Render Estates Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02081697 (England and Wales)

RENDER ESTATES LIMITED

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A I Render

D D Render

R D V Pelly

R P Rowan

REGISTERED OFFICE:

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

02081697 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

2

2,401,688

2,434,188

CURRENT ASSETS

Investments

9,098,694

9,448,563

Cash at bank

3,443,979

2,825,379

12,542,673

12,273,942

CREDITORS

Amounts falling due within one year

3

490,492

370,713

NET CURRENT ASSETS

12,052,181

11,903,229

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,453,869

14,337,417

CREDITORS

Amounts falling due after more than one
year

3

13,220,000

NET ASSETS

1,233,869

1,117,417

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

1,233,867

1,117,415

SHAREHOLDERS' FUNDS

1,233,869

1,117,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 12 October 2016 and were signed on its behalf by:

D D Render - 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 January 2015).

Tangible fixed assets

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

Long leasehold

-

25% on cost

Pension costs and other post-retirement benefits

Investments

Current asset investments are stated at the lower of cost or net realisable value.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

2,499,188

DEPRECIATION

At 1 June 2015

65,000

Charge for year

32,500

At 31 May 2016

97,500

NET BOOK VALUE

At 31 May 2016

2,401,688

At 31 May 2015

2,434,188

3.

CREDITORS

Creditors include an amount of £ 13,220,000 (2015 - £ 13,220,000 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2