Abbreviated Company Accounts - ROSETHORN PROPERTIES LIMITED

ROSETHORN PROPERTIES LIMITED - Company Information

Registered Number 07729764

ROSETHORN PROPERTIES LIMITED

Abbreviated Accounts

31 August 2015

ROSETHORN PROPERTIES LIMITED Registered Number 07729764

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	286,160	286,160
		286,160	286,160
Current assets
Cash at bank and in hand		908	2,836
		908	2,836
Creditors: amounts falling due within one year		(293,863)	(293,691)
Net current assets (liabilities)		(292,955)	(290,855)
Total assets less current liabilities		(6,795)	(4,695)
Accruals and deferred income		(320)	(384)
Total net assets (liabilities)		(7,115)	(5,079)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(7,116)	(5,080)
Shareholders' funds		(7,115)	(5,079)

For the year ending 31 August 2015 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 22 October 2015

And signed on their behalf by:
Mr B.K. Hendry, Director

ROSETHORN PROPERTIES LIMITED Registered Number 07729764

Notes to the Abbreviated Accounts for the period ended 31 August 2015

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 January 2015.

Other accounting policies
The company was under the control of Mr B.K. Hendry throughout the current and previous financial years. Mr B.K. Hendry is the managing director and sole shareholder.

Included in Creditors is £2,143 (2014 - £1,891), the amoutn being attributable to the director's current account. There was no interest paid on this amount and there were no fixed terms for repayment.

Also included in Creditors is £291,720 (£291800), being the amount due to Hendry Construction Ltd. This company is registered in the UK and the majority of the issued share capital is held by Mr. B.K. Hendry and his spouse. No interest was paid on this amount and there were no fixed terms for repayment.

The property owned by the company is holiday home and has been let out at market rates to customers including the director during the year.

2Tangible fixed assets

	£
Cost
At 1 September 2014	286,160
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	286,160
Depreciation
At 1 September 2014	-
Charge for the year	-
On disposals	-
At 31 August 2015	-
Net book values
At 31 August 2015	286,160
At 31 August 2014	286,160