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RELAX PROPERTY INVESTMENTS LIMITED - Company Information

Company Accounts and Tax Online SC181858 Board of Directors 1.1.17 31.12.17 31.12.17 false iso4217:GBP xbrli:pure SC181858 2016-01-01 2016-12-31 SC181858 2017-12-31 SC181858 2017-01-01 2017-12-31 SC181858 2016-12-31 SC181858 countries:Scotland 2017-01-01 2017-12-31 SC181858 curr:PoundSterling 2017-01-01 2017-12-31 SC181858 uk-bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 SC181858 uk-bus:FRS102 2017-01-01 2017-12-31 SC181858 uk-bus:AuditExempt-NoAccountantsReport 2017-01-01 2017-12-31 SC181858 uk-bus:FullAccounts 2017-01-01 2017-12-31 SC181858 uk-bus:RegisteredOffice 2017-01-01 2017-12-31 SC181858 uk-bus:Director1 2017-01-01 2017-12-31 SC181858 uk-bus:Director1 2017-01-01 SC181858 uk-bus:Director1 2017-12-31 SC181858 core:AfterOneYear 2017-12-31 SC181858 core:AfterOneYear 2016-12-31 SC181858 core:WithinOneYear 2017-12-31 SC181858 core:WithinOneYear 2016-12-31 SC181858 core:WithinOneYear 2017-01-01 2017-12-31 SC181858 core:AfterOneYear 2017-12-31 SC181858 core:AfterOneYear 2016-12-31 SC181858 core:AfterOneYear 2017-01-01 2017-12-31 SC181858 core:ShareCapital 2017-12-31 SC181858 core:ShareCapital 2016-12-31 SC181858 core:RevaluationReserve 2017-12-31 SC181858 core:RevaluationReserve 2016-12-31 SC181858 core:RetainedEarningsAccumulatedLosses 2017-12-31 SC181858 core:RetainedEarningsAccumulatedLosses 2016-12-31 SC181858 1 2017-01-01 2017-12-31 SC181858 core:LandBuildings 2017-01-01 2017-12-31 SC181858 core:LandBuildings 2017-12-31 SC181858 core:LandBuildings 2016-01-01 2016-12-31 SC181858 core:LandBuildings 2016-12-31 SC181858 core:PlantMachinery 2017-01-01 2017-12-31 SC181858 core:PlantMachinery 2017-12-31 SC181858 core:PlantMachinery 2016-01-01 2016-12-31 SC181858 core:PlantMachinery 2016-12-31 SC181858 core:FurnitureFittingsToolsEquipment 2017-01-01 2017-12-31 SC181858 core:FurnitureFittingsToolsEquipment 2017-12-31 SC181858 core:FurnitureFittingsToolsEquipment 2016-01-01 2016-12-31 SC181858 core:FurnitureFittingsToolsEquipment 2016-12-31 SC181858 core:OfficeEquipment 2017-01-01 2017-12-31 SC181858 core:OfficeEquipment 2017-12-31 SC181858 core:OfficeEquipment 2016-01-01 2016-12-31 SC181858 core:OfficeEquipment 2016-12-31 SC181858 core:Vehicles 2017-01-01 2017-12-31 SC181858 core:Vehicles 2017-12-31 SC181858 core:Vehicles 2016-01-01 2016-12-31 SC181858 core:Vehicles 2016-12-31 SC181858 core:NetGoodwill 2017-01-01 2017-12-31 SC181858 core:NetGoodwill 2017-12-31 SC181858 core:NetGoodwill 2016-01-01 2016-12-31 SC181858 core:NetGoodwill 2016-12-31 SC181858 core:IntangibleAssetsOtherThanGoodwill 2017-01-01 2017-12-31 SC181858 core:IntangibleAssetsOtherThanGoodwill 2017-12-31 SC181858 core:IntangibleAssetsOtherThanGoodwill 2016-01-01 2016-12-31 SC181858 core:IntangibleAssetsOtherThanGoodwill 2016-12-31

Company Registration Number:
SC181858 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

Contents of the Financial Statements

for the Period Ended 31 December 2017


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Directors' Report Period Ended 31 December 2017

The directors present their report with the financial statements of the company for the period ended 31 December 2017

Principal Activities

The principal activity of the company is that of property letting.

Directors

The directors shown below have held office during the whole of the period from 01 January 2017 to 31 December 2017
Gurmet Singh

This report was approved by the board of directors on 28 September 2018
And Signed On Behalf Of The Board By:

Name: Gurmet Singh
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2017

	2017 £	2016 £
Administrative Expenses	(9,262)	(6,366)
Other operating income	24,685	17,200
Operating Profit or (Loss)	15,423	10,834
Interest Payable and Similar Charges	(9,582)	(7,765)
Profit or (Loss) Before Tax	5,841	3,069
Tax on Profit	(1,168)	(614)
Profit or (Loss) for Period	4,673	2,455

The notes form part of these financial statements

Balance sheet

As at 31 December 2017

	Notes	2017 £	2016 £
Fixed assets
Tangible assets:	2	440,806	440,806
Total fixed assets:		440,806	440,806
Current assets
Debtors:	3	101,244	101,226
Cash at bank and in hand:		67,076	11
Total current assets:		168,320	101,237
Creditors: amounts falling due within one year:	4	( 82,367 )	( 61,599 )
Net current assets (liabilities):		85,953	39,638
Total assets less current liabilities:		526,759	480,444
Creditors: amounts falling due after more than one year:	5	( 238,782 )	( 193,140 )
Total net assets (liabilities):		287,977	287,304

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2017

	Notes	2017 £	2016 £
Capital and reserves
Called up share capital:		750	750
Revaluation reserve:	6	108,317	108,317
Profit and loss account:		178,910	178,237
Shareholders funds:		287,977	287,304

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 September 2018
And Signed On Behalf Of The Board By:

Name: Gurmet Singh
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Tangible assets

	Land & buildings	Total
Cost	£	£
At 01 January 2017	440,806	440,806
Additions	-	-
Disposals	-	-
Revaluations	-	-
Transfers	-	-
At 31 December 2017	440,806	440,806
Depreciation
At 01 January 2017	-	-
Charge for year	-	-
On disposals	-	-
Other adjustments	-	-
At 31 December 2017	-	-
Net book value
At 31 December 2017	440,806	440,806
At 31 December 2016	440,806	440,806

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Debtors

	2017 £	2016 £
Other debtors	101,244	101,226
Total	101,244	101,226

Notes to the Financial Statements

for the Period Ended 31 December 2017

4.Creditors: amounts falling due within one year note

	2017 £	2016 £
Taxation and social security	5,142	3,974
Accruals and deferred income	494	494
Other creditors	76,731	57,131
Total	82,367	61,599

Notes to the Financial Statements

for the Period Ended 31 December 2017

5.Creditors: amounts falling due after more than one year

	2017 £	2016 £
Bank loans and overdrafts	238,782	193,140
Total	238,782	193,140

Notes to the Financial Statements

for the Period Ended 31 December 2017

6. Revaluation reserve

	2017 £
Balance at 01 January 2017	108,317
Surplus or deficit after revaluation	0
Balance at 31 December 2017	108,317

Director:		Gurmet Singh


Registered office:		74 Parkgrove Drive Edinburgh Midlothian EH4 7QF


Company Registration Number:		SC181858 (Scotland)

Accounts Submission