Accounts filed on 31-05-2017

Accounts filed on 31-05-2017

BETSHAM LIMITED - Company Information

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Registered number: 10166843
BETSHAM LIMITED
ACCOUNTS
FOR THE 391 DAY PERIOD ENDED 31/05/2017
BETSHAM LIMITED
ACCOUNTS
FOR THE 391 DAY PERIOD ENDED 31/05/2017
DIRECTORS
Aaron Langberg
REGISTERED OFFICE
14 Lampard Grove
London
N16 6UZ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10166843
BETSHAM LIMITED
ACCOUNTS
FOR THE391 DAY PERIODENDED31/05/2017
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
BETSHAM LIMITED
BALANCE SHEET AT 31/05/2017
2017
Notes£
FIXED ASSETS
Tangible assets21,191,871
CURRENT ASSETS
Debtors41,890
Cash at bank and in hand4,574
6,464
CREDITORS: Amounts falling due within one year5436,441
NET CURRENT LIABILITIES(429,977)
TOTAL ASSETS LESS CURRENT LIABILITIES761,894
CREDITORS: Amounts falling due after more than one year6819,455
NET LIABILITIES(57,561)
CAPITAL AND RESERVES
Called up share capital81
Profit and loss account(57,562)
SHAREHOLDERS' FUNDS(57,561)
For the year ending 31/05/2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29/03/2018 and signed on their behalf by
.............................
Aaron Langberg
Director
BETSHAM LIMITED
NOTES TO THE ACCOUNTS
FOR THE 391 DAY PERIOD ENDED 31/05/2017
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. TANGIBLE FIXED ASSETS
Cost
At 31/05/2017
Depreciation
At 31/05/2017
Net Book Amounts
At 31/05/2017
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
Additions1,191,8711,191,871
At 31/05/20171,191,8711,191,871
4. DEBTORS 2017
£
Amounts falling due within one year
Other debtors1,890
1,890
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017
£
Other creditors436,021
Accruals420
436,441
BETSHAM LIMITED
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017
£
Bank loans (secured) >1yr819,455
819,455
7. EMPLOYEES
2017
No.No.
8. SHARE CAPITAL 2017
£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each1
1