Ria Homes Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06002960 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2016

for

Ria Homes Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A M Georgiou

REGISTERED OFFICE:

93 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

REGISTERED NUMBER:

06002960 (England and Wales)

ACCOUNTANTS:

Acuity Professional (Sellens French) LLP

91-97 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

FIXED ASSETS

Tangible assets

2

5,299,120

4,610,106

CURRENT ASSETS

Debtors

69,905

22,306

Cash at bank

2,574

12,824

72,479

35,130

CREDITORS

Amounts falling due within one year

213,046

87,777

NET CURRENT LIABILITIES

(140,567

)

(52,647

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,158,553

4,557,459

CREDITORS

Amounts falling due after more than one
year

3,352,576

3,263,649

NET ASSETS

1,805,977

1,293,810

CAPITAL AND RESERVES

Called up share capital

3

100

Special reserve

1,283,666

852,977

Profit and loss account

522,211

440,733

SHAREHOLDERS' FUNDS

1,805,977

1,293,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 August 2017 and were signed by:

Mr A Georgiou - Director

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 net invoiced sales of services, 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.

Plant and machinery

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

Cost or valuation

At 1 December 2015

4,611,019

Additions

344,040

Disposals

(115,000

)

Revaluations

460,000

At 30 November 2016

5,300,059

Depreciation

At 1 December 2015

913

Charge for year

26

At 30 November 2016

939

Net book value

At 30 November 2016

5,299,120

At 30 November 2015

4,610,106

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

50

Ordinary

£1

50

25

Ordinary A

£1

25

Ordinary B

£1

25

100