Joel Investments Limited - Limited company - abbreviated - 11.6
Joel Investments Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 October 2014 |
| for |
| Joel Investments Limited |
| Joel Investments Limited (Registered number: 03679695) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 October 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Joel Investments Limited |
| Company Information |
| for the Year Ended 31 October 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Joel Investments Limited (Registered number: 03679695) |
| Abbreviated Balance Sheet |
| 31 October 2014 |
| 31.10.14 | 31.10.13 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 3 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| Joel Investments Limited (Registered number: 03679695) |
| Abbreviated Balance Sheet - continued |
| 31 October 2014 |
| The financial statements were approved by the director on |
| Joel Investments Limited (Registered number: 03679695) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 October 2014 |
| 1. | ACCOUNTING POLICIES |
| 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 represents income received from the rental of investment properties. |
| Contract income represents fees generated from property management and consultancy services. |
| Tangible fixed assets |
| Freehold and long leasehold | - |
| Freehold and long leasehold land and buildings are shown at their most recent valuation. Any aggregate surplus or deficit |
| arising from changes in market value is transferred to the revaluation reserve. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1 November 2013 |
| Additions |
| At 31 October 2014 |
| DEPRECIATION |
| At 1 November 2013 |
| Charge for year |
| At 31 October 2014 |
| NET BOOK VALUE |
| At 31 October 2014 |
| At 31 October 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 31.10.14 | 31.10.13 |
| £ | £ |
| Repayable otherwise than by instalments | 3,759,736 | 3,759,736 |
| Joel Investments Limited (Registered number: 03679695) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.14 | 31.10.13 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 October 2014 and 31 October 2013: |
| 31.10.14 | 31.10.13 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| A leasehold property included within the company's fixed assets at a value of £279,721, has been partly financed, by loans |
| taken out in the name of R A Josephs, to the value of £230,418. |