Abbreviated Company Accounts - RAYNERS PROPERTIES LIMITED

RAYNERS PROPERTIES LIMITED - Company Information

03779124 RAYNERS PROPERTIES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03779124 2015-04-01 2016-03-31 03779124 2016-03-31 03779124 2015-03-31 03779124 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03779124 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03779124

RAYNERS PROPERTIES LIMITED

Abbreviated Accounts

31 March 2016

RAYNERS PROPERTIES LIMITED Registered Number 03779124

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	142	167
Investments	3	101,245	101,245
		101,387	101,412
Current assets
Debtors		9,091	4,470
Cash at bank and in hand		19,149	38,822
		28,240	43,292
Creditors: amounts falling due within one year		(15,429)	(36,476)
Net current assets (liabilities)		12,811	6,816
Total assets less current liabilities		114,198	108,228
Total net assets (liabilities)		114,198	108,228
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		114,196	108,226
Shareholders' funds		114,198	108,228

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 Board on 2 November 2016

And signed on their behalf by:
H Lukman, Director

RAYNERS PROPERTIES LIMITED Registered Number 03779124

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

1Accounting Policies

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

Tangible assets depreciation policy
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:

Fixtures and fittings 15% reducing balance basis

Other accounting policies
Investment properties
The investment properties are stated at the market value. Any surplus is credited to the Revaluation Reserve account. Any deficit is first debited to the Revaluation Reserve account. If there is no balance left in the Revaluation Reserve account, the unrelieved balance is debited to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,339
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,339
Depreciation
At 1 April 2015	1,172
Charge for the year	25
On disposals	-
At 31 March 2016	1,197
Net book values
At 31 March 2016	142
At 31 March 2015	167

3Fixed assets Investments
The investment properties are stated at the directors' valuation. The directors' valuation is based on the open market value.

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2