Abbreviated Company Accounts - RAMAT INVESTMENT CORPORATION LIMITED

RAMAT INVESTMENT CORPORATION LIMITED - Company Information

03232917 RAMAT INVESTMENT CORPORATION LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 03232917 2013-09-01 2014-08-31 03232917 2014-08-31 03232917 2013-08-31 03232917 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 03232917 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 03232917

RAMAT INVESTMENT CORPORATION LIMITED

Abbreviated Accounts

31 August 2014

RAMAT INVESTMENT CORPORATION LIMITED Registered Number 03232917

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	974,232	646,543
		974,232	646,543
Current assets
Debtors		1,085	958
Cash at bank and in hand		302,384	28,908
		303,469	29,866
Creditors: amounts falling due within one year		(471,568)	(459,101)
Net current assets (liabilities)		(168,099)	(429,235)
Total assets less current liabilities		806,133	217,308
Creditors: amounts falling due after more than one year		(560,040)	-
Total net assets (liabilities)		246,093	217,308
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		246,091	217,306
Shareholders' funds		246,093	217,308

For the year ending 31 August 2014 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 28 May 2015

And signed on their behalf by:
Alan Mendelsohn, Director

RAMAT INVESTMENT CORPORATION LIMITED Registered Number 03232917

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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
The turnover shown in the profit and loss account represents rents receivable during the year.

Tangible assets depreciation policy
No provision has been made for the depreciation of the freehold building.

Other accounting policies
Investment properties

The company's freehold property is included in the Balance Sheet at historical cost. This is not in accordance with the requirements of Statement of Standard Accounting Practice No 19 which requires such properties to be stated at their open market value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 September 2013	646,543
Additions	327,689
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	974,232
Depreciation
At 1 September 2013	-
Charge for the year	-
On disposals	-
At 31 August 2014	-
Net book values
At 31 August 2014	974,232
At 31 August 2013	646,543

All fixed assets are initially recorded at cost.

The company's investment property has been included in these accounts at historical cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2