T M Property Investments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09645318 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

T M PROPERTY INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R H Moore

S C Tsolakis

SECRETARY:

R H Moore

REGISTERED OFFICE:

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

REGISTERED NUMBER:

09645318 (England and Wales)

ACCOUNTANTS:

Cardens Accountants LLP

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

FIXED ASSETS

Investment property

2

320,772

CURRENT ASSETS

Debtors

553

Cash at bank

3,097

3,650

CREDITORS

Amounts falling due within one year

119,128

NET CURRENT LIABILITIES

(115,478

)

TOTAL ASSETS LESS CURRENT LIABILITIES

205,294

CREDITORS

Amounts falling due after more than one year

3

210,000

NET LIABILITIES

(4,706

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(4,708

)

SHAREHOLDERS' FUNDS

(4,706

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 16 March 2017 and were signed on its behalf by:

R H Moore - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared on the basis that the company will continue to be a going

concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the

value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify

fixed assets and long term liabilities as current assets and liabilities.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

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.

2.	INVESTMENT PROPERTY

Total

£

COST

Additions

320,772

At 30 November 2016

320,772

NET BOOK VALUE

At 30 November 2016

320,772

3.

CREDITORS

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

£

Repayable otherwise than by instalments

210,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 November 2016:

£

S C Tsolakis

Balance outstanding at start of year

-

Amounts advanced

1

Amounts repaid

-

Balance outstanding at end of year

1

6.	ACCOUNTING BASIS FOR NON AUDIT