| Birdham Pool Limited |
| Registered number: |
00372062 |
| Abbreviated Balance Sheet |
| as at 30 September 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
821,859 |
|
|
556,218 |
|
| Current assets |
| Stocks |
|
|
4,208 |
|
|
4,919 |
| Debtors |
|
|
1,938,051 |
|
|
1,633,212 |
| Cash at bank and in hand |
|
|
617,729 |
|
|
70,449 |
|
|
|
2,559,988 |
|
|
1,708,580 |
|
| Creditors: amounts falling due within one year |
|
|
(736,563) |
|
|
(450,285) |
|
| Net current assets |
|
|
|
1,823,425 |
|
|
1,258,295 |
|
| Net assets |
|
|
|
2,645,284 |
|
|
1,814,513 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
3,944 |
|
|
3,944 |
| Share premium |
|
|
|
7,879 |
|
|
7,879 |
| Profit and loss account |
|
|
|
2,633,461 |
|
|
1,802,690 |
|
| Shareholders' funds |
|
|
|
2,645,284 |
|
|
1,814,513 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| RJ Smith |
| Director |
| Approved by the board on 23 June 2017 |
|
| Birdham Pool Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 sales of berthing and other marina income to extrenal customers at invoiced amounts less valued added tax. It is recognised in the year to which it relates. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% to 33% straight line |
|
Freehold property |
2% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2015 |
962,427 |
|
Additions |
352,497 |
|
Disposals |
(63,085) |
|
At 30 September 2016 |
1,251,839 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2015 |
406,209 |
|
Charge for the year |
41,646 |
|
On disposals |
(17,875) |
|
At 30 September 2016 |
429,980 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2016 |
821,859 |
|
At 30 September 2015 |
556,218 |
|
|
|
|
|
|
|
|
Included in the net book value of land and buildings is freehold land at a cost of £268,812 (2015: £275,705). |
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
3,944 |
|
3,944 |
|
3,944 |
|
|
|
|
|
|
|
|
|
