Demeure Developments Limited,Ltd - Accounts

Demeure Developments Limited,Ltd - Accounts

DEMEURE DEVELOPMENTS LIMITED - Company Information

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2014-04-01 true false Private Limited Company 04510978 2015-03-31 04510978 2014-04-01 2015-03-31 04510978 2014-03-31 04510978 2013-04-01 2014-03-31 04510978 uk-bus:Director1 2014-04-01 2015-03-31 04510978 uk-gaap:PlantMachinery 2014-04-01 2015-03-31 04510978 uk-gaap:CommercialMotorVehicles 2014-04-01 2015-03-31 04510978 uk-gaap:WithinOneYear 2015-03-31 04510978 uk-gaap:WithinOneYear 2014-03-31 04510978 uk-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP
Demeure Developments Limited
For the year ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04510978
2
Contents Page
Demeure Developments Limited
For the year ended 31 March 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Demeure Developments Limited
Accountants' Report
For the year ended 31 March 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
accounts of Demeure Developments Limited for the year ended 31 March 2015 which comprise of 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 to us.
As a practising member of The Chartered Institute of Management Accountants, we are subject to its ethical and
other professional requirements which are detailed at www.cimaglobal.com
This report is made to the company's director in accordance with the terms of our engagement letter 17 May 2011.
Our work has been undertaken solely to prepare for your approval the accounts of Demeure Developments Limited
and state those matters that we have agreed to state to the company's director, as a body, in this report, in
accordance with the requirements of The Chartered Institute of Management Accountants as detailed at
www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the company and the company's director for our work or for this report.
It is your duty to ensure that the company 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 Demeure Developments
Limited. You consider that Demeure Developments Limited is exempt from statutory audit requirement for the year
We have not been instructed to carry out an audit of the financial statement. For this reason, we have not verified
the accuracy or completeness of the accounting records or information and explanations you have given to usand
we do not, therefore, express any opinion on the financial statements.
Chris Grant & Co Ltd
Chartered Management Accountants
87 Huddersfield Road
Mirfield
West Yorkshire
WF14 8AT
12 August 2015
Dated:
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4
Abbreviated Balance Sheet
Demeure Developments Limited
As at 31 March 2015
04510978
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
6,614
8,066
6,614
8,066
Current assets
Stocks
132,500
162,500
Debtors
7,125
6,605
Cash at bank and in hand
9,999
7,970
179,104
147,595
Creditors: amounts falling due within one year
3
(83,134)
(110,154)
64,461
68,950
Net current assets
Total assets less current liabilities
75,564
72,527
75,564
Net assets
72,527
Capital and reserves
Called up share capital
100
4
100
Profit and loss account
75,464
72,427
75,564
72,527
Shareholders funds
For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director 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 director acknowledges his 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: 19 August 2015
Mr Robert Vincent Fletcher Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
Demeure Developments Limited
For the year ended 31 March 2015
1 Accounting Policies
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
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
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:
Plant and Machinery
18% Reducing balance
Motor Vehicles
18% Reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
22,169
At 01 April 2014
At 31 March 2015
22,169
Depreciation
14,103
At 01 April 2014
1,452
Charge for year
15,555
At 31 March 2015
Net book values
At 31 March 2015
6,614
8,066
At 31 March 2014
2015
3 Creditors: amounts falling due within one year
£
£
2014
-
3,919
Bank loans and overdrafts (secured)
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6
Notes to the Abbreviated Financial Statements
Demeure Developments Limited
For the year ended 31 March 2015
4 Share capital
Allotted called up and fully paid
2015
2014
£
£
100 Ordinary £1 shares of £1.00 each
100
100
100
100
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