Sea Lane Developments Limited,Ltd - Accounts

Sea Lane Developments Limited,Ltd - Accounts

SEA LANE DEVELOPMENTS LIMITED - Company Information

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2013-05-01 false false Public Limited Company 06563890 2014-04-30 06563890 2013-05-01 2014-04-30 06563890 2013-04-30 06563890 2012-05-01 2013-04-30 06563890 uk-bus:Director1 2013-05-01 2014-04-30 06563890 uk-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP
Sea Lane Developments Limited
For the year ended 30 April 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06563890
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Contents Page
Sea Lane Developments Limited
For the year ended 30 April 2014
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
Sea Lane Developments Limited
Chartered Accountants' Report
For the year ended 30 April 2014
Chartered Accountants' Report to the Board of Directors
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the
accounts of Sea Lane Developments Limited for the year ended 30 April 2014 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its
ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Sea Lane Developments 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 accounts of Sea Lane Developments Limited and state those matters that we have agreed to state to the Board
of Directors of Sea Lane Developments Limited, as a body, in this report in accordance with AAF 2/10 as detailed
at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than Sea Lane Developments Limited and its Board of Directors as a body for our work or for this
report.
It is your duty to ensure that Sea Lane Developments Limited has kept adequate accounting records to prepare
statutory accounts that give a true and fair view of the assets, liabilities, financial position and Loss of Sea Lane
Developments Limited. You consider that Sea Lane Developments 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 accounts of Sea Lane Developments 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 accounts.
Bickerstaff & Co Chartered Accountants
Unit 2 Brewery Court
Sea Lane
Hayle
Cornwall
TR27 4DP
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Abbreviated Balance Sheet
Sea Lane Developments Limited
As at 30 April 2014
06563890
Registered Number :
£
£
2014
Notes
2013
Current assets
Debtors
1,744
652
Cash at bank and in hand
3,470
3,174
4,122
4,918
Creditors: amounts falling due within one year
(511)
(969)
4,407
3,153
Net current assets
Total assets less current liabilities
3,153
4,407
3,153
Net assets
4,407
Capital and reserves
Called up share capital
2
2
2
Profit and loss account
3,151
4,405
3,153
4,407
Shareholders funds
For the year ended 30 April 2014 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, micro-entity provisions and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Date approved by the board: 29 July 2014
DA Johnson Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Sea Lane Developments Limited
For the year ended 30 April 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents service charges receivable. Service charges are recognised when the company fulfills its contractual obligations to residents by supplying services.
Deferred taxation
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.
2 Share capital
Allotted called up and fully paid
2014
2013
£
£
2 Class A shares of £1.00 each
2
2
2
2
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