Llandinam Developers Limited - Limited company - abbreviated

REGISTERED NUMBER: 02830586 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2014

for

Llandinam Developers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

The Lord Davies

SECRETARY:

Lady Davies

REGISTERED OFFICE:

Maethfa

Llandinam

Powys

SY17 5AB

REGISTERED NUMBER:

02830586 (England and Wales)

ACCOUNTANTS:

Andrew Morgan

Chartered Accountant

Oaklea

Llansantffraid

Powys

SY22 6TE

CURRENT ASSETS

Stocks

39,228

Debtors

1,566

1,835

Cash at bank

685

834

41,479

41,897

CREDITORS

Amounts falling due within one year

13,824

12,824

NET CURRENT ASSETS

27,655

29,073

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,655

29,073

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

27,653

29,071

SHAREHOLDERS' FUNDS

27,655

29,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5 March 2015 and were signed by:

The Lord Davies - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Operating lease income

Operating lease income is credited to profit on an accruals basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

4,654

DEPRECIATION

At 1 July 2013

and 30 June 2014

4,654

NET BOOK VALUE

At 30 June 2014

-

At 30 June 2013

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

2

Ordinary Shares

£1

2

Llandinam Developers Limited - Limited company - abbreviated - 11.6

Llandinam Developers Limited - Limited company - abbreviated - 11.6