Abbreviated Company Accounts - THE MAGPIES (ARTHOUSE) LIMITED

THE MAGPIES (ARTHOUSE) LIMITED - Company Information

08286508 THE MAGPIES (ARTHOUSE) LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 08286508 2015-12-01 2016-11-30 08286508 2016-11-30 08286508 2015-11-30 08286508 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 08286508 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 08286508

THE MAGPIES (ARTHOUSE) LIMITED

Abbreviated Accounts

30 November 2016

THE MAGPIES (ARTHOUSE) LIMITED Registered Number 08286508

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	179,500	183,319
		179,500	183,319
Current assets
Debtors		1	1
Cash at bank and in hand		1,487	3,763
		1,488	3,764
Creditors: amounts falling due within one year	3	(65,048)	(40,689)
Net current assets (liabilities)		(63,560)	(36,925)
Total assets less current liabilities		115,940	146,394
Creditors: amounts falling due after more than one year	3	(116,958)	(140,958)
Total net assets (liabilities)		(1,018)	5,436
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(1,019)	5,435
Shareholders' funds		(1,018)	5,436

For the year ending 30 November 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 24 August 2017

And signed on their behalf by:
G A Rookledge, Director

THE MAGPIES (ARTHOUSE) LIMITED Registered Number 08286508

Notes to the Abbreviated Accounts for the period ended 30 November 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 January 2015.

Turnover policy
Turnover represents net invoiced sales of services.

Tangible assets depreciation policy
Land and buildings - 2% on cost

2Tangible fixed assets

	£
Cost
At 1 December 2015	190,958
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	190,958
Depreciation
At 1 December 2015	7,639
Charge for the year	3,819
On disposals	-
At 30 November 2016	11,458
Net book values
At 30 November 2016	179,500
At 30 November 2015	183,319

3Creditors

	2016 £	2015 £
Secured Debts	67,000	91,000
Non-instalment debts due after 5 years	49,958	49,958

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

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