Abbreviated Company Accounts - DEVON AND DORSET PROPERTIES LIMITED

Abbreviated Company Accounts - DEVON AND DORSET PROPERTIES LIMITED


Registered Number 04065392

DEVON AND DORSET PROPERTIES LIMITED

Abbreviated Accounts

30 September 2016

DEVON AND DORSET PROPERTIES LIMITED Registered Number 04065392

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 547,335 72,000
547,335 72,000
Current assets
Stocks 2,410,403 1,140,873
Debtors 163,251 142,705
Cash at bank and in hand 35,177 616,298
2,608,831 1,899,876
Creditors: amounts falling due within one year (2,244,910) (1,167,713)
Net current assets (liabilities) 363,921 732,163
Total assets less current liabilities 911,256 804,163
Total net assets (liabilities) 911,256 804,163
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 911,255 804,162
Shareholders' funds 911,256 804,163
  • For the year ending 30 September 2016 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 28 June 2017

And signed on their behalf by:
Raymond Mcintyre, Director

DEVON AND DORSET PROPERTIES LIMITED Registered Number 04065392

Notes to the Abbreviated Accounts for the period ended 30 September 2016

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:-

Plant & machinery 5% straight line

2Tangible fixed assets
£
Cost
At 1 October 2015 80,000
Additions 479,335
Disposals -
Revaluations -
Transfers -
At 30 September 2016 559,335
Depreciation
At 1 October 2015 8,000
Charge for the year 4,000
On disposals -
At 30 September 2016 12,000
Net book values
At 30 September 2016 547,335
At 30 September 2015 72,000
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1Ordinary shares of £1 each 1 1