R S Homes Kent Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05835579 (England and Wales)

R S HOMES KENT LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr R Cross

SECRETARY:

Mrs H A Cross

REGISTERED OFFICE:

Steinkerque

Manston Road

Margate

Kent

CT9 4LT

REGISTERED NUMBER:

05835579 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

2

392,306

CREDITORS

Amounts falling due within one year

399,806

400,292

NET CURRENT LIABILITIES

(399,806

)

(400,292

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,500

)

(7,986

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(7,501

)

(7,987

)

SHAREHOLDERS' FUNDS

(7,500

)

(7,986

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 26 April 2016 and were signed by:

Mr R Cross - 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 January 2015).

Tangible fixed assets

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

Freehold property

-

not provided

Long leasehold

-

not provided

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

At 1 August 2014

and 31 July 2015

392,306

NET BOOK VALUE

At 31 July 2015

392,306

At 31 July 2014

392,306

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the company was insolvent. The director Mr R Cross, is a significant creditor of the

company but has given an undertaking to support the company and to postpone repayment of the amount due to

him.