Abbreviated Company Accounts - ABERYSTWYTH PARK LODGE LTD

03399021 ABERYSTWYTH PARK LODGE LTD 2016-07-31 false 2015-08-01 2016-07-31 true 03399021 2015-08-01 2016-07-31 03399021 2016-07-31 03399021 2015-07-31 03399021 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 03399021 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 03399021

ABERYSTWYTH PARK LODGE LTD

Abbreviated Accounts

31 July 2016

ABERYSTWYTH PARK LODGE LTD Registered Number 03399021

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,566,453	3,608,899
		3,566,453	3,608,899
Current assets
Stocks		45,500	45,500
Debtors		65,869	61,553
Cash at bank and in hand		31,114	1,654
		142,483	108,707
Creditors: amounts falling due within one year		(810,156)	(786,397)
Net current assets (liabilities)		(667,673)	(677,690)
Total assets less current liabilities		2,898,780	2,931,209
Creditors: amounts falling due after more than one year		(2,182,823)	(2,320,847)
Total net assets (liabilities)		715,957	610,362
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		715,955	610,360
Shareholders' funds		715,957	610,362

For the year ending 31 July 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 20 April 2017

And signed on their behalf by:
J D V Morgans, Director

ABERYSTWYTH PARK LODGE LTD Registered Number 03399021

Notes to the Abbreviated Accounts for the period ended 31 July 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 represents amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated reaslisable value of each asset over its expected useful lifeas follows:
buildings - freehold 2% on cost
fixtures fittings and equipment 20% on reducing balance
motor vehicles 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	4,798,907
Additions	72,269
Disposals	(31,994)
Revaluations	-
Transfers	-
At 31 July 2016	4,839,182
Depreciation
At 1 August 2015	1,190,008
Charge for the year	101,249
On disposals	(18,528)
At 31 July 2016	1,272,729
Net book values
At 31 July 2016	3,566,453
At 31 July 2015	3,608,899

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2