Rathdown Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04929175 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Rathdown Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J D Clay

SECRETARY:

Mrs P L Clay

REGISTERED OFFICE:

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

REGISTERED NUMBER:

04929175 (England and Wales)

ACCOUNTANTS:

Harris & Co. Chartered Accountants

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

2

237,387

237,429

CURRENT ASSETS

Cash at bank

348

598

CREDITORS

Amounts falling due within one year

5,319

3,662

NET CURRENT LIABILITIES

(4,971

)

(3,064

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

232,416

234,365

CREDITORS

Amounts falling due after more than one
year

3

199,392

199,404

NET ASSETS

33,024

34,961

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

32,924

34,861

SHAREHOLDERS' FUNDS

33,024

34,961

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 30 September 2016 and were signed by:

Mr J D Clay - 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 amounts earned on goods and services provided during the year and derives from

the provision of goods and services falling within the company's ordinary activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 November 2014

and 31 October 2015

238,054

DEPRECIATION

At 1 November 2014

625

Charge for year

42

At 31 October 2015

667

NET BOOK VALUE

At 31 October 2015

237,387

At 31 October 2014

237,429

3.

CREDITORS

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

2015

2014

£

Repayable by instalments

199,392

199,404

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100