Amazon Developments Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04241150 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD

1 OCTOBER 2012 TO 31 DECEMBER 2013

FOR

AMAZON DEVELOPMENTS LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

P E Mason

D C Mason

SECRETARY:

P E Mason

REGISTERED OFFICE:

Negys Gorthybow

Schooners Business Park

Bess Park Road

Wadebridge

Cornwall

PL27 6HB

REGISTERED NUMBER:

04241150 (England and Wales)

ACCOUNTANTS:

Alexander & Co.

Chartered Certified Accountants

Negys Gorthybow

Schooners Business Park

Bess Park Road

Wadebridge

Cornwall

PL27 6HB

BANKERS:

Lloyds TSB Bank plc

Wadebridge Branch

14 Molesworth Street

Wadebridge

Cornwall

PL27 7DE

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Amazon Developments Limited for the period ended 31 December 2013 which comprise 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 us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Amazon Developments Limited, as a body, in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Amazon Developments Limited and state those matters that we have agreed to state to the Board of Directors of Amazon

Developments Limited, as a body, in this report in accordance with the requirements of the Association of Chartered

Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we

do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our

work or for this report.

It is your duty to ensure that Amazon Developments Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Amazon

Developments Limited. You consider that Amazon Developments Limited is exempt from the statutory audit

requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Amazon Developments

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alexander & Co.

Chartered Certified Accountants

Negys Gorthybow

Schooners Business Park

Bess Park Road

Wadebridge

Cornwall

PL27 6HB

9 July 2014

FIXED ASSETS

Tangible assets

2

240

346

CURRENT ASSETS

Stocks

1,971,845

998,956

Debtors

137,473

21,099

Cash at bank

296,380

215,626

2,405,698

1,235,681

CREDITORS

Amounts falling due within one year

652,468

78,166

NET CURRENT ASSETS

1,753,230

1,157,515

TOTAL ASSETS LESS CURRENT LIABILITIES

1,753,470

1,157,861

CREDITORS

Amounts falling due after more than one year

1,620,000

885,000

PROVISIONS FOR LIABILITIES

48

-

CAPITAL AND RESERVES

Called up share capital

3

2,000

1,000

Profit and loss account

131,422

271,861

SHAREHOLDERS' FUNDS

133,422

272,861

1,753,470

1,157,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 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 9 July 2014 and were signed on its behalf by:

P E Mason - Director

D C Mason - 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).

Turnover

Turnover represents net invoiced sales of materials and services, excluding value added tax. Turnover from the

property sales and refurbishment is recognised when the risks and rewards of ownership are transferred to the

customer. The risks and rewards are transferred to the customer upon completion of works.Turnover from

services is recognised on completion of contract or works, taking into account uninvoiced work on continous

contracts at the year end.

Tangible fixed assets

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

Computer equipment

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and is calculated based upon a standard margin on sales in the year.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2012

and 31 December 2013

4,159

DEPRECIATION

At 1 October 2012

3,813

Charge for period

106

At 31 December 2013

3,919

NET BOOK VALUE

At 31 December 2013

240

At 30 September 2012

346

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

30.9.12

value:

£

£

1,000

Ordinary 'A'

£1

1,000

1,000

1,000

Ordinary 'B'

£1

1,000

-

2,000

1,000

The following shares were issued during the period for cash at par :

1,000 Ordinary 'B' shares of £1

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year Mr P E Mason, a Director, made purchases from the Company of £340,569, this was paid out of

Mr Mason's Director's loan account. At the year end a balance of £135,117 is owed to Amazon Developments

Ltd, this is to be paid within 9 months of the balance sheet date.

During the year Mr D C Mason, a Director, made purchases from the Company of £371,799, this was paid out of

Mr Mason's Director's loan account. At the year end a balance of £328 is owed to Amazon Developments Ltd,

this is to be paid within 9 months of the balance sheet date.