Landaw Developments Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08789338 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

LANDAW DEVELOPMENTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

O Lanni

A R Dawson

M V Dawson

SECRETARY:

M V Dawson

REGISTERED OFFICE:

Old Market Garden

1 Nye Lane

Ditchling

East Sussex

BN6 8UB

REGISTERED NUMBER:

08789338 (England and Wales)

ACCOUNTANTS:

Hilton Sharp & Clarke

Chartered Accountants

30 New Road

Brighton

East Sussex

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CURRENT ASSETS

Stocks

1,170,745

1,018,546

Debtors

13,146

1,556

Cash at bank and in hand

99,087

9,747

1,282,978

1,029,849

CREDITORS

Amounts falling due within one year

1,325,184

1,030,941

NET CURRENT LIABILITIES

(42,206

)

(1,092

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,206

)

(1,092

)

CAPITAL AND RESERVES

Called up share capital

2

4

Profit and loss account

(42,210

)

(1,096

)

SHAREHOLDERS' FUNDS

(42,206

)

(1,092

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 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 17 August 2016 and were signed on its behalf by:

M V Dawson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis due to the continued support of the directors.

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).

Stocks

Stock represents purchase price plus associated purchase costs of property for resale.

Deferred tax

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

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary A

£1

2

1

Ordinary B

£1

1

Ordinary C

£1

1

4