Rockridge Properties Limited - Limited company - abbreviated

REGISTERED NUMBER: 04355899 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

ROCKRIDGE PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J P Kelly

Mrs L F Kelly

SECRETARY:

Mrs J Spray

REGISTERED OFFICE:

1168/1170 Melton Road

Syston

Leicester

Leicestershire

LE7 2HB

REGISTERED NUMBER:

04355899 (England and Wales)

ACCOUNTANTS:

Conley Ward

1168/1170 Melton Road

Syston

Leicester

Leicestershire

LE7 2HB

FIXED ASSETS

Tangible assets

2

8,652

6,958

Investment property

3

5,554,567

5,268,289

5,563,219

5,275,247

CURRENT ASSETS

Debtors

40,149

25,534

Investments

-

109,347

Cash at bank

335,878

132,330

376,027

267,211

CREDITORS

Amounts falling due within one year

108,131

120,240

NET CURRENT ASSETS

267,896

146,971

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,831,115

5,422,218

CREDITORS

Amounts falling due after more than one
year

945,819

678,472

NET ASSETS

4,885,296

4,743,746

CAPITAL AND RESERVES

Called up share capital

4

2

Revaluation reserve

(435,146

)

(435,146

)

Profit and loss account

5,320,440

5,178,890

SHAREHOLDERS' FUNDS

4,885,296

4,743,746

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 16 December 2015 and were signed on its behalf
by:

J P Kelly - 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).

Turnover

Turnover represents rental income and service recharges.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at the most recent valuation. Surpluses or deficits arising from changes in market

value are transferred to a revaluation reserve unless any such deficit is expected to be permanent, in which case it

is debited to the profit and loss account for the year. No depreciation is charged on investment property.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

31,405

Additions

4,548

Disposals

(250

)

At 31 March 2015

35,703

DEPRECIATION

At 1 April 2014

24,447

Charge for year

2,708

Eliminated on disposal

(104

)

At 31 March 2015

27,051

NET BOOK VALUE

At 31 March 2015

8,652

At 31 March 2014

6,958

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2014

5,268,289

Additions

534,299

Disposals

(248,021

)

At 31 March 2015

5,554,567

NET BOOK VALUE

At 31 March 2015

5,554,567

At 31 March 2014

5,268,289

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

2

Ordinary

£1

2

5.	TRANSACTIONS WITH DIRECTORS

Included in turnover for the period is £4,700 (2014: £4,875) in respect of services provided to JP Kelly and Mrs LF Kelly .

Included in administrative expenses for the period is £12,781 (2014:£11,282) in respect of rent and serviced office facilities provided by JP Kelly and Mrs LF Kelly.

The above transactions took place on normal commercial terms.

Rockridge Properties Limited - Limited company - abbreviated - 11.9

Rockridge Properties Limited - Limited company - abbreviated - 11.9