Polidor Investments Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04225030 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

POLIDOR INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A Mustafa

REGISTERED OFFICE:

39 Hendon Lane

Finchley Central

London

N3 1RY

REGISTERED NUMBER:

04225030 (England and Wales)

FIXED ASSETS

Investment property

2

456,250

CURRENT ASSETS

Debtors

1,055

-

Cash at bank

231,519

1,109

232,574

1,109

CREDITORS

Amounts falling due within one year

3

38,291

23,501

NET CURRENT ASSETS/(LIABILITIES)

194,283

(22,392

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

650,533

433,858

CREDITORS

Amounts falling due after more than one year

3

388,825

166,274

NET ASSETS

261,708

267,584

CAPITAL AND RESERVES

Called up share capital

4

1,000

Revaluation reserve

260,933

Profit and loss account

(225

)

5,651

SHAREHOLDERS' FUNDS

261,708

267,584

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 28 February 2017 and were signed by:

Mr A Mustafa - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, 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 June 2015

and 31 May 2016

456,250

NET BOOK VALUE

At 31 May 2016

456,250

At 31 May 2015

456,250

3.

CREDITORS

Creditors include an amount of £ 248,018 (2015 - £ 172,274 ) for which security has been given.

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

2016

2015

£

Repayable by instalments

218,238

136,274

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

£1

1,000