Hope Investors Ltd - Abbreviated accounts 16.3

Hope Investors Ltd - Abbreviated accounts 16.3

HOPE INVESTORS LTD - Company Information

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REGISTERED NUMBER: 05514662 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

HOPE INVESTORS LTD

HOPE INVESTORS LTD (REGISTERED NUMBER: 05514662)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

HOPE INVESTORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2016







DIRECTORS: E Hopstein
Z L Horowitz





SECRETARY: Ms M G Hopstein





REGISTERED OFFICE: 9 Wargrave Avenue
Stamford Hill
London
N15 6UH





REGISTERED NUMBER: 05514662 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
Page 1
HOPE INVESTORS LTD (REGISTERED NUMBER: 05514662)

ABBREVIATED BALANCE SHEET
31 JULY 2016

31.7.16 31.7.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 930 1,094
Investment property 3 153,594 153,594
154,524 154,688

CURRENT ASSETS
Debtors 11,400 11,400
Cash at bank 4,370 2,429
15,770 13,829
CREDITORS
Amounts falling due within one year 25,635 27,488
NET CURRENT LIABILITIES (9,865 ) (13,659 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
144,659
141,029

CREDITORS
Amounts falling due after more than one
year
144,500
144,500
NET ASSETS/(LIABILITIES) 159 (3,471 )

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 158 (3,472 )
SHAREHOLDERS' FUNDS 159 (3,471 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 notes form part of these abbreviated accounts

Page 2 continued...
HOPE INVESTORS LTD (REGISTERED NUMBER: 05514662)

ABBREVIATED BALANCE SHEET - continued
31 JULY 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 Board of Directors on 26 April 2017 and were signed on its behalf by:




E Hopstein - Director



Z L Horowitz - Director


The notes form part of these abbreviated accounts

Page 3
HOPE INVESTORS LTD (REGISTERED NUMBER: 05514662)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 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).

Turnover
Turnover represents net rent receivable, excluding value added tax.

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 - 15% on reducing balance

Investment property depreciation
In accordance with Financial Reporting standard for Smaller Entities (effective January 2015), no depreciation or
amortisation is provided in respect of freehold investment properties nor on leasehold investment properties
having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act
2006, for all properties to be depreciated, is necessary, as the director considers that this accounting policy
results in the financial statements giving true and fair view.

Investment property
Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with
Financial Reporting Standard for Smaller Entities (effective January 2015), which requires such properties to be
stated at current market value.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2015
and 31 July 2016 4,696
DEPRECIATION
At 1 August 2015 3,602
Charge for year 164
At 31 July 2016 3,766
NET BOOK VALUE
At 31 July 2016 930
At 31 July 2015 1,094

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 August 2015
and 31 July 2016 153,594
NET BOOK VALUE
At 31 July 2016 153,594
At 31 July 2015 153,594

Page 4 continued...
HOPE INVESTORS LTD (REGISTERED NUMBER: 05514662)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JULY 2016

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.16 31.7.15
value: £    £   
1 Ordinary 1 1 1

Page 5