Abbreviated Company Accounts - GLADSTONE DEVELOPMENTS LIMITED

GLADSTONE DEVELOPMENTS LIMITED - Company Information

04541177 GLADSTONE DEVELOPMENTS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04541177 2014-04-01 2015-03-31 04541177 2015-03-31 04541177 2014-03-31 04541177 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04541177 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 04541177

GLADSTONE DEVELOPMENTS LIMITED

Abbreviated Accounts

31 March 2015

GLADSTONE DEVELOPMENTS LIMITED Registered Number 04541177

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		320,000	320,000
Debtors		181,111	180,352
Cash at bank and in hand		183	8,397
		501,294	508,749
Creditors: amounts falling due within one year		(434,083)	(426,436)
Net current assets (liabilities)		67,211	82,313
Total assets less current liabilities		67,211	82,313
Total net assets (liabilities)		67,211	82,313
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		67,111	82,213
Shareholders' funds		67,211	82,313

For the year ending 31 March 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 24 March 2016

And signed on their behalf by:
F J Murray, Director

GLADSTONE DEVELOPMENTS LIMITED Registered Number 04541177

Notes to the Abbreviated Accounts for the period ended 31 March 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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 20% straight line
Motor vehicles 25% straight line

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100