SPRINGFIELD_LAKES_LIMITED - Accounts

SPRINGFIELD LAKES LIMITED - Company Information

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Company Registration No. 03855312 (England and Wales)

SPRINGFIELD LAKES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

SPRINGFIELD LAKES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

SPRINGFIELD LAKES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Current assets

Stocks

300,000

Cash at bank and in hand

6,556

32,066

306,556

332,066

Creditors: amounts falling due within one year

(416,277)

(417,277)

Total assets less current liabilities

(109,721)

(85,211)

Creditors: amounts falling due after more than one year

(916,091)

(904,213)

(1,025,812)

(989,424)

Capital and reserves

Called up share capital

100

Profit and loss account

(1,025,912)

(989,524)

Shareholders' funds

(1,025,812)

(989,424)

For the financial year ended 31 December 2014 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 abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 22 June 2015

R. A. Oliver

Director

Company Registration No. 03855312

SPRINGFIELD LAKES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

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 April 2008).

The company is dependent upon the continued support of the directors and certain creditors. It is the director's opinion that this support will continue for the foreseeable future, and it is on this basis, that the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of such support. In the opinion of the director, preparing the accounts on a going concern basis will not produce a substantially different result to preparing them on a break-up basis.

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).

Share capital

2014

2013

Allotted, called up and fully paid

5,000 A ordinary shares of 1p each

5,000 B ordinary shares of 1p each

100