Brickline Properties Limited - Abbreviated accounts 16.3

Brickline Properties Limited - Abbreviated accounts 16.3

BRICKLINE PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 06692906 (England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 30 September 2016

for

Brickline Properties Limited

Brickline Properties Limited (Registered number: 06692906)






Contents of the Abbreviated Accounts
for the Year Ended 30 September 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Brickline Properties Limited

Company Information
for the Year Ended 30 September 2016







DIRECTOR: C Pulze





SECRETARY: Mrs L Pulze





REGISTERED OFFICE: 8/10 South Street
Epsom
Surrey
KT18 7PF





REGISTERED NUMBER: 06692906 (England and Wales)





ACCOUNTANTS: Williams & Co
Chartered Accountants
8-10 South Street
Epsom
Surrey
KT18 7PF
Page 1
Brickline Properties Limited (Registered number: 06692906)

Abbreviated Balance Sheet
30 September 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Investments 2 690,001 690,001
Investment property 3 1,360,387 1,360,387
2,050,388 2,050,388

CURRENT ASSETS
Debtors 57,259 13,385

CREDITORS
Amounts falling due within one year 4 607,826 568,363
NET CURRENT LIABILITIES (550,567 ) (554,978 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,499,821
1,495,410

CREDITORS
Amounts falling due after more than one
year
4
1,035,695
1,087,362
NET ASSETS 464,126 408,048

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 464,026 407,948
SHAREHOLDERS' FUNDS 464,126 408,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 26 June 2017 and were signed by:



C Pulze - Director


The notes form part of these abbreviated accounts

Page 2
Brickline Properties Limited (Registered number: 06692906)

Notes to the Abbreviated Accounts
for the Year Ended 30 September 2016

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).

Preparation of consolidated financial statements
The financial statements contain information about Brickline Properties Limited as an individual
company and do not contain consolidated financial information as the parent of a group. The company
has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated
financial statements.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in market value is transferred to a revaluation reserve.

The directors are also of the view that the property does not need to be depreciated as it is likely that it
can only increase based on current economic forecasts.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Rental income
Income is accounted for on a receivable basis and is recognised in line with the terms of the lease.

Joint venture income
The company recognises any profits due from its joint venture activities when it has the right to receive
any profits due in accordance with any Joint Venture agreements in place.

2. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 October 2015
and 30 September 2016 690,001
NET BOOK VALUE
At 30 September 2016 690,001
At 30 September 2015 690,001

The company's investments at the Balance Sheet date in the share capital of companies include the
following:

Netriver Limited
Nature of business: Property trading
%
Class of shares: holding
Ordinary 51.00
31.3.16 31.3.15
£    £   
Aggregate capital and reserves 460,450 413,835
Profit for the year 46,615 33,032

Page 3 continued...
Brickline Properties Limited (Registered number: 06692906)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 September 2016

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 October 2015
and 30 September 2016 1,360,387
NET BOOK VALUE
At 30 September 2016 1,360,387
At 30 September 2015 1,360,387

4. CREDITORS

Creditors include an amount of £ 537,362 (2015 - £ 589,029 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

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

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company owes the director, C Pulze, £211,652 at the year end (2015 : £194,052). No interest has
been charged by the director on the funds advanced.

Page 4