Birchwood Property Development Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08858517 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 23 JANUARY 2014 TO 31 JANUARY 2015

FOR

BIRCHWOOD PROPERTY DEVELOPMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R J Batho

F Batho

D Palmer

REGISTERED OFFICE:

6 Birchwood Park

Forest Town

Mansfield

Nottinghamshire

NG19 0JN

REGISTERED NUMBER:

08858517 (England and Wales)

FIXED ASSETS

Intangible assets

2

9,000

Tangible assets

3

338

9,338

CURRENT ASSETS

Stocks

102,663

Cash at bank and in hand

97,026

199,689

CREDITORS

Amounts falling due within one year

84,235

NET CURRENT ASSETS

115,454

TOTAL ASSETS LESS CURRENT LIABILITIES

124,792

CREDITORS

Amounts falling due after more than one year

150,000

NET LIABILITIES

(25,208

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(25,308

)

SHAREHOLDERS' FUNDS

(25,208

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 October 2015 and were signed on its behalf by:

D Palmer - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost and 25% on 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Going concern

The directors consider the company to be a going concern due to the ongoing financial support of the

shareholders and principal investors

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,000

At 31 January 2015

10,000

AMORTISATION

Amortisation for period

1,000

At 31 January 2015

1,000

NET BOOK VALUE

At 31 January 2015

9,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

450

At 31 January 2015

450

DEPRECIATION

Charge for period

112

At 31 January 2015

112

NET BOOK VALUE

At 31 January 2015

338

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100