Abbreviated Company Accounts - SECOND AVENUE BUSINESS PARK LIMITED

Abbreviated Company Accounts - SECOND AVENUE BUSINESS PARK LIMITED


Registered Number 02947819

SECOND AVENUE BUSINESS PARK LIMITED

Abbreviated Accounts

30 September 2016

SECOND AVENUE BUSINESS PARK LIMITED Registered Number 02947819

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,212 4,362
4,212 4,362
Current assets
Debtors 1,457 937
Cash at bank and in hand 20,705 16,406
22,162 17,343
Creditors: amounts falling due within one year (3,506) (644)
Net current assets (liabilities) 18,656 16,699
Total assets less current liabilities 22,868 21,061
Creditors: amounts falling due after more than one year (3,047) (3,131)
Total net assets (liabilities) 19,821 17,930
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 19,721 17,830
Shareholders' funds 19,821 17,930
  • For the year ending 30 September 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 5 September 2017

And signed on their behalf by:
S A Elliott, Director

SECOND AVENUE BUSINESS PARK LIMITED Registered Number 02947819

Notes to the Abbreviated Accounts for the period ended 30 September 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 April 2008.

Turnover policy
Turnover comprises the invoiced value of services supplied by the company

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis.
Leasehold property 2% per annum on cost

Other accounting policies
Deferred taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not yet reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 October 2015 7,512
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 7,512
Depreciation
At 1 October 2015 3,150
Charge for the year 150
On disposals -
At 30 September 2016 3,300
Net book values
At 30 September 2016 4,212
At 30 September 2015 4,362
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100