Adjust Properties Limited - Limited company - abbreviated

REGISTERED NUMBER: 09065524 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

2 JUNE 2014 TO 30 JUNE 2015

FOR

ADJUST PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D J Matthews

REGISTERED OFFICE:

50 Seymour Street

London

W1H 7JG

REGISTERED NUMBER:

09065524 (England and Wales)

ACCOUNTANTS:

Civvals Limited

50 Seymour Street

London

W1H 7JG

FIXED ASSETS

Investment property

2

523,348

CURRENT ASSETS

Debtors

1,000

Cash at bank

40,141

41,141

CREDITORS

Amounts falling due within one year

543,808

NET CURRENT LIABILITIES

(502,667

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,681

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

20,581

SHAREHOLDERS' FUNDS

20,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 22 February 2016 and were signed by:

D J Matthews - 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.

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

Additions

523,348

At 30 June 2015

523,348

NET BOOK VALUE

At 30 June 2015

523,348

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

A Ordinary

£1

50

B Ordinary

£1

50

100

4.	RELATED PARTY DISCLOSURES

Included in creditors at 30 June 2015 are a loan of £267,477 from Dutch & Dutch (Commercial) Limited, a

company in which the director Mr D J Matthews is also a director and a loan of £125,000 received from Mr A W

Matthews who is the father of Mr D J Matthews.

5.

CONTROL

The company was controlled throughout the period by the director, Mr D J Matthews and his wife by virtue of

their 100% shareholding in the company.

Adjust Properties Limited - Limited company - abbreviated - 11.9

Adjust Properties Limited - Limited company - abbreviated - 11.9