Abbreviated Company Accounts - R & J SYNDICATE GROUP (GLASGOW) LIMITED (THE)

R & J SYNDICATE GROUP (GLASGOW) LIMITED (THE) - Company Information

Registered Number SC034890

R & J SYNDICATE GROUP (GLASGOW) LIMITED (THE)

Abbreviated Accounts

31 January 2016

R & J SYNDICATE GROUP (GLASGOW) LIMITED (THE) Registered Number SC034890

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,329,000	1,329,000
		1,329,000	1,329,000
Current assets
Debtors		3,774	604
Cash at bank and in hand		30,776	64,590
		34,550	65,194
Creditors: amounts falling due within one year		(3,898)	(10,214)
Net current assets (liabilities)		30,652	54,980
Total assets less current liabilities		1,359,652	1,383,980
Total net assets (liabilities)		1,359,652	1,383,980
Capital and reserves
Called up share capital		10,000	10,000
Revaluation reserve		1,290,456	1,290,456
Profit and loss account		59,196	83,524
Shareholders' funds		1,359,652	1,383,980

For the year ending 31 January 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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.

Approved by the Board on 26 October 2016

And signed on their behalf by:
Helene Holden, Director

R & J SYNDICATE GROUP (GLASGOW) LIMITED (THE) Registered Number SC034890

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention modified to include the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the amount derived from property rental.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

Land and buildings - No depreciation
No depreciation has been made in respect of the land and buildings. The company's properties were revalued by William McVicar, Glasgow on 31 July 2014.

2Tangible fixed assets

	£
Cost
At 1 February 2015	1,329,970
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	1,329,970
Depreciation
At 1 February 2015	970
Charge for the year	-
On disposals	-
At 31 January 2016	970
Net book values
At 31 January 2016	1,329,000
At 31 January 2015	1,329,000