Charlbury Investments Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02783150

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

FOR

CHARLBURY INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D G Taylor Rea

REGISTERED OFFICE:

10 John Street

London

WC1N 2EB

REGISTERED NUMBER:

02783150

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

2

1,120,133

1,370,133

CURRENT ASSETS

Debtors

62,686

48,842

Cash at bank

280,293

73,401

342,979

122,243

CREDITORS

Amounts falling due within one year

2,690,125

2,661,602

NET CURRENT LIABILITIES

(2,347,146

)

(2,539,359

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,227,013

)

(1,169,226

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Revaluation reserve

19,079

19,079

Profit and loss account

(1,246,192

)

(1,188,405

)

SHAREHOLDERS' FUNDS

(1,227,013

)

(1,169,226

)

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

The members have not required the company to obtain an audit of its financial statements for the year 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 21 March 2016 and were signed by:

D G Taylor Rea - Director

1.	ACCOUNTING POLICIES

Going concern

The accounts are prepared on the basis of a going concern as the company receives financial support from its parent

undertaking, as necessary, and from which financial support has been confirmed for a period of at least 12 months

from the date of approval of the accounts.

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 rent receivable on the investment properties, the disposal proceeds of listed investments and

dividends receivable on listed investments.

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

-

Straight line over 4 years

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for one of its directors. The assets of the scheme are

held separately from those of the company. The annual contributions payable aer charged to the profit and loss

account.

Investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Investment properties

Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation

if transfered to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment

property is expected to be permanent, in which case it is recognised in profit and loss account for the year.

This is in accordance with SSAP 19 which, unlike Schedule 4 of the Companies Act 2006, does not require the

depreciation of investment properties. Investment properties are held for their investment potential and not for use by

the company and so their current value is of prime importance. The departure from the provisions of the Act is

required in order to give a true and fair view.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

1,378,188

Disposals

(250,000

)

At 30 June 2015

1,128,188

DEPRECIATION

At 1 July 2014

and 30 June 2015

8,055

NET BOOK VALUE

At 30 June 2015

1,120,133

At 30 June 2014

1,370,133

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary Shares

£1

100

100

4.	ULTIMATE PARENT COMPANY