Raglan ( Caterham ) Limited - Limited company - abbreviated

REGISTERED NUMBER: 03863041 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31st May 2014

for

Raglan ( Caterham ) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M L Kaye

G Gaty

SECRETARY:

Mr. M L Kaye

REGISTERED OFFICE:

3

Century Court

Tolpits Lane

Watford

Hertfordshire

WD18 9RS

REGISTERED NUMBER:

03863041 (England and Wales)

ACCOUNTANTS:

Dua & Co. Limited

3 Century Court

Tolpits Lane

Watford

Hertfordshire

WD18 9RS

FIXED ASSETS

Tangible assets

2

1,974,000

CURRENT ASSETS

Debtors

128,231

138,147

Cash at bank

41,440

19,628

169,671

157,775

CREDITORS

Amounts falling due within one year

3

(231,405

)

(213,029

)

NET CURRENT LIABILITIES

(61,734

)

(55,254

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,912,266

1,918,746

CREDITORS

Amounts falling due after more than one year

3

(1,482,296

)

(1,570,165

)

NET ASSETS

429,970

348,581

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

429,870

348,481

SHAREHOLDERS' FUNDS

429,970

348,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27th November 2014 and were signed on its behalf by:

G Gaty - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for

Smaller Entities (effective April 2008).

Turnover

Turnover represents rent and service charges receivable.

Tangible fixed assets

The depreciation on the freehold property was not considered necessary by the directors as the market valuation at the year end shows that

the property has in fact appreciated in value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2013

and 31st May 2014

1,974,000

NET BOOK VALUE

At 31st May 2014

1,974,000

At 31st May 2013

1,974,000

3.

CREDITORS

Creditors include an amount of £ 1,614,796 (2013 - £ 1,702,665 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary

1

100

5.

OWNERSHIP

The company is owned as Follows:

MDM Estates limited 50%

Brookplace limited 50%

Raglan ( Caterham ) Limited - Limited company - abbreviated - 11.6

Raglan ( Caterham ) Limited - Limited company - abbreviated - 11.6