516 Romney House Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05744483

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

516 Romney House Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

IDS Gibson

SECRETARY:

Mrs J Gibson

REGISTERED OFFICE:

3 The Lee

Northwood

Middlesex

HA6 3HT

REGISTERED NUMBER:

05744483

ACCOUNTANT:

PR Hartley

PO Box 27075

London

N2 0FZ

FIXED ASSETS

Investment property

2

553,531

553,531

CURRENT ASSETS

Cash at bank

1,184

2,989

CREDITORS

Amounts falling due within one year

33,847

56,067

NET CURRENT LIABILITIES

(32,663

)

(53,078

)

TOTAL ASSETS LESS CURRENT LIABILITIES

520,868

500,453

CREDITORS

Amounts falling due after more than one year

3

463,325

463,325

NET ASSETS

57,543

37,128

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

57,542

37,127

SHAREHOLDERS' FUNDS

57,543

37,128

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 1 February 2016 and were signed by:

IDS Gibson - 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 received.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in market value is transferred to a revaluation reserve.

Deferred tax

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

the balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2015

and 31 December 2015

553,531

NET BOOK VALUE

At 31 December 2015

553,531

At 31 December 2014

553,531

3.

CREDITORS

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

2015

2014

£

£

Repayable otherwise than by instalments

463,325

463,325

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1