ACCOUNTS - Final Accounts preparation


07912964 2015-07-01 false true 2016-06-302016-06-30 07912964 2015-07-01 2016-06-30 07912964 2016-06-30 07912964 2015-06-30 07912964 d:OrdinaryShareClass1 2016-06-30 07912964 d:OrdinaryShareClass1 2015-06-30 07912964 d:OrdinaryShareClass1 2015-07-01 2016-06-30 07912964 d:OrdinaryShareClass2 2016-06-30 07912964 d:OrdinaryShareClass2 2015-06-30 07912964 d:OrdinaryShareClass2 2015-07-01 2016-06-30 07912964 d:Director1 2015-07-01 2016-06-30 iso4217:GBP xbrli:shares
Registered number: 07912964














RHE INVESTMENTS LIMITED




UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

 
RHE INVESTMENTS LIMITED
 

CONTENTS


Page

 
 
Abbreviated balance sheet
 
 
1
Notes to the abbreviated accounts
 
 
2 - 3

 
RHE INVESTMENTS LIMITED
REGISTERED NUMBER: 07912964

ABBREVIATED BALANCE SHEET
AS AT 30 JUNE 2016

2016
2015
Note
£
£
£
£
 
FIXED ASSETS





 
Investments
 
2
2,842,166

5,796,529
 
CURRENT ASSETS





 
Debtors
646,979
630,980

 
Cash at bank

233,927
1,063,737







 
880,906
1,694,717
 
CREDITORS: amounts falling due within one year
(233,099)
(244,349)
 
NET CURRENT ASSETS


647,807

1,450,368
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 3,489,973

 7,246,897
  
CAPITAL AND RESERVES

 
Called up share capital
3
54
54
 
Profit and loss account
3,489,919
7,246,843
 
SHAREHOLDERS' FUNDS
 

 3,489,973

 7,246,897


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question 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 for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 June 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 9 November 2016.





J Harris
Director

The notes on pages 2 to 3 form part of these abbreviated accounts.

Page 1

 
RHE INVESTMENTS LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Income

Income is recognised on an acrrual basis except for dividend income which is recognised on a received basis.

1.3
Investments

Investments held as fixed assets are shown at cost less provision for impairment.


2.FIXED ASSET INVESTMENTS



£


Cost or valuation


At 1 July 2015
5,796,529

Additions
12,666

Disposals
(2,967,029)


At 30 June 2016

2,842,166




Net book value


At 30 June 2016
 2,842,166


At 30 June 2015

 5,796,529

Listed investments

The market value of the listed investments at 30 June 2016 was £2,878,189 (2015 - £5,826,126).


3.SHARE CAPITAL
        2016
        2015
        £

        £

Allotted, called up and fully paid



265 Ordinary shares of £0.10 each
27
27
265 Ordinary A shares of £0.10 each
27
27

 54

 54

Page 2

 
RHE INVESTMENTS LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016

4.ULTIMATE PARENT UNDERTAKING 

The ultimate parent undertaking is Myfanwy Investments Limited, a company incorporated in England and Wales.

Page 3