Ravencroft Properties Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05189887 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Ravencroft Properties Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr Shalim Uddin FCA JP

Mr Kabir Khan

REGISTERED OFFICE:

54 Grove Lane

Handsworth

Birmingham

West Midlands

B21 9EP

REGISTERED NUMBER:

05189887 (England and Wales)

ACCOUNTANTS:

SKN Services Ltd

Chartered Accountants

Skn Business Centre

1 Guildford Street

Birmingham

West Midlands

B19 2HN

FIXED ASSETS

Tangible assets

2

241,795

252,735

CURRENT ASSETS

Debtors

3

96,613

89,376

Cash at bank

2,448

256

99,061

89,632

CREDITORS

Amounts falling due within one year

14,246

2,964

NET CURRENT ASSETS

84,815

86,668

TOTAL ASSETS LESS CURRENT LIABILITIES

326,610

339,403

CREDITORS

Amounts falling due after more than one year

4

325,085

338,792

NET ASSETS

1,525

611

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

1,425

511

SHAREHOLDERS' FUNDS

1,525

611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 18 September 2014 and were signed on its behalf by:

Mr Shalim Uddin FCA JP - 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Fixtures and fittings

-

10% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

337,855

DEPRECIATION

At 1 January 2013

85,120

Charge for year

10,940

At 31 December 2013

96,060

NET BOOK VALUE

At 31 December 2013

241,795

At 31 December 2012

252,735

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 96,579 (31.12.12 - £ 89,279 )

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.13

31.12.12

£

£

Repayable by instalments

325,085

338,792

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

1

100

100

6.	RELATED PARTY DISCLOSURES

7.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr Shalim Uddin and Mr Kabir Khan throughout the current

and previous year.