Oxhey Developments Limited - Abbreviated accounts 16.3
Oxhey Developments Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 30 September 2016 |
for |
Oxhey Developments Limited |
Oxhey Developments Limited (Registered number: 03632053) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 September 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Oxhey Developments Limited |
Company Information |
for the Year Ended 30 September 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Oxhey Developments Limited (Registered number: 03632053) |
Abbreviated Balance Sheet |
30 September 2016 |
30.9.16 | 30.9.15 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
2 |
( |
) |
( |
) |
NET 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 |
Oxhey Developments Limited (Registered number: 03632053) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 September 2016 |
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 January 2015). |
Going concern The accounts are prepared on a going concern basis as whilst development costs are in excess of |
revenues, this situation is not expected to continue as development sites are completed and sold, during |
subsequent periods. |
Stocks/work in progress |
Stock and work in progress is valued on a cost basis and related to the costs of development, to include cost of |
sales items, wages of staff and loan interest directly attributable to development activities. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date except that a deferred tax asset is only recognised to the extent that it is regarded as |
recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the |
timing differences are expected to reverse. |
2. | CREDITORS |
Creditors include an amount of £ |
They also include the following debts falling due in more than five years: |
30.9.16 | 30.9.15 |
£ | £ |
Repayable by instalments | 269,123 | 281,303 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.16 | 30.9.15 |
value: | £ | £ |
Ordinary | £1 |