Seavine Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03089124 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

SEAVINE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M La Frenais

I Kitchen

N Morgan

R Guy

SECRETARY:

M La Frenais

REGISTERED OFFICE:

Langham House 302-308

Regent Street

London

W1B 3AT

REGISTERED NUMBER:

03089124 (England and Wales)

ACCOUNTANTS:

Barber & Company

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Investment property

2

780,000

CURRENT ASSETS

Debtors

1,866

Cash at bank and in hand

31,953

48,270

33,819

50,136

CREDITORS

Amounts falling due within one year

20,925

37,998

NET CURRENT ASSETS

12,894

12,138

TOTAL ASSETS LESS CURRENT
LIABILITIES

792,894

792,138

CREDITORS

Amounts falling due after more than one
year

3

231,512

240,493

NET ASSETS

561,382

551,645

CAPITAL AND RESERVES

Called up share capital

4

Revaluation reserve

65,620

Profit and loss account

495,758

486,021

SHAREHOLDERS' FUNDS

561,382

551,645

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 12 December 2016 and were signed on its behalf
by:

I Kitchen - 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 net rents receivable under operating leases,excluding value added tax.

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.

Deferred tax

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

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 September 2015

and 31 August 2016

780,000

NET BOOK VALUE

At 31 August 2016

780,000

At 31 August 2015

780,000

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.8.16

31.8.15

£

Repayable by instalments

198,544

207,525

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

4

Ordinary

£1

4