Abbreviated Company Accounts - EAST LONDON DEVELOPMENTS LIMITED

EAST LONDON DEVELOPMENTS LIMITED - Company Information

07148642 EAST LONDON DEVELOPMENTS LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 07148642 2014-03-01 2015-02-28 07148642 2015-02-28 07148642 2014-02-28 07148642 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 07148642 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 07148642

EAST LONDON DEVELOPMENTS LIMITED

Abbreviated Accounts

28 February 2015

EAST LONDON DEVELOPMENTS LIMITED Registered Number 07148642

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	620	689
		620	689
Current assets
Stocks		145	150
Cash at bank and in hand		73,051	43,022
		73,196	43,172
Creditors: amounts falling due within one year		(71,785)	(43,230)
Net current assets (liabilities)		1,411	(58)
Total assets less current liabilities		2,031	631
Total net assets (liabilities)		2,031	631
Capital and reserves
Called up share capital	3	100	1
Profit and loss account		1,931	630
Shareholders' funds		2,031	631

For the year ending 28 February 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 May 2015

And signed on their behalf by:
TEMUR IQBAL MIR, Director
NASIR IQBAL, Director

EAST LONDON DEVELOPMENTS LIMITED Registered Number 07148642

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixture & Fitting Straight Line 10%

Valuation information and policy
Stocks and work -in-progress 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 expenditure and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 March 2014	850
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	850
Depreciation
At 1 March 2014	161
Charge for the year	69
On disposals	-
At 28 February 2015	230
Net book values
At 28 February 2015	620
At 28 February 2014	689

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each (1 shares for 2014)	100	1