Registered Number 04611728

ARK RESIDENTIAL LETTING LTD

Abbreviated Accounts

31 December 2015

ARK RESIDENTIAL LETTING LTD Registered Number 04611728

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 6,475 8,395
6,475 8,395
Current assets
Debtors 4,050 4,740
Cash at bank and in hand 84,616 74,597
88,666 79,337
Creditors: amounts falling due within one year (68,145) (59,674)
Net current assets (liabilities) 20,521 19,663
Total assets less current liabilities 26,996 28,058
Provisions for liabilities (180) (470)
Total net assets (liabilities) 26,816 27,588
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 26,815 27,587
Shareholders' funds 26,816 27,588
  • For the year ending 31 December 2015 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 21 April 2016

And signed on their behalf by:
K L Morgan, Director
J E Mitcheson, Director

ARK RESIDENTIAL LETTING LTD Registered Number 04611728

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the annual rate of 25% on a reducing balance basis in order to write off each asset over its estimated useful life.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets
£
Cost
At 1 January 2015 31,034
Additions 239
Disposals -
Revaluations -
Transfers -
At 31 December 2015 31,273
Depreciation
At 1 January 2015 22,639
Charge for the year 2,159
On disposals -
At 31 December 2015 24,798
Net book values
At 31 December 2015 6,475
At 31 December 2014 8,395
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1