Registered Investments Ltd.
|
For the year ended 23 December 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06898307
Registered Investments Ltd.
For the year ended 23 December 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Registered Investments Ltd.
Accountants' Report
For the year ended 23 December 2015
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Registered Investments Ltd
.
for the year ended
23
December
2015
which comprise the Profit and
|
Loss Account
,
the Balance Sheet and the related notes from the company
'
s accounting records and from
|
information and explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Registered Investments Ltd
.
,
as a body
,
in accordance with
|
the terms of our engagement letter dated
22
June
2009
.
Our work has been undertaken solely to prepare for your
|
approval the accounts of Registered Investments Ltd
.
and state those matters that we have agreed to state to the
|
Board of Directors of Registered Investments Ltd
.
,
as a body
,
in this report in accordance with the requirements of
|
the Association of Chartered Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To
|
the fullest extent permitted by law
,
we do not accept or assume responsibility to anyone other than Registered
|
Investments Ltd
.
and its Board of Directors as a body for our work or for this report
.
|
It is your duty to ensure that Registered Investments Ltd
.
has kept adequate accounting records and to prepare
|
statutory accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of Registered
|
Investments Ltd
..
You consider that Registered Investments Ltd
.
is exempt from the statutory audit requirement for
|
the year
.
|
John R Parkhouse FCCA
332 Hill Lane
Southampton
SO15 7NW
01 September 2016
1 of 4
Abbreviated Balance Sheet
|
Registered Investments Ltd.
23/12/2015
23/12/2014
2
840
430
7,269,497
7,269,497
3
7,270,337
7,269,927
4,531
29,941
661,775
571,527
691,716
576,058
Creditors
:
amounts falling due within one year
|
(7,305,501)
(7,369,902)
(6,729,443)
(6,678,186)
Net current liabilities
Total assets less current liabilities
|
592,151
540,484
592,151
Net assets
540,484
1,000
4
1,000
(114,728)
(114,728)
705,879
654,212
592,151
540,484
Shareholders funds
For the year ended 23 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
|
2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
|
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
|
Date approved by the board: 01 September 2016
|
Signed on behalf of the board of directors
|
2 of 4
Notes to the Abbreviated Financial Statements
|
Registered Investments Ltd.
For the year ended 23 December 2015
The financial statements are prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover represents rents receivable.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
The company
'
s freehold properties are revalued in full every five years
.
Interim valuations are carried out when it is
|
likely that there has been a material change in value
.
|
No depreciation is provided on the company
'
s freehold properties since in the opinion of the directors the expected
|
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
|
would be immaterial
.
The directors undertake an annual impairment review of these properties
.
|
Investment properties are included in the balance sheet at their open market value at the balance sheet date
.
The
|
resulting aggregate surplus or deficit is transferred to a revaluation reserve
.
Depreciation is provided only on those
|
investment properties which are leasehold and where the unexpired lease term is less than
20
years
.
|
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities
(
effective
|
January
2015
)
,
it is a departure from the general requirement of the Companies Act
2006
for all tangible assets to be
|
depreciated
.
In the opinion of the directors compliance with the standard is necessary for the financial statements to
|
give a true and fair view
.
Depreciation or amortisation is only one of many factors reflected in the annual valuation
|
and the amount of this which might otherwise have been charged cannot be separately identified or quantified
.
|
Fixed asset investments are stated at market value
,
if listed
,
or at directors
'
valuation
,
if unlisted
.
The market value is
|
based on the closing middle market price
.
|
3 of 4
Notes to the Abbreviated Financial Statements
|
Registered Investments Ltd.
For the year ended 23 December 2015
1,157
687
1,844
727
277
Charge for year
1,004
840
430
3
Fixed asset investments
|
7,269,497
7,269,497
7,269,497
7,269,497
Allotted called up and fully paid
|
23/12/2015
23/12/2014
1
,
000
Class A shares of £
1
.
00
each
|
1,000
1,000
1,000
1,000
4 of 4