ROVERBOURNE_LIMITED - Accounts

ROVERBOURNE LIMITED - Company Information

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Company Registration No. 02114116 (England and Wales)

ROVERBOURNE LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

ROVERBOURNE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ROVERBOURNE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

Current assets

Stocks

2,498,765

2,521,327

Debtors

1,023,233

960,483

Cash at bank and in hand

54,569

2,779

3,576,567

3,484,589

Creditors: amounts falling due within one year

(584,789)

(696,549)

Net current assets

2,991,778

2,788,040

Total assets less current liabilities

2,991,855

2,788,117

Creditors: amounts falling due after more than one year

(1,132,937)

(1,124,290)

1,858,918

1,663,827

Capital and reserves

Called up share capital

10,000

Profit and loss account

1,848,918

1,653,827

Shareholders' funds

1,858,918

1,663,827

For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 31 March 2016

V Amar

Director

Company Registration No. 02114116

ROVERBOURNE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for property sold.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

- 15% Reducing balance

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Stock

Stock is valued at the lower of cost and net realisable value.

ROVERBOURNE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2015

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 July 2014 & at 30 June 2015

2,161

2,238

Depreciation

At 1 July 2014 & at 30 June 2015

2,161

Net book value

At 30 June 2015

At 30 June 2014

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Roverbourne (Battle Hill) Limited

England and Wales

Ordinary Shares

76.00

Participating interests

Cedarvale Properties Limited

England and Wales

Ordinary Shares

50.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

Roverbourne (Battle Hill) Limited

Property Development

380,497

(12,447)

Cedarvale Properties Limited

Property Investment

410

(1,536)

Share capital

2015

2014

Allotted, called up and fully paid

10,000 Ordinary shares of £1 each

10,000