Ribbledale Estates Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07856616 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2014

for

Ribbledale Estates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R Carmichael

REGISTERED OFFICE:

PO Box 82

Appletree House

Liverpool

L19 0WD

REGISTERED NUMBER:

07856616 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

2

775,000

700,000

CURRENT ASSETS

Debtors

8,921

1,668

Cash at bank

9

45

8,930

1,713

CREDITORS

Amounts falling due within one year

3

15,369

25,686

NET CURRENT LIABILITIES

(6,439

)

(23,973

)

TOTAL ASSETS LESS CURRENT LIABILITIES

768,561

676,027

CREDITORS

Amounts falling due after more than one year

3

437,585

452,535

NET ASSETS

330,976

223,492

CAPITAL AND RESERVES

Called up share capital

4

100

100

Revaluation reserve

374,795

299,795

Profit and loss account

(43,919

)

(76,403

)

SHAREHOLDERS' FUNDS

330,976

223,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 15 September 2014 and were signed by:

R Carmichael - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents rents received.

Tangible fixed assets

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

Land and buildings

-

No depreciation charged

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 May 2013

700,000

Revaluations

75,000

At 30 April 2014

775,000

NET BOOK VALUE

At 30 April 2014

775,000

At 30 April 2013

700,000

3.

CREDITORS

Creditors include an amount of £ 452,585 (30.4.13 - £ 467,535 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

100

Ordinary

£1

100

100

5.	RELATED PARTY DISCLOSURES

R Carmichael is also a director of Appletree Estates Holdings Limited. Included in other debtors as at 30th April

2014 is £7,971 (2013 £10,686 was included in creditors) owing from Appletree Estates Holdings Limited.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Carmichael.