Abbreviated Company Accounts - SHIPTON DEVELOPMENTS LIMITED

Abbreviated Company Accounts - SHIPTON DEVELOPMENTS LIMITED


Registered Number 06693552

SHIPTON DEVELOPMENTS LIMITED

Abbreviated Accounts

30 September 2014

SHIPTON DEVELOPMENTS LIMITED Registered Number 06693552

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 60,000 60,000
60,000 60,000
Current assets
Cash at bank and in hand 1 1
1 1
Creditors: amounts falling due within one year (60,000) (60,000)
Net current assets (liabilities) (59,999) (59,999)
Total assets less current liabilities 1 1
Total net assets (liabilities) 1 1
Capital and reserves
Called up share capital 3 1 1
Shareholders' funds 1 1
  • For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • 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.

Approved by the Board on 29 June 2015

And signed on their behalf by:
K Genko, Director

SHIPTON DEVELOPMENTS LIMITED Registered Number 06693552

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are prepared under the historical cost convention.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards ( United Kingdon Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fitting & equipment NIL

Other accounting policies
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets
£
Cost
At 1 October 2013 60,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 60,000
Depreciation
At 1 October 2013 0
Charge for the year -
On disposals -
At 30 September 2014 0
Net book values
At 30 September 2014 60,000
At 30 September 2013 60,000
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1