Hometrust (RTB) Limited,Ltd - Accounts

HOMETRUST (RTB) LIMITED - Company Information

Print Friendly Version

Hometrust (RTB) Limited

For the year ended 31 March 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 02140621

Contents Page

Hometrust (RTB) Limited

For the year ended 31 March 2016

Balance Sheet

2 to 3

Notes to the Abbreviated Financial Statements

Abbreviated Balance Sheet

Hometrust (RTB) Limited

As at 31 March 2016

02140621

Registered Number :

2016

Notes

2015

Fixed assets

Tangible assets

13,937

240,000

13,937

240,000

Current assets

Debtors

143,590

Cash at bank and in hand

152,490

28,809

296,080

28,809

Creditors: amounts falling due within one year

(92,234)

(7,636)

(63,425)

288,444

Net current assets

Total assets less current liabilities

302,381

176,575

302,381

Net assets

176,575

Capital and reserves

Called up share capital

12,604

Revaluation reserve

185,938

Profit and loss account

289,777

(21,967)

302,381

176,575

Shareholders funds

For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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.

Date approved by the board: 14 September 2016

Mrs A Oldfield Director

Signed on behalf of the board of directors

1 of 3

Notes to the Abbreviated Financial Statements

Hometrust (RTB) Limited

For the year ended 31 March 2016

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost.

Investment properties

Investment properties are included in the balance sheet at cost.

2 of 3

Notes to the Abbreviated Financial Statements

Hometrust (RTB) Limited

For the year ended 31 March 2016

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

240,000

At 01 April 2015

Revaluations

(185,938)

(40,125)

Disposals

At 31 March 2016

13,937

Net book values

At 31 March 2016

13,937

240,000

At 31 March 2015

3 Share capital

Allotted called up and fully paid

2016

2015

12,504 Ordinary shares of £1.00 each

12,504

100 A Ordinary shares of £1.00 each

100

12,604

3 of 3