Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Inverness Accommodation Ltd
Contents
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Inverness Accommodation Ltd
(Registration number: SC277154)
Abbreviated Balance Sheet at 30 April 2016
Note |
2016
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2015
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
( |
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Total assets less current liabilities |
( |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the Board on
.........................................
Mr A Mohammed
Director
1
Inverness Accommodation Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The directors have confirmed that they will continue to give financial support to the company until such time as its position improves. The directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support were withdrawn. A director has given a personal guarantee in the sum of £200,000 for the bank loans.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
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Financial instruments
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 May 2015 |
7,162 |
7,162 |
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At 30 April 2016 |
7,162 |
7,162 |
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Depreciation |
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At 1 May 2015 |
7,162 |
7,162 |
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At 30 April 2016 |
7,162 |
7,162 |
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Net book value |
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At 30 April 2016 |
- |
- |
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At 30 April 2015 |
- |
- |
Inverness Accommodation Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Directors' advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mr A Mohammed |
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- |
13,277 |
- |
Control |
The company is controlled by