Archetype Developments UK Limited - Period Ending 2015-03-31

ARCHETYPE DEVELOPMENTS UK LIMITED - Company Information

Registration number: 03324418

Archetype Developments UK Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014

Roberts and Partners
4 Dancastle Court
14 Arcadia Avenue
London
N3 2JU

Archetype Developments UK Limited

Contents

Year Ended 31 March 2014

Abbreviated Balance Sheet	1
Notes to the Abbreviated Accounts	2 to 3

Archetype Developments UK Limited

(Registration number: 03324418)
Abbreviated Balance Sheet as at 31 March 2014

	Note	2014 £	2013 £
Current assets
Debtors	2	71,494	-
Cash at bank and in hand		5,364	37,328
		76,858	37,328
Creditors: Amounts falling due within one year		(131,044)	(117,544)
Total assets less current liabilities		(54,186)	(80,216)
Creditors: Amounts falling due after more than one year		(42,744)	-
Accruals and deferred income		(3,000)	(4,618)
Net liabilities		(99,930)	(84,834)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(99,932)	(84,836)
		(99,930)	(84,834)

For the year ending 31 March 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 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 16 October 2014

.........................................
Mr M Parvardin
Director

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

Archetype Developments UK Limited

Notes to the Abbreviated Accounts for the Year Ended 31 March 2014

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 (FRSSE) (effective April 2008).

Exemption from preparing a cash flow statement

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents the invoiced value of services provided net of value added tax and includes rents receivable.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Impairment of fixed assets

Intangible and tangible fixed assets are reviewed for impairment when changes in circumstances or events indicate that the carrying value of the fixed assets may not be recoverable. An impairment loss is recognised where the recoverable amount is less than the carrying value.

Investment properties

Investment properties are re-valued annually on an open market value by the director of the company, Mr M Parvardin.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Debtors

Debtors includes £42,744 (2013 - £Nil) receivable after more than one year.

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

Archetype Developments UK Limited

Notes to the Abbreviated Accounts for the Year Ended 31 March 2014

Share capital

Allotted, called up and fully paid shares

	2014		2013
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

Control

The director is the controlling party by virtue of his controlling shareholding in the company.

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