R & J Properties (UK) Limited - Limited company accounts 11.7

REGISTERED NUMBER: 04736242

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 March 2015

for

R & J Properties (UK) Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Statement of Total Recognised Gains and Losses

4

Balance Sheet

5

Notes to the Financial Statements

7

DIRECTOR:

R Jones

SECRETARY:

Mrs J Jones

REGISTERED OFFICE:

Chatterley House

Coronation Road

Cossall

Nottinghamshire

NG16 2RU

REGISTERED NUMBER:

04736242

ACCOUNTANTS:

Gregory Priestley & Stewart

16 Queen Street

Ilkeston

Derbyshire

DE7 5GT

The director presents his report with the financial statements of the company for the year ended 31 March 2015.

DIRECTOR

R Jones held office during the whole of the period from 1 April 2014 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

R Jones - Director

9 October 2015

TURNOVER

22,437

22,152

Administrative expenses

1,607

2,350

OPERATING PROFIT

2

20,830

19,802

Interest payable and similar charges

2,035

2,153

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

18,795

17,649

Tax on profit on ordinary activities

3

3,759

3,530

PROFIT FOR THE FINANCIAL YEAR

15,036

14,119

PROFIT FOR THE FINANCIAL YEAR

15,036

14,119

Land & buildings

TOTAL RECOGNISED GAINS AND LOSSES RELATING TO THE YEAR

15,036

14,119

FIXED ASSETS

Tangible assets

5

250,000

250,000

CURRENT ASSETS

Debtors

6

665

665

Cash at bank

1,328

2,041

1,993

2,706

CREDITORS

Amounts falling due within one year

7

4,846

4,375

NET CURRENT LIABILITIES

(2,853

)

(1,669

)

TOTAL ASSETS LESS CURRENT LIABILITIES

247,147

248,331

CREDITORS

Amounts falling due after more than one year

8

132,729

139,949

NET ASSETS

114,418

108,382

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

10

100,510

100,510

Profit and loss account

10

13,808

7,772

SHAREHOLDERS' FUNDS

114,418

108,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 9 October 2015 and were signed by:

R Jones - 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 net invoiced sales of services, excluding value added tax.

Deferred tax

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

sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.15

31.3.14

£

£

Director's remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

31.3.15

31.3.14

£

£

Current tax:

UK corporation tax

3,759

3,530

Tax on profit on ordinary activities

3,759

3,530

4.

DIVIDENDS

31.3.15

31.3.14

£

£

Ordinary shares of £1 each

Final

9,000

7,850

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2014

and 31 March 2015

250,000

NET BOOK VALUE

At 31 March 2015

250,000

At 31 March 2014

250,000

The property was valued in June 2006 by Natwest Bank at a figure of £250,000.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.15

31.3.14

£

£

Directors' current accounts

665

665

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.15

31.3.14

£

£

Tax

3,759

3,530

R&J properties

337

95

Accrued expenses

750

750

4,846

4,375

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.15

31.3.14

£

£

Bank loans - 1-2 years

132,729

139,949

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Profit

and loss

Revaluation

account

reserve

Totals

£

£

£

At 1 April 2014

7,772

100,510

108,282

Profit for the year

15,036

15,036

Dividends

(9,000

)

(9,000

)

At 31 March 2015

13,808

100,510

114,318