Abbreviated Company Accounts - INDUSTRIA ESTATES LIMITED

REDEMPTION ESTATES LTD - Company Information

SC237571 INDUSTRIA ESTATES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true SC237571 2015-04-01 2016-03-31 SC237571 2016-03-31 SC237571 2015-03-31 SC237571 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 SC237571 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number SC237571

INDUSTRIA ESTATES LIMITED

Abbreviated Accounts

31 March 2016

INDUSTRIA ESTATES LIMITED Registered Number SC237571

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		550,000	846,505
Debtors	2	29,668	589,622
Cash at bank and in hand		6	28
		579,674	1,436,155
Creditors: amounts falling due within one year		(2,003,257)	(2,081,595)
Net current assets (liabilities)		(1,423,583)	(645,440)
Total assets less current liabilities		(1,423,583)	(645,440)
Accruals and deferred income		0	(5,343)
Total net assets (liabilities)		(1,423,583)	(650,783)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(1,423,585)	(650,785)
Shareholders' funds		(1,423,583)	(650,783)

For the year ending 31 March 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 30 March 2017

And signed on their behalf by:
Mr J M B Clark, Director

INDUSTRIA ESTATES LIMITED Registered Number SC237571

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependant on sufficient and continuing financial support from its group undertakings, primarily Jirehouse, the ultimate parent entity. Jirehouse has confirmed that it is willing and able to provide this support for a period of at least 12 months from the date of signing these financial statements. If the company were unable to continue to trade adjustments would have to be made to reduce the value of assets to their realisable amount, to reclassify fixed assets as current assets,long-term liabilities as current liabilities, and to provide for any further liabilities that may arise.

2Debtors

Auditors restated the prior year

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2