Newcav Trading Limited - Limited company - abbreviated - 11.6
Newcav Trading Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 31 March 2014 |
for |
Newcav Trading Limited |
Newcav Trading Limited (Registered number: 08160805) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 March 2014 |
Page |
Abbreviated Balance Sheet | 1 |
Notes to the Abbreviated Accounts | 3 |
Newcav Trading Limited (Registered number: 08160805) |
Abbreviated Balance Sheet |
31 March 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
Newcav Trading Limited (Registered number: 08160805) |
Abbreviated Balance Sheet - continued |
31 March 2014 |
The financial statements were approved by the Board of Directors on |
Newcav Trading Limited (Registered number: 08160805) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 March 2014 |
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). |
Exemption from preparing a cash flow statement |
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
small company. |
Turnover |
Turnover represents the share of proceeds from the sale of trading properties and the share of other income |
arising from the property trading projects' property activities all excluding value added tax. Income from the |
share of sales of trading properties is recognised on legal completion of the sale. All turnover arises within the |
United Kingdom. |
Stocks |
Stocks are stated at the lower of share of cost, including work in progress, and share of net realisable value. |
Work in progress comprises all direct costs of redeveloping property, site overheads and other attributable |
overheads. |
Joint arrangements |
The company has interests in Limited Liability Partnerships which, in accordance with the classifications set out |
in Financial Reporting Standard 9, are joint arrangements that are not separate business entities. Accordingly, the |
company accounts for these joint arrangements by reference to its shares of elements of the joint arrangements' |
results, and company's own assets, liabilities and cash. |
2. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 April 2013 |
and 31 March 2014 | 1,000 |
NET BOOK VALUE |
At 31 March 2014 |
At 31 March 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |