Abbreviated Company Accounts - RJK PROPERTIES LIMITED

RJK PROPERTIES LIMITED - Company Information

03823728 RJK PROPERTIES LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 03823728 2015-09-01 2016-08-31 03823728 2016-08-31 03823728 2015-08-31 03823728 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 03823728 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 03823728

RJK PROPERTIES LIMITED

Abbreviated Accounts

31 August 2016

RJK PROPERTIES LIMITED Registered Number 03823728

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,175,046	2,099,854
		2,175,046	2,099,854
Current assets
Debtors		178,682	287,255
Cash at bank and in hand		38,340	28,827
		217,022	316,082
Creditors: amounts falling due within one year	3	(216,932)	(219,014)
Net current assets (liabilities)		90	97,068
Total assets less current liabilities		2,175,136	2,196,922
Creditors: amounts falling due after more than one year	3	(1,054,880)	(1,123,600)
Total net assets (liabilities)		1,120,256	1,073,322
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		864,766	883,565
Profit and loss account		255,390	189,657
Shareholders' funds		1,120,256	1,073,322

For the year ending 31 August 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 20 April 2017

And signed on their behalf by:
J L WILSON, Director

RJK PROPERTIES LIMITED Registered Number 03823728

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention modified to include the revaluation of certain fixed assets and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

Land and Buildings - Straight line over 50 years
Plant and machinery - 10% Reducing balance
Fixtures, fittings and equipment - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2015	2,650,958
Additions	143,474
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	2,794,432
Depreciation
At 1 September 2015	551,104
Charge for the year	68,282
On disposals	-
At 31 August 2016	619,386
Net book values
At 31 August 2016	2,175,046
At 31 August 2015	2,099,854

3Creditors

	2016 £	2015 £
Secured Debts	805,929	805,929

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100