R & J L Investments Ltd |
Registered number: |
05813054 |
Abbreviated Balance Sheet |
as at 31 May 2014 |
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
970 |
|
|
1,454 |
Investments |
3 |
|
|
183,874 |
|
|
183,874 |
|
|
|
|
184,844 |
|
|
185,328 |
|
Current assets |
Debtors |
|
|
- |
|
|
800 |
Cash at bank and in hand |
|
|
591 |
|
|
12,927 |
|
|
|
591 |
|
|
13,727 |
|
Creditors: amounts falling due within one year |
|
|
(19,970) |
|
|
(40,880) |
|
Net current liabilities |
|
|
|
(19,379) |
|
|
(27,153) |
|
Total assets less current liabilities |
|
|
|
165,465 |
|
|
158,175 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(151,006) |
|
|
(151,006) |
|
|
|
Net assets |
|
|
|
14,459 |
|
|
7,169 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
5 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
14,457 |
|
|
7,167 |
|
Shareholders' funds |
|
|
|
14,459 |
|
|
7,169 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
J Liondaris |
Director |
Approved by the board on 20 February 2015 |
|
R & J L Investments Ltd |
Notes to the Abbreviated Accounts |
for the year ended 31 May 2014 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents gross rents receivable from investment properties held by the company. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
|
Furnishings & office equipment |
25% straight line |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2013 |
6,155 |
|
At 31 May 2014 |
6,155 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2013 |
4,701 |
|
Charge for the year |
484 |
|
At 31 May 2014 |
5,185 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2014 |
970 |
|
At 31 May 2013 |
1,454 |
|
|
|
|
|
|
|
|
3 |
Investments |
£ |
|
|
Cost |
|
At 1 June 2013 |
183,874 |
|
|
At 31 May 2014 |
183,874 |
|
|
|
|
|
|
|
4 |
Loans |
2014 |
|
2013 |
£ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
151,006 |
|
151,006 |
|
Secured bank loans |
151,006 |
|
151,006 |
|
|
|
|
|
|
|
|
|
|
5 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
6 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
R Liondaris |
|
Directors current account |
(39,061) |
|
22,702 |
|
- |
|
(16,359) |
|
|
|
(39,061) |
|
22,702 |
|
- |
|
(16,359) |
|
|
|
|
|
|
|
|
|