Moyo Estates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04263893 (England and Wales)

MOYO ESTATES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 25TH MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D.W. Green

E. Green

M S Green

SECRETARY:

D.W. Green

REGISTERED OFFICE:

39A Welbeck Street

London

W1G 8DH

REGISTERED NUMBER:

04263893 (England and Wales)

ACCOUNTANTS:

Sinclairs Bartrum Lerner

Chartered Accountants

39A Welbeck Street

London

W1G 8DH

FIXED ASSETS

Investments

2

100,000

CURRENT ASSETS

Cash at bank

458

524

CREDITORS

Amounts falling due within one year

74,970

75,036

NET CURRENT LIABILITIES

(74,512

)

(74,512

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,488

CAPITAL AND RESERVES

Called up share capital

3

2

Revaluation reserve

28,000

Profit and loss account

(2,514

)

(2,514

)

SHAREHOLDERS' FUNDS

25,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25th March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 25th March 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 15th December 2016 and were signed on its behalf
by:

D.W. Green - 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).

Deferred tax

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

sheet date.

Investment property

Investment properties are shown at their open market value. The surplus or deficit arising from the annual

revaluation is transferred to the investment revaluation reserve unless a deficit, 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 is in accordance with the FRSSE which, unlike The Small Companies and Groups (Accounts and Directors'

Report) Regulations 2008 of the Companies Act 2006, does not require depreciation of investment properties.

Investment properties are held for their investment potential and not for use by the company and so their current

value is of prime importance. The departure from the provisions of the Act is required in order to give a true and

fair view.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST OR VALUATION

At 26th March 2015

and 25th March 2016

100,000

NET BOOK VALUE

At 25th March 2016

100,000

At 25th March 2015

100,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	ULTIMATE PARENT COMPANY

The ultimate parent company is Scan Properties Limited, a company incorporated in England and Wales.