Rock Mount Properties Limited - Period Ending 2019-06-30

Registration number: 02966438

Rock Mount Properties Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2019

Cannons
Chartered Certified Accountants
Unit F, Kingsmead
Park Farm Industrial Estate
Folkestone
Kent
CT19 5EU

 

Rock Mount Properties Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	2

Rock Mount Properties Limited

Company Information

Director

Mr S A Subotsky

Registered office

27 Old Gloucester Street London WC1N 3AX

Accountants

Cannons Chartered Certified Accountants Unit F, Kingsmead Park Farm Industrial Estate Folkestone Kent CT19 5EU

Page 1

Rock Mount Properties Limited

(Registration number: 02966438)
Balance Sheet as at 30 June 2019

	2019 £	2018 £
Fixed assets	941,366	1,215,275
Current assets	167,073	163,581
Creditors: Amounts falling due within one year	(705,487)	(857,331)
Net current liabilities	(538,414)	(693,750)
Total assets less current liabilities	402,952	521,525
Creditors: Amounts falling due after more than one year	(351,806)	(467,080)
Accruals and deferred income	(2,554)	(1,667)
	48,592	52,778
Capital and reserves	48,592	52,778

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
27 Old Gloucester Street
London
WC1N 3AX
England

These financial statements were authorised for issue by the director on 20 April 2020.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2018 - 1).

3	Related party transactions

First Finsbury Investments Limited
(Controlling interest)

Amounts due at the balance sheet date in the way of loans to Fisrt Finsbury Investments Limited, a subsidiary in which Rock Mount Properties Limited owns 99.99% of the ordinary share capital.
At the balance sheet date the amount due to First Finsbury Investments was £702,000 (2018 - £741,572).

Page 2

Rock Mount Properties Limited

(Registration number: 02966438)
Balance Sheet as at 30 June 2019

Transactions with directors

2019	At 1 July 2018 £	Advances to directors £	Repayments by director £	At 30 June 2019 £
Mr S A Subotsky
	(111,116)	116,816	(5,700)	-

2018	At 1 July 2017 £	Advances to directors £	Repayments by director £	At 30 June 2018 £
Mr S A Subotsky
	(68,126)	5,500	(48,490)	(111,116)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 20 April 2020
 

.........................................

Mr S A Subotsky
Director

Page 3