Fifteen Developments Limited,Ltd - AccountsLtd - Accounts

Fifteen Developments Limited,Ltd - AccountsLtd - Accounts

FIFTEEN DEVELOPMENTS LIMITED - Company Information

Print Friendly Version

2017-10-01 08676162 2018-09-30 08676162 2017-10-01 2018-09-30 08676162 2017-09-30 08676162 2016-10-01 2017-09-30 08676162 uk-core:WithinOneYear 2017-09-30 08676162 uk-core:WithinOneYear 2018-09-30 08676162 uk-core:AfterOneYear 2017-09-30 08676162 uk-core:AfterOneYear 2018-09-30 08676162 uk-core:ShareCapital 2018-09-30 08676162 uk-core:ShareCapital 2017-09-30 08676162 uk-core:RetainedEarningsAccumulatedLosses 2018-09-30 08676162 uk-core:RetainedEarningsAccumulatedLosses 2017-09-30 08676162 uk-bus:Director1 2017-10-01 2018-09-30 08676162 uk-core:WithinOneYear uk-core:Secured 2018-09-30 08676162 uk-core:WithinOneYear uk-core:Secured 2017-09-30 iso4217:GBP 08676162 uk-bus:AuditExemptWithAccountantsReport 2017-10-01 2018-09-30 08676162 uk-bus:FRS102 2017-10-01 2018-09-30 08676162 uk-bus:FullAccounts 2017-10-01 2018-09-30 08676162 uk-bus:PrivateLimitedCompanyLtd 2017-10-01 2018-09-30
Fifteen Developments Limited
Registered Number:08676162
For the year ended 30 September 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2018
Fifteen Developments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 September 2018
Fifteen Developments Limited
Statement of Financial Position
Registered Number :
08676162
£
£
2017
2018
Notes
Current assets
Inventories
1,039,600
541,300
2
Trade and other receivables
26,381
215,509
3
489,902
Cash and cash equivalents
1,107,300
1,864,109
1,555,883
Trade and other payables: amounts falling due within one
year
(1,126,361)
(1,606,818)
4
429,522
257,291
Net current assets
Total assets less current liabilities
257,291
429,522
Trade and other payables: amounts falling due after more
than one year
(413,278)
-
5
257,291
Net assets
16,244
Capital and reserves
Called up share capital
1
1
Retained earnings
257,290
16,243
257,291
16,244
Shareholders' funds
For the year ended 30 September 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Paul Louis Viner Director
These financial statements were approved and authorised for issue by the Board on 23 April 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 September 2018
Fifteen Developments Limited
Notes to the Financial Statements
Statutory Information
Fifteen Developments Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08676162.
Registered address:
Suite 7 North Wing
Warlies Park House, Horseshoe Hill
Upshire
Essex
EN9 3SL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Inventories
2017
2018
£
£
Stocks
541,300
1,039,600
3. Trade and other receivables
2017
2018
£
£
Other debtors
215,509
26,381
2 of 3
5
For the year ended 30 September 2018
Fifteen Developments Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Bank loans and overdraft (secured)
-
34,044
Trade creditors
344
15,665
Taxation and social security
51,970
-
Accruals and deferred income
623,035
86,703
Directors' loan accounts
24,327
24,327
Other creditors
907,142
965,622
1,606,818
1,126,361
5. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Bank loans and overdraft (secured)
-
413,278
3 of 3