Abbreviated Company Accounts - WELLFIELD ESTATES LTD

WELLFIELD ESTATES LTD - Company Information

04620210 WELLFIELD ESTATES LTD 2015-12-31 false 2015-01-01 2015-12-31 true 04620210 2015-01-01 2015-12-31 04620210 2015-12-31 04620210 2014-12-31 04620210 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04620210 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 04620210

WELLFIELD ESTATES LTD

Abbreviated Accounts

31 December 2015

WELLFIELD ESTATES LTD Registered Number 04620210

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	750,000	750,000
		750,000	750,000
Current assets
Debtors		354,063	340,063
Cash at bank and in hand		53,878	59,583
		407,941	399,646
Creditors: amounts falling due within one year	3	(27,284)	(48,186)
Net current assets (liabilities)		380,657	351,460
Total assets less current liabilities		1,130,657	1,101,460
Creditors: amounts falling due after more than one year	3	(227,667)	(237,408)
Total net assets (liabilities)		902,990	864,052
Capital and reserves
Called up share capital	4	4	4
Revaluation reserve		151,859	151,859
Profit and loss account		751,127	712,189
Shareholders' funds		902,990	864,052

For the year ending 31 December 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 April 2016

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 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.

2Tangible fixed assets

	£
Cost
At 1 January 2015	750,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	750,000
Depreciation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	750,000
At 31 December 2014	750,000

3Creditors

	2015 £	2014 £
Instalment debts due after 5 years	225,959	235,700

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

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4