Westow Street Developments Ltd - Limited company - abbreviated - 11.6
Westow Street Developments Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| FOR |
| WESTOW STREET DEVELOPMENTS LTD |
| WESTOW STREET DEVELOPMENTS LTD (REGISTERED NUMBER: 05257501) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| WESTOW STREET DEVELOPMENTS LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| WESTOW STREET DEVELOPMENTS LTD (REGISTERED NUMBER: 05257501) |
| ABBREVIATED BALANCE SHEET |
| 28 FEBRUARY 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Revaluation reserve |
| 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. |
| WESTOW STREET DEVELOPMENTS LTD (REGISTERED NUMBER: 05257501) |
| ABBREVIATED BALANCE SHEET - continued |
| 28 FEBRUARY 2015 |
| The financial statements were approved by the Board of Directors on |
| WESTOW STREET DEVELOPMENTS LTD (REGISTERED NUMBER: 05257501) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets 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. |
| Investment property |
| Investment properties are shown at most recent valuation. Individual freehold and leasehold properties are |
| revalued every year by the directors except where a property has been externally revalued within the last three |
| years, with the surplus or deficit on book value being transferred to the revaluation reserve, unless a deficit (or its |
| reversal) is expected to be permanent, in which case it is charged to the profit and loss account. On the disposal |
| of a revalued fixed asset, any related balance in the revaluation reserve is also transferred to the profit and loss |
| account as a movement on reserves. |
| The valuation as at 29th February 2013 was carried out by the directors. The basis of valuation was market value |
| subject to existing tenancies where applicable. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 March 2014 |
| Disposals | ( |
) |
| At 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary shares | £1 |