Abbreviated Company Accounts - MASSEREENE DEVELOPMENTS LIMITED

MASSEREENE DEVELOPMENTS LIMITED - Company Information

NI613079 MASSEREENE DEVELOPMENTS LIMITED 2014-02-28 false 2013-07-01 2014-02-28 true NI613079 2013-07-01 2014-02-28 NI613079 2014-02-28 NI613079 2013-06-30 NI613079 uk-gaap-cd-bus:Director1 2013-07-01 2014-02-28 NI613079 uk-gaap-cd-bus:Director2 2013-07-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number NI613079

MASSEREENE DEVELOPMENTS LIMITED

Abbreviated Accounts

28 February 2014

MASSEREENE DEVELOPMENTS LIMITED Registered Number NI613079

Abbreviated Balance Sheet as at 28 February 2014

	Notes	28/02/2014	30/06/2013
		£	£
Current assets
Stocks		604,401	517,079
Debtors		67,287	71,539
Cash at bank and in hand		126,211	115,864
		797,899	704,482
Creditors: amounts falling due within one year	2	(309,860)	(290,976)
Net current assets (liabilities)		488,039	413,506
Total assets less current liabilities		488,039	413,506
Creditors: amounts falling due after more than one year	2	(380,000)	(380,000)
Total net assets (liabilities)		108,039	33,506
Capital and reserves
Called up share capital	3	200	200
Profit and loss account		107,839	33,306
Shareholders' funds		108,039	33,506

For the year ending 28 February 2014 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 26 November 2014

And signed on their behalf by:
W Horwood, Director

MASSEREENE DEVELOPMENTS LIMITED Registered Number NI613079

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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 net invoiced sales of goods, excluding value added tax.

Other accounting policies
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.

2Creditors

	28/02/2014 £	30/06/2013 £
Non-instalment debts due after 5 years	380,000	380,000

3Called Up Share Capital
Allotted, called up and fully paid:

	28/02/2014 £	30/06/2013 £
200 Ordinary shares of £1 each	200	200