CENTREFIRST LIMITED - Abbreviated accounts 16.1

CENTREFIRST LIMITED - Abbreviated accounts 16.1

CENTREFIRST LIMITED - Company Information

Print Friendly Version

04860554 1.10.14 30.9.15 30.9.15 Company accounts Private Limited Company FY true false true false false true false Ordinary Share Capital 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure048605542014-09-30048605542015-09-30048605542014-10-012015-09-30048605542013-09-30048605542013-10-012014-09-30048605542014-09-3004860554ns12:England2014-10-012015-09-3004860554ns14:PoundSterling2014-10-012015-09-3004860554ns7:Director12014-10-012015-09-3004860554ns7:OrdinaryShareClass12014-10-012015-09-3004860554ns7:Director22014-10-012015-09-3004860554ns7:CompanySecretary2014-10-012015-09-3004860554ns7:RegisteredOffice2014-10-012015-09-3004860554ns7:EntityBankers2014-10-012015-09-3004860554ns5:InvestmentProperties2015-09-3004860554ns5:InvestmentProperties2014-09-3004860554ns5:InvestmentProperties2014-09-3004860554ns7:OrdinaryShareClass12015-09-3004860554ns7:OrdinaryShareClass12014-09-30
REGISTERED NUMBER: 04860554 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

CENTREFIRST LIMITED

CENTREFIRST LIMITED (REGISTERED NUMBER: 04860554)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

CENTREFIRST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2015







DIRECTORS: Rahim Virani
Karim Virani



SECRETARY: Paul Davis



REGISTERED OFFICE: Crown House
North Circular Road
London
NW10 7PN



REGISTERED NUMBER: 04860554 (England and Wales)



BANKERS: Punjab National Bank (International) Ltd
110 South Road
Southall
UB1 1RB
Page 1
CENTREFIRST LIMITED (REGISTERED NUMBER: 04860554)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible fixed assets -
Investment properties 2 450,000 450,000
450,000 450,000

CURRENT ASSETS
Debtors 6,667 2,415
Cash at bank 80,402 60,493
87,069 62,908
CREDITORS
Amounts falling due within one year 16,215 6,693
NET CURRENT ASSETS 70,854 56,215
TOTAL ASSETS LESS CURRENT
LIABILITIES
520,854
506,215

CREDITORS
Amounts falling due after more than one
year
134,062
134,062
NET ASSETS 386,792 372,153

CAPITAL AND RESERVES
Called up share capital 3 100 100
Revaluation reserve 217,368 217,368
Profit and loss account 169,324 154,685
SHAREHOLDERS' FUNDS 386,792 372,153

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 notes form part of these abbreviated accounts

Page 2 continued...
CENTREFIRST LIMITED (REGISTERED NUMBER: 04860554)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2015


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 24 June 2016 and were signed on its behalf by:





Rahim Virani - Director


The notes form part of these abbreviated accounts

Page 3
CENTREFIRST LIMITED (REGISTERED NUMBER: 04860554)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 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 April 2008).

Turnover
Turnover represents the total invoice value of gross rent receivable during the period.

Tangible fixed assets and depreciation
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only
on those investments properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities
(effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible
assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the
financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors
reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be
separately identified and quantified.

Deferred tax
Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the
extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise
in the foreseeable future.

2. TANGIBLE FIXED ASSETS -
INVESTMENT PROPERTIES
Total
£   
COST
At 1 October 2014
and 30 September 2015 450,000
NET BOOK VALUE
At 30 September 2015 450,000
At 30 September 2014 450,000

3. CALLED UP SHARE CAPITAL

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

Page 4