Real Spain Rentals Limited - Abbreviated accounts 16.1

Real Spain Rentals Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 08767123 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

Real Spain Rentals Limited

Real Spain Rentals Limited (Registered number: 08767123)






Contents of the Abbreviated Accounts
for the Year Ended 30 November 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Real Spain Rentals Limited

Company Information
for the Year Ended 30 November 2015







DIRECTORS: Mrs Maria Del Pilar Rocafort-Varela
Mr Myles Scott Wright





REGISTERED OFFICE: 15 Montagu Square
Flat 1
London
W1H 2LD





REGISTERED NUMBER: 08767123 (England and Wales)





ACCOUNTANTS: Capitax Financial Limited
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS

Real Spain Rentals Limited (Registered number: 08767123)

Abbreviated Balance Sheet
30 November 2015

30.11.15 30.11.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 7,601 -
Investment property 3 380,823 370,400
388,424 370,400

CURRENT ASSETS
Cash in hand 4,857 -

CREDITORS
Amounts falling due within one year 408,415 372,823
NET CURRENT LIABILITIES (403,558 ) (372,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,134

)

(2,423

)

CAPITAL AND RESERVES
Called up share capital 4 (100 ) (100 )
Profit and loss account (15,034 ) (2,323 )
SHAREHOLDERS' FUNDS (15,134 ) (2,423 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 26 August 2016 and were signed on its behalf by:




Mr Myles Scott Wright - Director


Real Spain Rentals Limited (Registered number: 08767123)

Notes to the Abbreviated Accounts
for the Year Ended 30 November 2015

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 January 2015).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market
value is transferred to a revaluation reserve.

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 10,135
At 30 November 2015 10,135
DEPRECIATION
Charge for year 2,534
At 30 November 2015 2,534
NET BOOK VALUE
At 30 November 2015 7,601

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 December 2014 370,400
Additions 10,423
At 30 November 2015 380,823
NET BOOK VALUE
At 30 November 2015 380,823
At 30 November 2014 370,400

Real Spain Rentals Limited (Registered number: 08767123)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 November 2015

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.15 30.11.14
value: £    £   
100 Ordinary Shares £1 (100 ) (100 )