Abbreviated Company Accounts - RAYNERS PROPERTIES LIMITED

RAYNERS PROPERTIES LIMITED - Company Information

Registered Number 03779124

RAYNERS PROPERTIES LIMITED

Abbreviated Accounts

31 March 2015

RAYNERS PROPERTIES LIMITED Registered Number 03779124

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	167	196
Investments	3	101,245	101,245
		101,412	101,441
Current assets
Debtors		4,471	10,888
Cash at bank and in hand		38,822	17,270
		43,293	28,158
Creditors: amounts falling due within one year		(36,477)	(26,572)
Net current assets (liabilities)		6,816	1,586
Total assets less current liabilities		108,228	103,027
Total net assets (liabilities)		108,228	103,027
Capital and reserves
Called up share capital		2	2
Profit and loss account		108,226	103,025
Shareholders' funds		108,228	103,027

For the year ending 31 March 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 23 July 2015

And signed on their behalf by:
H Lukeman, Director

RAYNERS PROPERTIES LIMITED Registered Number 03779124

Notes to the Abbreviated Accounts for the period ended 31 March 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 April 2008.

Turnover policy
Turnover represents rental income receivable.

Tangible assets depreciation policy
Depreciation is provided to at the following annual rate in order to write off each asset over its estimated useful life.
Fixtures and fittings 15% on reducing balance basis

Valuation information and policy
Investment
Investment property is shown at most recent valuation. The valuation is carried out by the directors on an open market basis and in its current condition. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

2Tangible fixed assets

	£
Cost
At 1 April 2014	1,339
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	1,339
Depreciation
At 1 April 2014	1,143
Charge for the year	29
On disposals	-
At 31 March 2015	1,172
Net book values
At 31 March 2015	167
At 31 March 2014	196

3Fixed assets Investments
The investment is quoted at the open market value carried by the directors.