R. W. Corbett Investments Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06313981 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

R. W. Corbett Investments Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R Corbett

SECRETARY:

Mrs S Corbett

REGISTERED OFFICE:

65 Baring Road

London

SE12 0JS

REGISTERED NUMBER:

06313981 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Tangible assets

2

1,249,748

849,748

CURRENT ASSETS

Cash at bank

109,951

69,940

CREDITORS

Amounts falling due within one year

(414,704

)

(10,833

)

NET CURRENT (LIABILITIES)/ASSETS

(304,753

)

59,107

TOTAL ASSETS LESS CURRENT
LIABILITIES

944,995

908,855

CREDITORS

Amounts falling due after more than one year

(718,921

)

(733,188

)

NET ASSETS

226,074

175,667

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

225,074

174,667

SHAREHOLDERS' FUNDS

226,074

175,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 29 October 2016 and were signed by:

R Corbett - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

No depreciation is provided on either the freehold or leasehold properties.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date where transactions or events that result in an obligation to pay more, or a right to pay less, tax in the future

have occurred at the balance sheet date.

This is subject to deferred tax assets only being recognised if it is considered more likely than not that there will be

suitable profits from which the future reversal of the underlying timing differences can be deducted.

Timing differences are differences arising between the Company's taxable profits and its results as stated in the

financial statements, which are capable of reversal in one or more subsequent periods.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

849,748

Additions

400,000

At 31 March 2016

1,249,748

NET BOOK VALUE

At 31 March 2016

1,249,748

At 31 March 2015

849,748

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1,000

Ordinary

£1

1,000