Kitazono Property Limited - Limited company - abbreviated

REGISTERED NUMBER: 06532671 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Kitazono Property Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T Kitazono

E T Kitazono

SECRETARY:

E T Kitazono

REGISTERED OFFICE:

29 Edgehill Road

Purley

Surrey

CR6 2ND

REGISTERED NUMBER:

06532671 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Investments

2

2,524,485

CURRENT ASSETS

Cash at bank

21,186

1,730

CREDITORS

Amounts falling due within one year

3

(129,954

)

(122,051

)

NET CURRENT LIABILITIES

(108,768

)

(120,321

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,415,717

2,404,164

CREDITORS

Amounts falling due after more than one
year

3

(2,236,584

)

(2,262,327

)

NET ASSETS

179,133

141,837

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

179,131

141,835

SHAREHOLDERS' FUNDS

179,133

141,837

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 26 August 2015 and were signed on its behalf by:

T Kitazono - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Kitazono Property Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 December 2013

and 30 November 2014

2,524,485

NET BOOK VALUE

At 30 November 2014

2,524,485

At 30 November 2013

2,524,485

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Ryohei Ishikawa Ltd

Nature of business: Property investment

%

Class of shares:

holding

Ordinary shares

100.00

30.11.14

30.11.13

£

Aggregate capital and reserves

4,951,191

4,212,314

Profit for the year

79,877

60,203

3.

CREDITORS

Creditors include an amount of £ 262,577 (30.11.13 - £ 262,577 ) for which security has been given.

They also include the following debts falling due in more than five years:

30.11.14

30.11.13

£

Repayable by instalments

876,874

940,870

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

2

Ordinary

£1

2

Kitazono Property Limited - Limited company - abbreviated - 11.6

Kitazono Property Limited - Limited company - abbreviated - 11.6