SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd) - Abbreviated accounts

SSH INVESTMENTS LIMITED - Company Information

Registered number

07928628

SSH Investments Limited

(Formerly Sam Hawking Property Developments Ltd)

Unaudited Abbreviated Accounts

31 March 2016

SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd)

Report to the directors on the preparation of the unaudited abbreviated accounts of SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd) for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd) for the year ended 31 March 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd), as a body, in accordance with the terms of our engagement letter dated 23 October 2015. Our work has been undertaken solely to prepare for your approval the accounts of SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd) and state those matters that we have agreed to state to the Board of Directors of SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd), as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd) and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd) has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd). You consider that SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd) is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd). For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.

Robert Cole & Co
Chartered Certified Accountants
Office 2 Llynfi Enterprise Centre
Heol Ty Gwyn Industral Estate
Maesteg
CF34 0BQ

20 December 2016

SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd)
Registered number:		07928628
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Investments	2		775,081			118,220

Current assets
Debtors	3	1,404,500			740,000
Cash at bank and in hand		6,007			175,675
		1,410,507			915,675

Creditors: amounts falling due within one year		(414,542)			(363,451)

Net current assets			995,965			552,224

Total assets less current liabilities			1,771,046			670,444

Creditors: amounts falling due after more than one year			(1,770,000)			(670,000)



Net assets			1,046			444

Capital and reserves
Called up share capital	4		2			2
Profit and loss account			1,044			442

Shareholders' funds			1,046			444

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



S S Hawking
Director
Approved by the board on 20 December 2016

SSH Investments Limited (Formerly Sam Hawking Property Developments Ltd)
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value of interest, rent, commissions and sales of investments held.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Investment properties
	Investment properties are revalued annually at their open market value. The surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit reduces the property below its historical cost, in which case it is taken to the profit and loss account. In accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) no depreciation is provided in respect of freehold properties held as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The directors consider that this policy results in the financial statements giving a true and fair view.


2	Investments					£

	Cost
	At 1 April 2015					118,220
	Additions					656,861

	At 31 March 2016					775,081

3	Debtors					2016		2015
£							£
	Debtors include:

	Amounts due after more than one year					895,000		340,000


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2