|
THE DEVELOPMENTS FACTORY (UK) LIMITED
REGISTERED NUMBER: 06856484
ABBREVIATED BALANCE SHEET
AS AT 31 MARCH 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year
|
|
|
|
|
|
|
|
|
|
|
|
|
The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2013 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 11 August 2014.
The notes on page 2 form part of these abbreviated accounts.
- 1 -
|
|
THE DEVELOPMENTS FACTORY (UK) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2013
1.Accounting Policies
|
|
|
Basis of preparation of financial statements
|
|
|
|
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 (effective April 2008).
|
|
|
|
|
|
|
|
Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.
|
|
|
|
|
|
|
|
The company is dependent upon the financial support of its related entities. The directors have received assurances from their related entities that they will continue to provide the financial support necessary to enable the company to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on the going concern basis.
|
2.Share capital
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.Director's benefits: advances, credit and guarantees
Included in other debtors is a loan to J Singh of £29,814 (2012: £Nil). Advances of £38,868 and repayments of £9,554 were made in the year. The loan is interest free and repayable on demand.
4.Ultimate parent undertaking
The company is a wholly owned subsidiary of Lascelles Group Limited.
- 2 -
|
