ZEUS ESTATES LIMITED - Limited company - abbreviated

REGISTERED NUMBER: 06454122 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

ZEUS ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr T Tsirtsipis

Mr K R Carr

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

06454122 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

2

6,738

Investment property

3

2,628,916

2,635,654

CURRENT ASSETS

Debtors

23,267

25,000

Cash at bank and in hand

4,402

4,004

27,669

29,004

CREDITORS

Amounts falling due within one year

32,410

40,986

NET CURRENT LIABILITIES

(4,741

)

(11,982

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,630,913

2,623,672

CREDITORS

Amounts falling due after more than one
year

4

2,376,216

2,438,782

NET ASSETS

254,697

184,890

CAPITAL AND RESERVES

Called up share capital

5

12

Profit and loss account

254,685

184,878

SHAREHOLDERS' FUNDS

254,697

184,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 17 January 2014 and were signed on its behalf by:

Mr T Tsirtsipis - 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 April 2008).

Turnover

Turnover represents rents receivable.

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

At 1 January 2013

and 31 December 2013

6,738

NET BOOK VALUE

At 31 December 2013

6,738

At 31 December 2012

6,738

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2013

and 31 December 2013

2,628,916

NET BOOK VALUE

At 31 December 2013

2,628,916

At 31 December 2012

2,628,916

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2013

2012

£

Repayable otherwise than by instalments

721,549

Repayable by instalments

1,654,667

1,717,233

2,376,216

2,438,782

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

12

Ordinary shares

£1

12

ZEUS ESTATES LIMITED - Limited company - abbreviated - 11.0.0

ZEUS ESTATES LIMITED - Limited company - abbreviated - 11.0.0