Abbreviated Company Accounts - TK DEVELOPMENTS LIMITED

TK DEVELOPMENTS LIMITED - Company Information

01895730 TK DEVELOPMENTS LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 01895730 2013-09-01 2014-08-31 01895730 2014-08-31 01895730 2013-08-31 01895730 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 01895730 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 01895730

TK DEVELOPMENTS LIMITED

Abbreviated Accounts

31 August 2014

TK DEVELOPMENTS LIMITED Registered Number 01895730

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	400	533
Investments	3	135,161	-
		135,561	533
Current assets
Debtors		3,197	323
Cash at bank and in hand		396,839	1,079,320
		400,036	1,079,643
Creditors: amounts falling due within one year		(32,297)	(559,891)
Net current assets (liabilities)		367,739	519,752
Total assets less current liabilities		503,300	520,285
Total net assets (liabilities)		503,300	520,285
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		502,300	519,285
Shareholders' funds		503,300	520,285

For the year ending 31 August 2014 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 18 May 2015

And signed on their behalf by:
D M Bevan, Director

TK DEVELOPMENTS LIMITED Registered Number 01895730

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover comprises revenue recognised by the company in respect of property development services supplied during the year, 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 rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Equipment - 25% on a reducing balance

Valuation information and policy
Investments

Investments held as fixed assets are shown at cost less provision for impairment.

2Tangible fixed assets

	£
Cost
At 1 September 2013	11,288
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	11,288
Depreciation
At 1 September 2013	10,755
Charge for the year	133
On disposals	-
At 31 August 2014	10,888
Net book values
At 31 August 2014	400
At 31 August 2013	533

3Fixed assets Investments
Cost or valuation
At 1 September 2013 - £Nil
Additions - £139,454
At 31 August 2014 - £139,454

Impairment
At 1 September 2013 - £Nil
Charge for the year - £4,293
At 31 August 2014 - £4,293

Net book value
At 31 August 2014 - £135,161
At 31 August 2013 - £Nil

Listed investments
The market value of the listed investments at 31 August 2014 was £135,198 (2013 - £NIL).

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000