Abbreviated Company Accounts - RIAN PROPERTIES LIMITED

RIAN PROPERTIES LIMITED - Company Information

00657310 RIAN PROPERTIES LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 00657310 2014-04-01 2015-03-31 00657310 2015-03-31 00657310 2014-03-31 00657310 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 00657310 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 iso4217:GBP shares

Registered Number 00657310

RIAN PROPERTIES LIMITED

Abbreviated Accounts

31 March 2015

RIAN PROPERTIES LIMITED Registered Number 00657310

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,390,000	3,390,000
		3,390,000	3,390,000
Current assets
Debtors		1,379,454	1,302,094
Cash at bank and in hand		12,100	17,185
		1,391,554	1,319,279
Creditors: amounts falling due within one year		(185,806)	(142,924)
Net current assets (liabilities)		1,205,748	1,176,355
Total assets less current liabilities		4,595,748	4,566,355
Creditors: amounts falling due after more than one year		(150,000)	(150,000)
Total net assets (liabilities)		4,445,748	4,416,355
Capital and reserves
Called up share capital		7,142	7,142
Share premium account		15,858	15,858
Revaluation reserve		3,287,330	3,287,330
Profit and loss account		1,135,418	1,106,025
Shareholders' funds		4,445,748	4,416,355

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 17 December 2015

And signed on their behalf by:
Mr John Harris, Director

RIAN PROPERTIES LIMITED Registered Number 00657310

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 (as modified to include the revaluation of freehold land and buildings) 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
No depreciation is charged on freehold land and buildings as they are carried at market value. There are no other fixed assets.

2Tangible fixed assets

	£
Cost
At 1 April 2014	3,390,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	3,390,000
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	3,390,000
At 31 March 2014	3,390,000

3Transactions with directors

Name of director receiving advance or credit:	Mr J Gee
Description of the transaction:	Secured Loan
Balance at 1 April 2014:	£ 1,046,123
Advances or credits made:	£ 70,935
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 1,117,058

The loan has been fully repaid after the Balance Sheet date.