Darwin Developments Limited - Limited company - abbreviated - 11.0.0
Darwin Developments Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| DARWIN DEVELOPMENTS LIMITED |
| DARWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03921522) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Certified Accountants' Report | 5 |
| DARWIN DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| DIRECTORS: |
| SECRETARIES: |
| J Marriott |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| DARWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03921522) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 2 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on |
| DARWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03921522) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 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 goods, excluding value added tax. |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | CREDITORS |
| Creditors include an amount of £ |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| ordinary | £1 |
| 4. | RELATED PARTY DISCLOSURES |
| A controlling partner of Elsmore Construction Partnership. |
| During the year, the company paid construction costs of £87,185 (2013 - £42,568) to Elsmore Construction |
| Partnership. |
| A controlling director and shareholder of the company. |
| During the year the director Mr D Wenman received interest on the balance of his director's loan account of |
| £27,994 (2013: - £25,440). |
| 2014 | 2013 |
| £ | £ |
| Amount due from/(to) related party at balance sheet date |
| ( |
) | ( |
) |
| DARWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03921522) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 5. | GOING CONCERN |
| The accounts have been prepared on a going concern basis as in the opinion of the directors, the company will |
| become profitable in future years. The directors will continue to support the company with their loans for the |
| foreseeable future. |
| CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| DARWIN DEVELOPMENTS LIMITED |
| 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 two to four) |
| 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 Darwin Developments Limited for the year ended 31 March 2014 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 Darwin 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 |
| Darwin Developments Limited and state those matters that we have agreed to state to the Board of Directors of Darwin |
| 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 Darwin 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 Darwin |
| Developments Limited. You consider that Darwin Developments Limited is exempt from the statutory audit requirement |
| for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Darwin 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. |
| Chartered Certified Accountants |
| 22 July 2014 |