Shepherd Investments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06722857 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Shepherd Investments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D G Shepherd

J G Shepherd

J W G Shepherd

R A J Shepherd

REGISTERED OFFICE:

68 Clarkehouse Road

Sheffield

South Yorkshire

S10 2LJ

REGISTERED NUMBER:

06722857 (England and Wales)

FIXED ASSETS

Investment property

2

4,794,636

3,990,421

CURRENT ASSETS

Debtors

48,000

Cash at bank

740,151

1,271,735

788,151

1,319,735

CREDITORS

Amounts falling due within one year

3,745,768

3,716,133

NET CURRENT LIABILITIES

(2,957,617

)

(2,396,398

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,837,019

1,594,023

CAPITAL AND RESERVES

Called up share capital

3

200,000

Profit and loss account

1,637,019

1,394,023

SHAREHOLDERS' FUNDS

1,837,019

1,594,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 31 March 2017 and were signed on its behalf by:

J G Shepherd - Director

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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

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

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 November 2015

3,990,421

Additions

804,215

At 31 October 2016

4,794,636

NET BOOK VALUE

At 31 October 2016

4,794,636

At 31 October 2015

3,990,421

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

200,000

Ordinary

£1

200,000