Dexter Estates Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08542845 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

DEXTER ESTATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Finsbury Corporate Services Limited

J D Hassan

SECRETARY:

Finsbury Secretaries Limited

REGISTERED OFFICE:

Harold Benjamin Solicitors

Hill House

67-71 Lowlands Road

Harrow

Middlesex

HA1 3EQ

REGISTERED NUMBER:

08542845 (England and Wales)

ACCOUNTANTS:

Annjer Consultancy Services Ltd

'Sinthu Priory'

31 New Street Hill

Bromley

Kent

BR1 5AX

FIXED ASSETS

Investment property

2

1,432,716

666,351

CURRENT ASSETS

Debtors

8,100

-

CREDITORS

Amounts falling due within one year

1,369,902

638,214

NET CURRENT LIABILITIES

(1,361,802

)

(638,214

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

70,914

28,137

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

70,913

28,136

SHAREHOLDERS' FUNDS

70,914

28,137

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 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 25 September 2016 and were signed on its behalf
by:

J D Hassan - 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 rent receivable, excluding value added tax.

Depreciation

In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or

amortisation is provided in respect of freehold investment properties nor on leasehold investment properties

having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act

2006, for all properties to be depreciated, is necessary, as the directors consider that this accounting policy

results in the financial statements giving true and fair view.

Investment properties

Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with

Financial Reporting Standard for Smaller Entities(effective April 2008), which requires such properties to be

stated at current market value.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2015

666,351

Additions

766,365

At 31 December 2015

1,432,716

NET BOOK VALUE

At 31 December 2015

1,432,716

At 31 December 2014

666,351

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

1

Ordinary

£1

1