HIGHFIELD DEVELOPMENTS (SWANAGE) LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06958668 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2013

for

HIGHFIELD DEVELOPMENTS (SWANAGE) LIMITED

Page

Company Information

1

Statement by the Directors

2

Chartered Accountants' Independent Assurance Report

3

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

M E Barstow

A R Barstow

REGISTERED OFFICE:

Unit 31

Basepoint Business Centre

1 Winnall Valley Road

Winchester

Hampshire

SO23 0LD

REGISTERED NUMBER:

06958668 (England and Wales)

ACCOUNTANTS:

Poolemead Accountants Limited

39 Chapel Road

West End

Southampton

Hampshire

SO30 3FG

We confirm that as directors we have met our duty in accordance with the Companies Act 2006 to:

-	ensure that the company has kept proper accounting records;

-	prepare financial statements which give a true and fair view of the state of the company as at 31 July 2013 and of its loss for that period in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008); and

-	follow the applicable accounting policies, subject to any material departures disclosed and explained in the notes to the financial statements.

ON BEHALF OF THE BOARD:

M E Barstow - Director

28 July 2014

We have performed certain procedures in respect of the company's unaudited financial statements for the year ended

31 July 2013 on pages nil to nil, made enquiries of the company's directors and assessed accounting policies adopted by

the directors, in order to gather sufficient evidence for our conclusion in this report.

This report is made solely to the company's directors, as a body, in accordance with our terms of engagement. It has

been released to the directors on the basis that this report shall not be copied, referred to or disclosed, in whole (save for

the directors' own internal purposes or as may be required by law or by a competent regulator) or in part, without our

prior written consent. Our work has been undertaken so that we might state to the directors those matters that we have

agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or

assume responsibility to anyone other than the company and the company's directors as a body for our work, for this

report or the conclusions we have formed.

Respective responsibilities

You have confirmed that you have met your duty as set out in the directors' statement on page nil. You consider that the

company is exempt from the statutory requirement for an audit for the year. Our responsibility is to form and express an

independent conclusion, based on the work carried out, to you on the financial statements.

Scope

We conducted our engagement in accordance with the Institute of Chartered Accountants in England & Wales Interim

Technical Release AAF 03/06. Our work was based primarily upon enquiry, analytical procedures and assessing

accounting policies in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). If

we considered it to be necessary, we also performed limited examination of evidence relevant to certain balances and

disclosures in the financial statements where we became aware of matters that might indicate a risk of material

misstatement in the financial statements.

The terms of our engagement exclude any requirement to carry out a comprehensive assessment of the risks of material

misstatement, a consideration of fraud, laws, regulations or internal controls, and we have not done so. We are not

required to, and we do not, express an audit opinion on these financial statements.

Conclusion

Based on our work, nothing has come to our attention to refute the directors' confirmation that in accordance with the

Companies Act 2006 the financial statements give a true and fair view of the state of the company's affairs as at

31 July 2013 and of its loss for the year then ended and have been properly prepared in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Poolemead Accountants Limited

39 Chapel Road

West End

Southampton

Hampshire

SO30 3FG

28 July 2014

CURRENT ASSETS

Work in Progress

3,373,345

2,334,036

Debtors

21,468

21,228

Cash at bank

5,363

35,631

3,400,176

2,390,895

CREDITORS

Amounts falling due within one year

2

2,340,496

1,986,316

NET CURRENT ASSETS

1,059,680

404,579

TOTAL ASSETS LESS CURRENT LIABILITIES

1,059,680

404,579

CREDITORS

Amounts falling due after more than one year

2

1,073,622

410,000

NET LIABILITIES

(13,942

)

(5,421

)

CAPITAL AND RESERVES

Called up share capital

3

20

20

Profit and loss account

(13,962

)

(5,441

)

SHAREHOLDERS' FUNDS

(13,942

)

(5,421

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2013 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 28 July 2014 and were signed on its behalf by:

M E Barstow - Director

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 April 2008).

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the

balance sheet date.

2.

CREDITORS

Creditors include an amount of £ 0 (2012 - £ 1,986,316 ) for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

20

Ordinary

1

20

20

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors have given personal guarantees of up to £725,000 on a joint and several basis, in respect of certain

loans to the company.