RMF Properties Limited - Abbreviated accounts 16.3
RMF Properties Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2016 |
| FOR |
| R.M.F. PROPERTIES LIMITED |
| R.M.F. PROPERTIES LIMITED (REGISTERED NUMBER: 04354395) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 30 June 2016 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 3 |
| R.M.F. PROPERTIES LIMITED (REGISTERED NUMBER: 04354395) |
| ABBREVIATED BALANCE SHEET |
| 30 June 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment properties | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Share premium |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| R.M.F. PROPERTIES LIMITED (REGISTERED NUMBER: 04354395) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 June 2016 |
| The financial statements were approved by the Board of Directors on |
| R.M.F. PROPERTIES LIMITED (REGISTERED NUMBER: 04354395) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 30 June 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared in accordance with applicable accounting standards. The principal accounting |
| policies adopted in the preparation of the financial statements are set out below and have remained unchanged |
| from the previous year. |
| 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 comprises the value of sales (net of value added tax) of services provided in the normal course of |
| business. |
| Tangible fixed assets |
| Office equipment | - |
| Investment properties |
| 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. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2015 |
| Additions |
| Disposals | ( |
) |
| At 30 June 2016 |
| DEPRECIATION |
| At 1 July 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| R.M.F. PROPERTIES LIMITED (REGISTERED NUMBER: 04354395) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 30 June 2016 |
| 3. | INVESTMENT PROPERTIES |
| Total |
| £ |
| COST OR VALUATION |
| At 1 July 2015 |
| Additions |
| Disposals | ( |
) |
| Revaluations |
| At 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| "A" Ordinary | £1 |
| "B" Ordinary | £1 |
| (2015 - |
| "C" Ordinary | £1 |
| (2015 - |
| Ordinary D | £1 |
| 9,000 | 9,000 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 June 2016 and |
| 30 June 2015: |
| 2016 | 2015 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |