Registered Number 07988432
14 BOAT CHARTERS LIMITED
Abbreviated Accounts
30 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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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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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The financial statements have been prepared on a going concern basis on the understanding that the director and the bank will continue to support the business.
Turnover policy
Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:
Plant & Machinery - 10% reducing balance
Other accounting policies
The only financial instruments in issue are ordinary shares which are classified as equity.
£ | |
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Cost | |
At 31 March 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 March 2016 |
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Depreciation | |
At 31 March 2015 |
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Charge for the year |
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On disposals |
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At 30 March 2016 |
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Net book values | |
At 30 March 2016 | 326,589 |
At 30 March 2015 | 360,585 |