Abbreviated Company Accounts - BERKSWELL HOMES LTD

BERKSWELL HOMES LTD - Company Information

06115298 BERKSWELL HOMES LTD 2015-02-28 false 2014-03-01 2015-02-28 true 06115298 2014-03-01 2015-02-28 06115298 2015-02-28 06115298 2014-02-28 06115298 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 06115298 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:Director3 2014-03-01 2015-02-28 uk-gaap-cd-bus:Director3 2015-02-28 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 06115298

BERKSWELL HOMES LTD

Abbreviated Accounts

28 February 2015

BERKSWELL HOMES LTD Registered Number 06115298

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	323,427	323,512
		323,427	323,512
Current assets
Cash at bank and in hand		24,704	27,532
		24,704	27,532
Creditors: amounts falling due within one year	3	(170,116)	(172,657)
Net current assets (liabilities)		(145,412)	(145,125)
Total assets less current liabilities		178,015	178,387
Creditors: amounts falling due after more than one year	3	(221,638)	(221,643)
Total net assets (liabilities)		(43,623)	(43,256)
Capital and reserves
Called up share capital	4	80	80
Profit and loss account		(43,703)	(43,336)
Shareholders' funds		(43,623)	(43,256)

For the year ending 28 February 2015 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 18 November 2015

And signed on their behalf by:
Mr Paramjit Singh Samra, Director
Mr Kulwinder Singh Randhawa, Mr Jasvinder Singh Gill, Director

BERKSWELL HOMES LTD Registered Number 06115298

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery straight line 50%
Fixtures and Fittings straight line 50%

Other accounting policies
Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 March 2014	325,476
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	325,476
Depreciation
At 1 March 2014	1,964
Charge for the year	85
On disposals	-
At 28 February 2015	2,049
Net book values
At 28 February 2015	323,427
At 28 February 2014	323,512

3Creditors

	2015 £	2014 £
Secured Debts	221,638	221,643

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

	2015 £	2014 £
80 ORDINARY shares of £1 each	80	80

5Transactions with directors

Name of director receiving advance or credit:	Mr Paramjit Singh Samra, Mr Kulwinder Singh Randhawa and Mr Jasvinder Singh Gill
Description of the transaction:	Related Party Transactions
Balance at 1 March 2014:	£ 166,159
Advances or credits made:	-
Advances or credits repaid:	£ 2,900
Balance at 28 February 2015:	£ 163,259