| Relfwain Properties Limited |
| Registered number: |
01315994 |
| Abbreviated Balance Sheet |
| as at 7 July 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
180,000 |
|
|
180,000 |
|
| Current assets |
| Debtors |
|
|
54 |
|
|
- |
| Cash at bank and in hand |
|
|
6,263 |
|
|
1,632 |
|
|
|
6,317 |
|
|
1,632 |
|
| Creditors: amounts falling due within one year |
|
|
(5,484) |
|
|
(2,677) |
|
| Net current assets/(liabilities) |
|
|
|
833 |
|
|
(1,045) |
|
| Net assets |
|
|
|
180,833 |
|
|
178,955 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
4,420 |
|
|
4,420 |
| Revaluation reserve |
|
|
|
169,615 |
|
|
169,615 |
| Profit and loss account |
|
|
|
6,798 |
|
|
4,920 |
|
| Shareholders' funds |
|
|
|
180,833 |
|
|
178,955 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| P A Anderson |
| Director |
| Approved by the board on 31 October 2014 |
|
| Relfwain Properties Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 7 July 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover comprises rents receivable which derive wholly from the company's principal activity undertaken in the United Kingdom. |
|
|
Tangible fixed assets |
|
Freehold investment property is included in the financial statements at valuation. Depreciation is not provided on freehold investment properties as the directors consider that this accounting policy, which represents a departure from the statutory accounting rules, is necessary so as to provide a true and fair view. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 8 July 2013 |
180,000 |
|
At 7 July 2014 |
180,000 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 7 July 2014 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 7 July 2014 |
180,000 |
|
At 7 July 2013 |
180,000 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
4,420 |
|
4,420 |
|
4,420 |
|
|
|
|
|
|
|
|
|
