| R & J L Investments Ltd |
| Registered number: |
05813054 |
| Abbreviated Balance Sheet |
| as at 31 May 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
- |
|
|
485 |
| Investments |
3 |
|
|
183,874 |
|
|
183,874 |
|
|
|
|
183,874 |
|
|
184,359 |
|
| Current assets |
| Cash at bank and in hand |
|
|
1,107 |
|
|
5,981 |
|
| Creditors: amounts falling due within one year |
|
|
(15,347) |
|
|
(18,899) |
|
| Net current liabilities |
|
|
|
(14,240) |
|
|
(12,918) |
|
| Total assets less current liabilities |
|
|
|
169,634 |
|
|
171,441 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(151,006) |
|
|
(151,006) |
|
|
|
| Net assets |
|
|
|
18,628 |
|
|
20,435 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
18,626 |
|
|
20,433 |
|
| Shareholders' funds |
|
|
|
18,628 |
|
|
20,435 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J Liondaris |
| Director |
| Approved by the board on 5 September 2016 |
|
| R & J L Investments Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 gross rents receivable from investment properties held by the company. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
|
Furnishings & office equipment |
25% straight line |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
6,155 |
|
At 31 May 2016 |
6,155 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
5,670 |
|
Charge for the year |
485 |
|
At 31 May 2016 |
6,155 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
- |
|
At 31 May 2015 |
485 |
|
|
|
|
|
|
|
|
| 3 |
Investments |
£ |
|
|
Cost |
|
At 1 June 2015 |
183,874 |
|
|
At 31 May 2016 |
183,874 |
|
|
|
|
|
|
|
| 4 |
Loans |
2016 |
|
2015 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
151,006 |
|
151,006 |
|
Secured bank loans |
151,006 |
|
151,006 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
R Liondaris |
|
Directors current account |
(16,267) |
|
13,524 |
|
(10,000) |
|
(12,743) |
|
|
|
(16,267) |
|
13,524 |
|
(10,000) |
|
(12,743) |
|
|
|
|
|
|
|
|
|
