the company.

2Tangible fixed assets

	£
Cost
At 1 May 2015	44,999
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	44,999
Depreciation
At 1 May 2015	31,719
Charge for the year	1,987
On disposals	-
At 30 April 2016	33,706
Net book values
At 30 April 2016	11,293
At 30 April 2015	13,280

3Fixed assets Investments
INVESTMENT PROPERTY

Valuation

At 1 May 2015 - £1,850,001
Revaluation during the year - £150,000
At 30 April 2016 - £2,000,001

The 2016 valuations were made by the directors, on an open market value for existing use basis.

FIXED ASSET INVESTMENTS

Cost or valuation

At 1 May 2015 - £1,240,603
Additions - £36,083
Disposals - (£129,654)
Revaluations - (£49,024)
At 30 April 2016 - £1,098,008

Net book value

At 30 April 2016 - £1,098,008
At 30 April 2015 - £1,240,603

Listed investments

The market value of the listed investments at 30 April 2016 was £974,008 (2015 - £1,140,603).

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
3,500 Ordinary shares of £1 each	3,500	3,500