Sisu Heron House Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09060791 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 29 MAY 2014 TO 30 JUNE 2015

FOR

SISU HERON HOUSE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr V M Poikonen

Mrs Y L Y Mak

Mr M T A Littlewood

SECRETARY:

REGISTERED OFFICE:

27 Throgmorton Street

Fourth Floor

London

EC2N 2AQ

REGISTERED NUMBER:

09060791 (England and Wales)

FIXED ASSETS

Tangible assets

2

465,013

Investment property

3

1,638,749

2,103,762

CURRENT ASSETS

Debtors

80,707

Cash at bank

56,508

137,215

CREDITORS

Amounts falling due within one year

77,341

NET CURRENT ASSETS

59,874

TOTAL ASSETS LESS CURRENT LIABILITIES

2,163,636

CREDITORS

Amounts falling due after more than one year

1,671,085

NET ASSETS

492,551

CAPITAL AND RESERVES

Called up share capital

4

655,000

Profit and loss account

(162,449

)

SHAREHOLDERS' FUNDS

492,551

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 directors acknowledge their 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 Board of Directors on 19 May 2016 and were signed on its behalf by:

Mr V M Poikonen - 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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

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.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

634,315

At 30 June 2015

634,315

DEPRECIATION

Charge for period

169,302

At 30 June 2015

169,302

NET BOOK VALUE

At 30 June 2015

465,013

3.	INVESTMENT PROPERTY

Total

£

COST

Additions

1,638,749

At 30 June 2015

1,638,749

NET BOOK VALUE

At 30 June 2015

1,638,749

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

204,360

Ordinary

£1

204,360

450,640

B Ordinary

£1

450,640

655,000

The following shares were issued during the period for cash at par :

204,360 Ordinary shares of £1

450,640 B Ordinary shares of £1