Charlesworths (Doncaster) Limited - Abbreviated accounts 16.3

Charlesworths (Doncaster) Limited - Abbreviated accounts 16.3

CHARLESWORTHS (DONCASTER) LIMITED - Company Information

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REGISTERED NUMBER: 04120096















Charlesworths (Doncaster) Limited

Abbreviated Unaudited Accounts For The Year Ended 31 May 2016













Charlesworths (Doncaster) Limited (Registered number: 04120096)






Contents of the Abbreviated Accounts
For The Year Ended 31 May 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Charlesworths (Doncaster) Limited

Company Information
For The Year Ended 31 May 2016







DIRECTOR: A J G E Charlesworth





SECRETARY: S H Charlesworth





REGISTERED OFFICE: PO Box 978
Sidings Court
Lakeside
Doncaster
DN4 5NU





REGISTERED NUMBER: 04120096





ACCOUNTANTS: Allotts Business Services Ltd
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU
Page 1
Charlesworths (Doncaster) Limited (Registered number: 04120096)

Abbreviated Balance Sheet
31 May 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 563,000 310,000

CURRENT ASSETS
Debtors 800 5,181
Cash at bank 1,403 5,626
2,203 10,807
CREDITORS
Amounts falling due within one year 131,250 92,584
NET CURRENT LIABILITIES (129,047 ) (81,777 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
433,953
228,223

CAPITAL AND RESERVES
Called up share capital 3 155,100 100
Share premium 743 -
Revaluation reserve 160,471 104,911
Profit and loss account 117,639 123,212
SHAREHOLDERS' FUNDS 433,953 228,223

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

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

The director acknowledges his 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 director on 28 February 2017 and were signed by:





A J G E Charlesworth - Director


The notes form part of these abbreviated accounts

Page 2
Charlesworths (Doncaster) Limited (Registered number: 04120096)

Notes to the Abbreviated Accounts
For The Year Ended 31 May 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January
2015).

Turnover
Turnover represents rents receivable in the year.

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

Investment property - not provided
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

In accordance with the FRSSE, the investment property is revalued from time to time and the aggregate surplus
or deficit is transferred to revaluation reserve. No depreciation is provided in respect of investment property. The
Companies Act 2006 requires all property to be depreciated. This requirement conflicts with the generally
accepted principle set out in the FRSSE. The directors consider that, because such property is not held for
consumption, but for investment potential to depreciate it would not give a true and fair view. If this departure
from the Act had not been made, the profit for the year would have been reduced by depreciation. However the
amount of depreciation cannot reasonably be quantified being only one of many factors reflected in the valuation
and not separately identified.

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 June 2015 312,863
Additions 197,440
Revaluations 55,560
At 31 May 2016 565,863
DEPRECIATION
At 1 June 2015
and 31 May 2016 2,863
NET BOOK VALUE
At 31 May 2016 563,000
At 31 May 2015 310,000

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100
155,000 A Ordinary £1 155,000 -
155,100 100

155,000 A Ordinary shares of £1 each were allotted as fully paid at a premium of £0.0047935 per share during
the year.

Page 3