R & A Selley Properties Limited - Accounts to registrar (filleted) - small 18.2

R & A Selley Properties Limited - Accounts to registrar (filleted) - small 18.2

R & A SELLEY PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 10653241 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 MARCH 2017 TO 31 MARCH 2018

FOR

R & A SELLEY PROPERTIES LIMITED
R & A SELLEY PROPERTIES LIMITED (REGISTERED NUMBER: 10653241)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 MARCH 2017 TO 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R & A SELLEY PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 6 MARCH 2017 TO 31 MARCH 2018







DIRECTORS: Miss A F Selley
R Selley





REGISTERED OFFICE: 30 New Road
Brighton
East Sussex
BN1 1BN





REGISTERED NUMBER: 10653241 (England and Wales)





ACCOUNTANTS: Hilton Sharp & Clarke
Chartered Accountants
30 New Road
Brighton
East Sussex
BN1 1BN
Page 1
R & A SELLEY PROPERTIES LIMITED (REGISTERED NUMBER: 10653241)

BALANCE SHEET
31 MARCH 2018

Notes £    £   
FIXED ASSETS
Investment property 4 1,696,000

CURRENT ASSETS
Debtors 5 1,092
Cash at bank 24,509
25,601
CREDITORS
Amounts falling due within one year 6 14,112
NET CURRENT ASSETS 11,489
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,707,489

CAPITAL AND RESERVES
Called up share capital 7 2,002
Share premium 1,695,000
Retained earnings 10,487
SHAREHOLDERS' FUNDS 1,707,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 November 2018 and were signed on its behalf by:





R Selley - Director


The notes form part of these financial statements

Page 2
R & A SELLEY PROPERTIES LIMITED (REGISTERED NUMBER: 10653241)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 MARCH 2017 TO 31 MARCH 2018


1. STATUTORY INFORMATION

R & A Selley Properties Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is
recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent
that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,696,000
At 31 March 2018 1,696,000
NET BOOK VALUE
At 31 March 2018 1,696,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,092

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 6,664
Other creditors 7,448
14,112

Page 3 continued...
R & A SELLEY PROPERTIES LIMITED (REGISTERED NUMBER: 10653241)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 MARCH 2017 TO 31 MARCH 2018


7. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,002 Ordinary £1 1,002
1,000 Non voting A Ordinary £1 1,000
2,002

1,000 Non voting A Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

1,002 Ordinary shares of £1 each were allotted as fully paid at a premium of 1691.617 per share during the period.

Page 4