| Regwill Investments Limited |
| Registered number: |
00824552 |
| Abbreviated Balance Sheet |
| as at 31 May 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
3,700,000 |
|
|
3,700,000 |
|
| Current assets |
| Debtors |
|
|
21,471 |
|
|
21,471 |
| Cash at bank and in hand |
|
|
71,438 |
|
|
41,827 |
|
|
|
92,909 |
|
|
63,298 |
|
| Creditors: amounts falling due within one year |
|
|
(67,294) |
|
|
(62,932) |
|
| Net current assets |
|
|
|
25,615 |
|
|
366 |
|
| Net assets |
|
|
|
3,725,615 |
|
|
3,700,366 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1,000 |
|
|
1,000 |
| Revaluation reserve |
|
|
|
3,668,736 |
|
|
3,668,736 |
| Capital redemption reserve |
|
|
|
9,562 |
|
|
9,562 |
| Profit and loss account |
|
|
|
46,317 |
|
|
21,068 |
|
| Shareholders' funds |
|
|
|
3,725,615 |
|
|
3,700,366 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J Hart |
| Director |
| Approved by the board on 26 November 2015 |
|
| Regwill Investments Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the gross rental income receivable from the company's investment property. |
|
|
Tangible fixed assets - Freehold investment property |
|
Freehold investment property is stated at a directors' valuation. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Valuation |
|
At 1 June 2014 |
3,700,000 |
|
At 31 May 2015 |
3,700,000 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 May 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2015 |
3,700,000 |
|
At 31 May 2014 |
3,700,000 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
