Accounts filed on 30-11-2016


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/11/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08280974


Registered Number: 08280974

BALANCE SHEET AT 30/11/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1,407,348		1,695,000

CURRENT ASSETS
Debtors (amounts falling due within one year)		21,270		32,544
Cash at bank and in hand		13,067		25,836
		34,337		58,380
CREDITORS: Amounts falling due within one year		617,155		998,993
NET CURRENT LIABILITIES			(582,818)		(940,613)
TOTAL ASSETS LESS CURRENT LIABILITIES			824,530		754,387


CREDITORS: Amounts falling due after more than one year	3		471,131		481,286

NET ASSETS			353,399		273,101

CAPITAL AND RESERVES

Called up share capital	4		100		100
Revaluation reserve	1f,5		186,977		214,766
Profit and loss account			166,322		58,235
SHAREHOLDERS' FUNDS			353,399		273,101

For the year ending 30/11/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 14/02/2017 and signed on their behalf by




Menachem Landau
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1f. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 5).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.




3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Bank loans and overdrafts	471,131	481,286
	471,131	481,286




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100