PHI Real Estate Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08978751 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 4 APRIL 2014 TO 30 APRIL 2015

FOR

PHI REAL ESTATE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

O Al-Hasso

R Al-Hasso

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

08978751 (England and Wales)

ACCOUNTANTS:

EAGK LLP

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Investments

2

35

CURRENT ASSETS

Debtors

64,365

CREDITORS

Amounts falling due within one year

63,792

NET CURRENT ASSETS

573

TOTAL ASSETS LESS CURRENT LIABILITIES

608

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

606

SHAREHOLDERS' FUNDS

608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2015 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 8 March 2016 and were signed on its behalf by:

O Al-Hasso - 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 sales of services which is recognised at the time of the completion of services.

Deferred tax

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

the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

35

At 30 April 2015

35

NET BOOK VALUE

At 30 April 2015

35

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Associated company

Henley Healthcare Investments Limited

Nature of business: Property investments in the healthcare Sector

%

Class of shares:

holding

Ordinary

35.00

30.6.14

£

Aggregate capital and reserves

(142,965

)

Loss for the year

(129,123

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

During the year 2 ordinary shares with a nominal value of £1 each were issued.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 April 2015:

£

O Al-Hasso

Balance outstanding at start of period

-

Amounts advanced

37,223

Amounts repaid

-

Balance outstanding at end of period

37,223

R Al-Hasso

Balance outstanding at start of period

-

Amounts advanced

27,142

Amounts repaid

-

Balance outstanding at end of period

27,142

During the period the company charged the interest amounting £398 at the rate of 3.25% on the

overdrawn directors' accounts.