R E R Property & Investments Limited - Abbreviated accounts 16.3
R E R Property & Investments Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 11 JULY 2016 |
| FOR |
| R E R PROPERTY & INVESTMENTS LIMITED |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 11 JULY 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| R E R PROPERTY & INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 11 JULY 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| ABBREVIATED BALANCE SHEET |
| 11 JULY 2016 |
| 11.7.16 | 11.7.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Investments |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| 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. |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| ABBREVIATED BALANCE SHEET - continued |
| 11 JULY 2016 |
| The financial statements were approved by the Board of Directors on |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 11 JULY 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 rent receivable, gross commissions receivable and the profit from the purchase and sale of |
| investments.Consultancy fees are the amounts receivable in the year net of vat. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| No depreciation is provided in respect of freehold investment properties. This represents a departure from |
| statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors |
| consider that the policy is necessary in order that the financial statements may give a true and fair view, because |
| current values and changes in current values are of prime importance rather than the calculation of systematic |
| annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which |
| might otherwise have been shown cannot be separately indentified 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| Investments |
| Investments are held at cost. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 12 July 2015 |
| Revaluations |
| At 11 July 2016 |
| DEPRECIATION |
| At 12 July 2015 |
| Charge for year |
| At 11 July 2016 |
| NET BOOK VALUE |
| At 11 July 2016 |
| At 11 July 2015 |
| R E R PROPERTY & INVESTMENTS LIMITED (REGISTERED NUMBER: 04140922) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 11 JULY 2016 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 11.7.16 | 11.7.15 |
| £ | £ |
| Repayable by instalments | 38,504 | 48,680 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 11.7.16 | 11.7.15 |
| value: | £ | £ |
| Ordinary | £1 |