Company Registration No. 05741496 (England and Wales)
RODWELL COURT PROPERTIES LIMITED
DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
RODWELL COURT PROPERTIES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2015
- 1 -
The directors present their report and financial statements for the year ended 31 December 2015.
Principal activities
The company is dormant and has not traded during the year.
Directors
The following directors have held office since 1 January 2015:
T.W. Lewis
P. Smart
D. Steele
Statement of directors' responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
On behalf of the board
T.W. Lewis
Director
7 September 2016
RODWELL COURT PROPERTIES LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RODWELL COURT PROPERTIES LIMITED FOR THE YEAR ENDED 31 DECEMBER 2015
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rodwell Court Properties Limited for the year ended 31 December 2015 set out on pages 3 to 6 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Rodwell Court Properties Limited, as a body, in accordance with the terms of our engagement letter dated. Our work has been undertaken solely to prepare for your approval the financial statements of Rodwell Court Properties Limited and state those matters that we have agreed to state to the Board of Directors of Rodwell Court Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at icaew.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rodwell Court Properties Limited and it's Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Rodwell Court Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rodwell Court Properties Limited. You consider that Rodwell Court Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Rodwell Court Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
David Howard
7 September 2016
Chartered Accountants
1 Park Road
Hampton Wick
Kingston-Upon-Thames
Surrey
KT1 4AS
RODWELL COURT PROPERTIES LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
2015
2014
Notes
£
£
Loss on ordinary activities before taxation
-
-
Tax on loss on ordinary activities
-
-
Loss for the year
4
-
-
RODWELL COURT PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 4 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
62,605
62,605
Current assets
Net current assets
-
-
Total assets less current liabilities
62,605
62,605
Capital and reserves
Called up share capital
3
74
74
Share premium account
4
90,480
90,480
Profit and loss account
4
(27,949)
(27,949)
Shareholders' funds
62,605
62,605
For the financial year ended 31 December 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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the Board for issue on 7 September 2016
T.W. Lewis
Director
Company Registration No. 05741496
RODWELL COURT PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 5 -
1
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 January 2015). The company has not traded, made profits or losses nor incurred any liabilities during the year ended 31 December 201 5 . Therefore, no profit and loss account is attached.
The company has not traded, made profits or losses nor incurred any liabilities during the year ended 31 December 201
5
. Therefore, no profit and loss account is attached.
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
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
Nil
No depreciation is provided in respect of Freehold Reversion because its market value is perceived to exceed its book cost.
2
Tangible fixed assets
Land and buildings Freehold
£
Cost
At 1 January 2015 & at 31 December 2015
62,605
Depreciation
At 1 January 2015 & at 31 December 2015
-
Net book value
At 31 December 2015
62,605
At 31 December 2014
62,605
RODWELL COURT PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 6 -
3
Share capital
2015
2014
£
£
Authorised
74 Ordinary Shares of £1 each
74
74
Allotted, called up and fully paid
74 Ordinary Shares of £1 each
74
74
4
Statement of movements on reserves
Share premium account
Profit and loss
account
£
£
Balance at 1 January 2015
90,480
(27,949)
Balance at 31 December 2015
90,480
(27,949)
2015-12-31
2015-01-01
false
true
true
true
true
true
tmpCC23.html
2016-09-07
05741496
2015-01-01
2015-12-31
05741496
uk-bus:Director1
2015-01-01
2015-12-31
05741496
uk-bus:Director2
2015-01-01
2015-12-31
05741496
uk-bus:Director3
2015-01-01
2015-12-31
05741496
2015-12-31
05741496
uk-bus:EntityAccountantsOrAuditors
2015-12-31
05741496
uk-bus:EntityAccountantsOrAuditors
2015-01-01
2015-12-31
05741496
2014-12-31
05741496
2014-12-31
05741496
uk-gaap:LandBuildings
2015-01-01
2015-12-31
05741496
uk-bus:OrdinaryShareClass1
2015-01-01
2015-12-31
05741496
uk-bus:OrdinaryShareClass1
2015-12-31
05741496
uk-bus:OrdinaryShareClass1
2014-12-31
xbrli:pure
xbrli:shares
iso4217:GBP