Evesbatch Developments Limited - Period Ending 2015-09-30

Registration number: 07138243

Evesbatch Developments Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2015
 

Evesbatch Developments Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Evesbatch Developments Limited
(Registration number: 07138243)
Abbreviated Balance Sheet at 30 September 2015

		Note			2015 £			2014 £
Fixed assets
Investments					-			161,699
Current assets
Debtors					4,427			101,581
Cash at bank and in hand					102,115			258,993
					106,542			360,574
Creditors: Amounts falling due within one year					(1,500)			(29,060)
Net current assets					105,042			331,514
Net assets					105,042			493,213
Capital and reserves
Called up share capital		3			1,500			200,000
Share premium account					-			187,500
Profit and loss account					103,542			105,713
Shareholders' funds					105,042			493,213

For the year ending 30 September 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 director acknowledges his 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 director on 30 June 2016

.........................................
Mr Philip Basil Blackwell
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Evesbatch Developments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 the net income derived from the company's participation in operating partnerships and is shown on the accruals basis.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Investments £			Total £
Cost
At 1 October 2014		161,699			161,699
Disposals		(161,699)			(161,699)
At 30 September 2015		-			-
Depreciation
At 30 September 2015		-			-
Net book value
At 30 September 2015		-			-
At 30 September 2014		161,699			161,699

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £0.50 each		3,000			1,500			400,000			200,000

Page 2

Evesbatch Developments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

During the year the share capital was reduced by 397,000 shares. An initial reduction of 237,000 shares took place on 17th October 2014 followed by a further reduction of 160,000 shares on 30th July 2015.

Page 3