Havenford UK Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03931234 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

HAVENFORD UK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M R Conrathe

Mrs J R Conrathe

SECRETARY:

Mrs J R Conrathe

REGISTERED OFFICE:

Woodlands

Calthorpe Street

Ingham

Norwich

NR12 9TF

REGISTERED NUMBER:

03931234 (England and Wales)

ACCOUNTANTS:

Skingle Helps & Co

28 Southway

Carshalton Beeches

Surrey

SM5 4HW

FIXED ASSETS

Investment property

2

350,000

CURRENT ASSETS

Debtors

47

45

Cash at bank and in hand

11,821

1,597

11,868

1,642

CREDITORS

Amounts falling due within one year

3

76,379

23,331

NET CURRENT LIABILITIES

(64,511

)

(21,689

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

285,489

328,311

CREDITORS

Amounts falling due after more than one
year

3

-

57,538

NET ASSETS

285,489

270,773

CAPITAL AND RESERVES

Called up share capital

4

100

Revaluation reserve

175,139

Profit and loss account

110,250

95,534

SHAREHOLDERS' FUNDS

285,489

270,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 22 November 2016 and were signed on its behalf
by:

M R Conrathe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents rental income receivable during the year from the company's investment properties.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

No depreciation is provided for in respect of investment properties in accordance with the Financial Reporting

Standard for Smaller Entities (effective January 2015). Such properties are held for their investment potential

and not for consumption within the business. This is a departure from the Companies Act 2006 which requires all

properties to be depreciated and the directors consider that to depreciate them would not enable the financial

statements to give a true and fair view. Investment properties are stated at their market value at the balance

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 May 2015

and 30 April 2016

350,000

NET BOOK VALUE

At 30 April 2016

350,000

At 30 April 2015

350,000

3.

CREDITORS

Creditors include an amount of £ 12,094 (2015 - £ 28,892 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

51

"A" Ordinary

£1

51

49

"B" Ordinary

£1

49

100