London Real Estates Ltd - Abbreviated accounts 16.1

London Real Estates Ltd - Abbreviated accounts 16.1

LONDON REAL ESTATES LIMITED - Company Information

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REGISTERED NUMBER: 03845037 (England and Wales)


















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

LONDON REAL ESTATES LTD

LONDON REAL ESTATES LTD (REGISTERED NUMBER: 03845037)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

LONDON REAL ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







DIRECTOR: R Russo





SECRETARY: Mrs C Russo





REGISTERED OFFICE: 27 Manor Park Crescent
Edgware
Middlesex
HA8 7NH





REGISTERED NUMBER: 03845037 (England and Wales)





ACCOUNTANTS: Lustigman & Company
Chartered Accountants
Manor House
27 Manor Park Crescent
Edgware
Middlesex
HA8 7NH
Page 1
LONDON REAL ESTATES LTD (REGISTERED NUMBER: 03845037)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 501,130 501,831

CURRENT ASSETS
Cash at bank and in hand 67,691 55,151

CREDITORS
Amounts falling due within one year 132,403 96,804
NET CURRENT LIABILITIES (64,712 ) (41,653 )
TOTAL ASSETS LESS CURRENT LIABILITIES 436,418 460,178

CREDITORS
Amounts falling due after more than
one year
371,710
396,827
NET ASSETS 64,708 63,351

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 64,608 63,251
SHAREHOLDERS' FUNDS 64,708 63,351

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 8 June 2016 and were signed by:





R Russo - Director


The notes form part of these abbreviated accounts

Page 2
LONDON REAL ESTATES LTD (REGISTERED NUMBER: 03845037)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

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.

Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance

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 January 2015 516,576
Additions 2,171
At 31 December 2015 518,747
DEPRECIATION
At 1 January 2015 14,745
Charge for year 2,872
At 31 December 2015 17,617
NET BOOK VALUE
At 31 December 2015 501,130
At 31 December 2014 501,831

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary 1 100 100

Page 3