Alan Robinson (Sussex) Limited - Abbreviated accounts 16.3
Alan Robinson (Sussex) Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 June 2016 |
| for |
| ALAN ROBINSON (SUSSEX) LIMITED |
| ALAN ROBINSON (SUSSEX) LIMITED (REGISTERED NUMBER: 09305498) |
| Contents of the Abbreviated Accounts |
| for the year ended 30 June 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| ALAN ROBINSON (SUSSEX) LIMITED |
| Company Information |
| for the year ended 30 June 2016 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| ALAN ROBINSON (SUSSEX) LIMITED (REGISTERED NUMBER: 09305498) |
| Abbreviated Balance Sheet |
| 30 June 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Investments | 2 |
| Investment property | 3 |
| Current assets |
| Debtors |
| Cash at bank |
| Creditors |
| Amounts falling due within one year |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 4 |
| Other reserves |
| 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. |
| The financial statements were approved by the Board of Directors on |
| ALAN ROBINSON (SUSSEX) LIMITED (REGISTERED NUMBER: 09305498) |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2016 |
| 1. | Accounting policies |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Alan Robinson (Sussex) Limited as an individual company |
| and do not contain consolidated financial information as the parent of a group. The company has taken the |
| option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents amounts receivable in respect of rents. |
| Investment property |
| Certain of the company's properties are held for long-term investment. Investment properties are accounted for |
| in accordance with the FRSSE, as follows: |
| No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or |
| deficit on revaluation is transferred to the revaluation reserve unless a deficit below original cost, or its reversal, |
| on an individual investment property is expected to be permanent, in which case it is recognised in the profit and |
| loss account for the year. |
| This treatment as regards the company's investment properties may be a departure from the requirements of the |
| Companies Act concerning the depreciation of fixed assets. However, these properties are not held for |
| consumption but for investment and the directors consider that systematic annual depreciation would be |
| inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true |
| and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the |
| amount which might otherwise have been shown cannot be separately identified or quantified. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Fixed asset investments |
| Fixed assets investments were acquired by the issue of the company's own shares. The investments are |
| included in the financial statements at fair value being the value of the subsidiary acquired. The fixed asset |
| investments are reviewed for impairment. |
| 2. | Fixed asset investments |
| Investments |
| other than |
| loans |
| £ |
| Cost |
| At 1 July 2015 | 1,570,000 |
| Impairments | (680,000 | ) |
| At 30 June 2016 | 890,000 |
| Net book value |
| At 30 June 2016 |
| At 30 June 2015 |
| ALAN ROBINSON (SUSSEX) LIMITED (REGISTERED NUMBER: 09305498) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30 June 2016 |
| 2. | Fixed asset investments - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 250,000 | 884,976 |
| Profit for the year/period | 22,559 | 703,406 |
| 3. | Investment property |
| Total |
| £ |
| Cost |
| At 1 July 2015 |
| Additions |
| 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: | £ | £ |
| Ordinary | £1 |
| 5. | Directors' advances, credits and guarantees |
| The following advances and credits to directors subsisted during the year ended 30 June 2016 and the period |
| ended 30 June 2015: |
| 2016 | 2015 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |