Rs Sumal Properties Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09511685 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2017

for

RS Sumal Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Singh

REGISTERED OFFICE:

164 Bedford Road

Kempston

Bedford

Bedfordshire

MK42 8BH

REGISTERED NUMBER:

09511685 (England and Wales)

ACCOUNTANTS:

Coombs Chartered Accountants

164 Bedford Road

Kempston

Bedford

Bedfordshire

MK42 8BH

FIXED ASSETS

Tangible assets

4

1,047,127

1,057,966

CURRENT ASSETS

Cash at bank

76,632

50,223

CREDITORS

Amounts falling due within one year

5

90,255

83,867

NET CURRENT LIABILITIES

(13,623

)

(33,644

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,033,504

1,024,322

CREDITORS

Amounts falling due after more than one
year

6

942,897

991,558

NET ASSETS

90,607

32,764

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

90,507

32,664

SHAREHOLDERS' FUNDS

90,607

32,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 15 March 2018 and were signed by:

R Singh - Director

1.	STATUTORY INFORMATION

RS Sumal Properties Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 July 2016

and 30 June 2017

1,068,009

300

550

1,068,859

DEPRECIATION

At 1 July 2016

10,680

75

138

10,893

Charge for year

10,680

56

103

10,839

At 30 June 2017

21,360

131

241

21,732

NET BOOK VALUE

At 30 June 2017

1,046,649

169

309

1,047,127

At 30 June 2016

1,057,329

225

412

1,057,966

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

Taxation and social security

20,018

13,999

Other creditors

70,237

69,868