RMF Properties Limited - Limited company - abbreviated

REGISTERED NUMBER: 04354395 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 APRIL 2013 TO 30 JUNE 2014

FOR

R.M.F. PROPERTIES LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

261

32

Investment properties

3

6,669,625

6,881,054

6,669,886

6,881,086

CURRENT ASSETS

Debtors

609,799

25,340

Cash at bank

1,686,075

1,531,436

2,295,874

1,556,776

CREDITORS

Amounts falling due within one year

401,633

179,287

NET CURRENT ASSETS

1,894,241

1,377,489

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,564,127

8,258,575

PROVISIONS FOR LIABILITIES

55

-

NET ASSETS

8,564,072

8,258,575

CAPITAL AND RESERVES

Called up share capital

4

9,000

Share premium

2,778,935

Revaluation reserve

795,490

795,990

Profit and loss account

4,980,647

4,674,650

SHAREHOLDERS' FUNDS

8,564,072

8,258,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 16 December 2014 and were signed on its behalf
by:

R J Foskett - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting

policies adopted in the preparation of the financial statements are set out below and have remained unchanged

from the previous year.

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

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

2008).

Turnover

Turnover comprises the value of sales (net of value added tax) of services provided in the normal course of

business.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings and equipment

-

Over 3 years

Office equipment

-

25% on cost

Investment properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

20,553

Additions

349

Disposals

(4,881

)

At 30 June 2014

16,021

DEPRECIATION

At 1 April 2013

20,521

Charge for period

120

Eliminated on disposal

(4,881

)

At 30 June 2014

15,760

NET BOOK VALUE

At 30 June 2014

261

At 31 March 2013

32

3.	INVESTMENT PROPERTIES

Total

£

COST OR VALUATION

At 1 April 2013

6,881,054

Additions

41,858

Disposals

(252,787

)

Revaluations

(500

)

At 30 June 2014

6,669,625

NET BOOK VALUE

At 30 June 2014

6,669,625

At 31 March 2013

6,881,054

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2,340

"A" Ordinary

£1

2,340

3,996

"B" Ordinary

£1

3,996

2,664

"C" Ordinary

£1

2,664

9,000

RMF Properties Limited - Limited company - abbreviated - 11.6

RMF Properties Limited - Limited company - abbreviated - 11.6