CRESTVILLE DEVELOPMENTS LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03569971 (England and Wales)

Abbreviated Accounts for the Year Ended 31 May 2014

for

CRESTVILLE DEVELOPMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss A R Anderson

Ms A J Cox

SECRETARY:

J M Cox

REGISTERED OFFICE:

5 Crossborough Gardens

Basingstoke

Hampshire

RG21 4LB

REGISTERED NUMBER:

03569971 (England and Wales)

ACCOUNTANTS:

Online Tax Returns Ltd

5 Crossborough Gardens

Basingstoke

Hampshire

RG21 4LB

FIXED ASSETS

Tangible assets

2

-

1,480

Investment property

3

421,781

351,300

421,781

352,780

CURRENT ASSETS

Debtors

500

500

Cash at bank

33,079

29,192

33,579

29,692

CREDITORS

Amounts falling due within one year

88,716

87,978

NET CURRENT LIABILITIES

(55,137

)

(58,286

)

TOTAL ASSETS LESS CURRENT LIABILITIES

366,644

294,494

CAPITAL AND RESERVES

Called up share capital

4

100

100

Revaluation reserve

152,058

82,058

Profit and loss account

214,486

212,336

SHAREHOLDERS' FUNDS

366,644

294,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 2 February 2015 and were signed on its behalf by:

Miss A R Anderson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

11,889

DEPRECIATION

At 1 June 2013

10,409

Charge for year

1,480

At 31 May 2014

11,889

NET BOOK VALUE

At 31 May 2014

-

At 31 May 2013

1,480

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 June 2013

351,300

Additions

481

Revaluations

70,000

At 31 May 2014

421,781

NET BOOK VALUE

At 31 May 2014

421,781

At 31 May 2013

351,300

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company owes the director a sum of £85,533 at 31st May 2014 ( 2013 - £81,760).

6.	ULTIMATE CONTROLLING PARTY

The controlling party is J M Cox.