Abbreviated Company Accounts - RTA PROPERTIES LIMITED

RTAL DEALERS LIMITED - Company Information

Registered Number 03103760

RTA PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

RTA PROPERTIES LIMITED Registered Number 03103760

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	418	558
Investments	3	100	100
		518	658
Current assets
Investments		264,854	2,199,573
Cash at bank and in hand		2,579,214	539,420
		2,844,068	2,738,993
Net current assets (liabilities)		2,844,068	2,738,993
Total assets less current liabilities		2,844,586	2,739,651
Creditors: amounts falling due after more than one year		(1,556,813)	(1,552,237)
Total net assets (liabilities)		1,287,773	1,187,414
Capital and reserves
Called up share capital		100	100
Profit and loss account		1,287,673	1,187,314
Shareholders' funds		1,287,773	1,187,414

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 August 2014

And signed on their behalf by:
Mr. G. S. Mond, Director

RTA PROPERTIES LIMITED Registered Number 03103760

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the net income received from dealing in Bonds, Stock options and shares.

Tangible assets depreciation policy
Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives.
Plant and machinery at 25% p.a. (reducing balance basis)

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition off gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2013	744
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	744
Depreciation
At 1 April 2013	186
Charge for the year	140
On disposals	-
At 31 March 2014	326
Net book values
At 31 March 2014	418
At 31 March 2013	558

3Fixed assets Investments
Investments in subsidiary undertakings