Cator Ryder Properties Limited
Cator Ryder Properties Limited
Registered number: 03926730
Abbreviated accounts
For The Year Ended 30 June 2016
Cator Ryder Properties Limited
Company No. 03926730
Abbreviated Balance Sheet
30 June 2016
Abbreviated Balance Sheet
| 2016 | 2015 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 2 |
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| Investments | 3 |
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| 508,221 | 508,221 | ||||
| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS |
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Cator Ryder Properties Limited
Company No. 03926730
Abbreviated Balance Sheet (continued)
30 June 2016
Directors' responsibilities:
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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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
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Cator Ryder Properties Limited
Notes to the Abbreviated Accounts
For The Year Ended 30 June 2016
Notes to the Abbreviated Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. As at 30 June 2016 the balance sheet showed an excess of liabilities over assets amounting to £253,187. It is therefore dependent on the support of the its directors and lenders who have indicated they will continue to support the company.
1.3.
Turnover
Turnover comprises the amounts received by the company from the rental of investment properties, net of Value Added Tax.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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1.5.
Investment properties
Investment properties are properties owned by the company which are held for rental income and for capital appreciation. Investment property is recognised at cost .
Depreciation is not provided in respect of investment properties including integral plant.
2.
Tangible Assets
| Total | |
|---|---|
| Cost | £ |
| As at |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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Cator Ryder Properties Limited
Notes to the Abbreviated Accounts (continued)
For The Year Ended 30 June 2016
3.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at |
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| As at |
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| Provision | |
| As at |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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The company owns 43.8% of Ryder Marketing Limited with the balance being owned by Mrs Ryder
4.
Creditors: Amounts Falling Due Within One Year
| 2016 | 2015 | ||
|---|---|---|---|
| £ | £ | ||
| Accruals and deferred income |
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| Directors' loan accounts | 418,480 | 439,100 | |
| Amounts owed to related parties |
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Cator Ryder Properties Limited
Notes to the Abbreviated Accounts (continued)
For The Year Ended 30 June 2016
6.
Transactions With and Loans to Directors
Included within Creditors are the following loans to directors:
| As at |
Amounts advanced | Amounts repaid | As at |
|
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Mr Eric Ryder | 439,100 | - | 20,620 | 418,480 |
The above loan is unsecured, interest free and repayable on demand.
7.
Ultimate Controlling Party
The company's ultimate controlling parties are Mr and Mrs Ryder by virtue of their ownership of 100% of the issued share capital in the company.
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