Abbreviated Company Accounts - WELLFIELD ESTATES LTD

WELLFIELD ESTATES LTD - Company Information

04620210 WELLFIELD ESTATES LTD 2014-12-31 false 2014-01-01 2014-12-31 true 04620210 2014-01-01 2014-12-31 04620210 2014-12-31 04620210 2013-12-31 04620210 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04620210 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 04620210

WELLFIELD ESTATES LTD

Abbreviated Accounts

31 December 2014

WELLFIELD ESTATES LTD Registered Number 04620210

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	750,000	750,000
		750,000	750,000
Current assets
Debtors		340,063	340,063
Cash at bank and in hand		59,583	63,253
		399,646	403,316
Creditors: amounts falling due within one year	3	(48,186)	(56,614)
Net current assets (liabilities)		351,460	346,702
Total assets less current liabilities		1,101,460	1,096,702
Creditors: amounts falling due after more than one year	3	(237,408)	(260,623)
Total net assets (liabilities)		864,052	836,079
Capital and reserves
Called up share capital	4	4	4
Revaluation reserve		151,859	151,859
Profit and loss account		712,189	684,216
Shareholders' funds		864,052	836,079

For the year ending 31 December 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 25 September 2015

And signed on their behalf by:
J Heifetz, Director

WELLFIELD ESTATES LTD Registered Number 04620210

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
At 1 January 2014	750,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	750,000
Depreciation
At 1 January 2014	-
Charge for the year	-
On disposals	-
At 31 December 2014	-
Net book values
At 31 December 2014	750,000
At 31 December 2013	750,000

3Creditors

	2014 £	2013 £
Secured Debts	14,000	14,000
Instalment debts due after 5 years	235,700	258,915

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
4 Ordinary shares of £1 each	4	4