Rathbone Investments Limited - Abbreviated accounts 16.3

Rathbone Investments Limited - Abbreviated accounts 16.3

RATHBONE INVESTMENTS LIMITED - Company Information

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REGISTERED NUMBER: 08556999 (England and Wales)







ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

RATHBONE INVESTMENTS LIMITED

RATHBONE INVESTMENTS LIMITED (REGISTERED NUMBER: 08556999)

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 4

RATHBONE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2016







DIRECTOR: Mr C R Patel





REGISTERED OFFICE: 28 Rathbone Place
London
W1T 1JT





REGISTERED NUMBER: 08556999 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ
Page 1
RATHBONE INVESTMENTS LIMITED (REGISTERED NUMBER: 08556999)

ABBREVIATED BALANCE SHEET
30 JUNE 2016

30.6.16 30.6.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 3,203 -
Investment property 3 350,000 250,000
353,203 250,000

CURRENT ASSETS
Cash at bank and in hand 34,730 600

CREDITORS
Amounts falling due within one year 6,131 220,438
NET CURRENT ASSETS/(LIABILITIES) 28,599 (219,838 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
381,802
30,162

CREDITORS
Amounts falling due after more than one
year
4
267,750
-
NET ASSETS 114,052 30,162

CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 122,397 33,272
Profit and loss account (8,445 ) (3,210 )
SHAREHOLDERS' FUNDS 114,052 30,162

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 2 continued...
RATHBONE INVESTMENTS LIMITED (REGISTERED NUMBER: 08556999)

ABBREVIATED BALANCE SHEET - continued
30 JUNE 2016


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 director on 29 March 2017 and were signed by:





Mr C R Patel - Director


The notes form part of these abbreviated accounts

Page 3
RATHBONE INVESTMENTS LIMITED (REGISTERED NUMBER: 08556999)

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 as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January
2015).

Turnover
Turnover represents rents receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance

Investment property
The company's properties are held for long-term investment and are included in the Balance Sheet at their current
market values. The surplus or deficit on revaluation is transferred to the investment property revaluation reserve.
Depreciation is not provided on these investment properties.

This policy represents a departure form statutory accounting principles, which require depreciation to be
provided on all fixed assets. The director considers this policy is necessary in order for the accounts to give a
true and fair view as current values and changes in current values are of prime importance rather than the
calculation of systematic annual depreciation.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Revaluation of properties
Individual freehold and leasehold properties are revalued every year by the director except where a property has
been externally revalued within the last three years, with the surplus or deficit on book value being transferred to
the revaluation reserve, unless a deficit (or its reversal) is expected to be permanent, in which case it is charged
(or credited) to the profit and loss account. On the disposal of the revalued fixed asset, any related balance in the
revaluation reserve is also transferred to the profit and loss account as a movement on reserves.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 4,270
At 30 June 2016 4,270
DEPRECIATION
Charge for year 1,067
At 30 June 2016 1,067
NET BOOK VALUE
At 30 June 2016 3,203

Page 4 continued...
RATHBONE INVESTMENTS LIMITED (REGISTERED NUMBER: 08556999)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2016


3. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 July 2015 250,000
Additions 10,875
Revaluations 89,125
At 30 June 2016 350,000
NET BOOK VALUE
At 30 June 2016 350,000
At 30 June 2015 250,000

4. CREDITORS

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

30.6.16 30.6.15
£    £   
Repayable by instalments 267,750 -

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.16 30.6.15
value: £    £   
100 Ordinary 1 100 100

Page 5