Real Educational Research Investments Limited - Period Ending 2016-03-31

Registration number: 05094686

Real Educational Research Investments Limited

Unaudited Abbreviated Accounts
 
for the Year Ended 31 March 2016

Landmark Accountants Limited
Chartered Accountants
Hamilton House
25 High Street
Rickmansworth
Hertfordshire
WD3 1ET

Real Educational Research Investments Limited

Contents

Abbreviated Balance Sheet	1
Notes to the Abbreviated Accounts	2 to 3

Real Educational Research Investments Limited

(Registration number: 05094686)
Abbreviated Balance Sheet as at 31 March 2016

	Note	2016  £		2015  £
Fixed assets
Tangible assets	2		464,822		465,163
Current assets
Debtors		540		-
Cash at bank and in hand		4,111		890
		4,651		890
Creditors: Amounts falling due within one year		(392,626)		(388,039)
Net current liabilities			(387,975)		(387,149)
Net assets			76,847		78,014
Capital and reserves
Called up share capital	3	1		1
Profit and loss account		76,846		78,013
Shareholders funds			76,847		78,014

For the year ending 31 March 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 director on 2 December 2016

.........................................
Dr Caroline Hudson
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Real Educational Research Investments Limited

Notes to the Abbreviated Accounts

1

Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and Machinery	33% reducing balance

Investment properties

Certain of the company's properties are held for long-term investment. Investment properties are accounted for in accordance with the FRSSE, as follows: No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or deficit on revaluation is transferred to the revaluation reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. This treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Page 2

Real Educational Research Investments Limited

Notes to the Abbreviated Accounts

2

Fixed assets

	Tangible assets £	Total £
Cost
At 1 April 2015	469,136	469,136
At 31 March 2016	469,136	469,136
Depreciation
At 1 April 2015	3,973	3,973
Charge for the year	341	341
At 31 March 2016	4,314	4,314
Net book value
At 31 March 2016	464,822	464,822
At 31 March 2015	465,163	465,163

3

Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary Share of £1 each	1	1	1	1

4

Control

The director is the controlling party by virtue of her controlling shareholding in the company.

Page 3