Rimes Properties Ltd Micro-entity accounts

RIMES PROPERTIES LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 08943731

Rimes Properties Ltd

Filleted Unaudited Financial Statements

31 March 2017

Rimes Properties Ltd

Financial Statements

Year ended 31 March 2017

Contents	Page

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position and the notes to the financial statements	2

Rimes Properties Ltd

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Rimes Properties Ltd

Year ended 31 March 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rimes Properties Ltd for the year ended 31 March 2017, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the Board of Directors of Rimes Properties Ltd, as a body, in accordance with the terms of our engagement letter dated 17 March 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Rimes Properties Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rimes Properties Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rimes Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rimes Properties Ltd. You consider that Rimes Properties Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Rimes Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

CANTELOWES LIMITED Chartered Certified Accountants

15 Bowling Green Lane London EC1R 0BD

15 November 2017

Rimes Properties Ltd

Statement of Financial Position

31 March 2017

	2017		2016
	£	£	£
Fixed assets		407,601	356,975
		---------	---------

Current assets		141,035	53,755

Creditors: amounts falling due within one year	456,537	372,851
	---------	---------
Net current liabilities	( 315,502)	( 319,096)
	---------	---------
Total assets less current liabilities	92,099	37,879

Accruals and deferred income	1,000	1,000
	--------	--------
	91,099	36,879
	--------	--------

Capital and reserves	91,099	36,879
	--------	--------

Notes to the financial statements

1. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2017
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr N Rimes	( 366,415)	( 53,057)	( 419,472)
Mrs E Rimes	-	( 35,000)	( 35,000)
	---------	--------	---------
	( 366,415)	( 88,057)	( 454,472)
	---------	--------	---------

	2016
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr N Rimes	( 366,415)	-	( 366,415)
Mrs E Rimes	-	-	-
	---------	----	---------
	( 366,415)	-	( 366,415)
	---------	----	---------

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 15 November 2017 , and are signed on behalf of the board by:

Mr N Rimes

Director

Company registration number: 08943731

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 15 Bowling Green Lane, London, EC1R 0BD.