| Relabell Properties Limited |
| Registered number: |
| Abbreviated Balance Sheet |
| as at 31 August 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,625 |
|
|
2,167 |
|
| Current assets |
| Debtors |
|
|
24,917 |
|
|
36,269 |
| Cash at bank and in hand |
|
|
192 |
|
|
1,506 |
|
|
|
25,109 |
|
|
37,775 |
|
| Creditors: amounts falling due within one year |
|
|
(31,086) |
|
|
(77,710) |
|
| Net current liabilities |
|
|
|
(5,977) |
|
|
(39,935) |
|
| Net liabilities |
|
|
|
(4,352) |
|
|
(37,768) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(4,354) |
|
|
(37,770) |
|
| Shareholders' funds |
|
|
|
(4,352) |
|
|
(37,768) |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
| I Tarmohamad |
| Director |
| Approved by the board on 6 October 2017 |
|
| Relabell Properties Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2016 |
|
| 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 represents the invoiced value of goods and services provided (stated net of value added tax). |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Computer equipment |
33.3% per annum straight line basis |
|
Furniture fixtures fittings and other equipment |
25% per annum reducing balance basis |
|
|
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. |
|
|
Going concern basis |
|
The accounts have been prepared on the going concern basis reflecting anticipated profits after the Balance Sheet date and an ongoing commitment by the shareholders to fully fund deficits. |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2015 |
37,939 |
|
At 31 August 2016 |
37,939 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2015 |
35,772 |
|
Charge for the year |
542 |
|
At 31 August 2016 |
36,314 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2016 |
1,625 |
|
At 31 August 2015 |
2,167 |
|
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
