REGISTERED NUMBER: 00610302 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 25 December 2014

for

N.H.G. Accommodations Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

Mrs V Taylor

REGISTERED OFFICE:

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

REGISTERED NUMBER:

00610302 (England and Wales)

ACCOUNTANTS:

Knights Lowe Chartered Accountants

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Investment property

2

2,000,000

2,000,000

CURRENT ASSETS

Debtors

30,553

69,216

Cash at bank

79,390

83,392

109,943

152,608

CREDITORS

Amounts falling due within one year

23,482

23,676

NET CURRENT ASSETS

86,461

128,932

TOTAL ASSETS LESS CURRENT LIABILITIES

2,086,461

2,128,932

CAPITAL AND RESERVES

Called up share capital

3

5,000

5,000

Revaluation reserve

1,912,264

1,912,264

Profit and loss account

169,197

211,668

SHAREHOLDERS' FUNDS

2,086,461

2,128,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 17 April 2015 and were signed by:

Mrs V Taylor - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation

of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective

April 2008).

Turnover

Turnover represents gross rental income.

Investment properties

In accordance with the Financial Reporting Standard for Smaller Entities, investment properties are not

depreciated and are included in the balance sheet at their open market value at the balance sheet date.

Surpluses or deficits arising on individual properties are transferred to the revaluation reserve. Deficits in excess

of prior revaluation surpluses on the same property are charged to the profit and loss account.

This is a departure from the requirements of the Companies Act 2006. The directors consider following the

requirements of the FRSSE lends the balance sheet a more true and fair view.

No provision for taxation is made in respect of revalued property.

2.	INVESTMENT PROPERTY

Total

£

COST

At 26 December 2013

and 25 December 2014

2,000,000

NET BOOK VALUE

At 25 December 2014

2,000,000

At 25 December 2013

2,000,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

5,000

Ordinary

£1

5,000

5,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 25 December 2014 and

25 December 2013:

2014

2013

£

£

Mrs V Taylor

Balance outstanding at start of year

41,716

2,816

Amounts advanced

89,637

86,509

Amounts repaid

(128,300

)

(47,609

)

Balance outstanding at end of year

3,053

41,716

During the year interest of £637 was charged by the company on the above loan (2013: £789).