Abbreviated Company Accounts - DURHAM VALE DEVELOPMENTS LIMITED

Abbreviated Company Accounts - DURHAM VALE DEVELOPMENTS LIMITED

DURHAM VALE DEVELOPMENTS LIMITED - Company Information

Print Friendly Version

Registered Number 05445464

DURHAM VALE DEVELOPMENTS LIMITED

Abbreviated Accounts

30 September 2014

DURHAM VALE DEVELOPMENTS LIMITED Registered Number 05445464

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 44,055 48,060
Tangible assets 3 1,214,159 1,217,433
Investments - -
1,258,214 1,265,493
Current assets
Stocks - -
Debtors 36,000 10,000
Investments - -
Cash at bank and in hand 55,409 71,619
91,409 81,619
Prepayments and accrued income - -
Creditors: amounts falling due within one year (65,595) (71,378)
Net current assets (liabilities) 25,814 10,241
Total assets less current liabilities 1,284,028 1,275,734
Creditors: amounts falling due after more than one year (1,200,000) (1,200,000)
Provisions for liabilities - 0
Accruals and deferred income 0 0
Total net assets (liabilities) 84,028 75,734
Capital and reserves
Called up share capital 200 200
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 83,828 75,534
Shareholders' funds 84,028 75,734
  • For the year ending 30 September 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 20 May 2015

And signed on their behalf by:
M J Williams, Director

DURHAM VALE DEVELOPMENTS LIMITED Registered Number 05445464

Notes to the Abbreviated Accounts for the period ended 30 September 2014

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
Depreciation represents gross fees received

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

Plant and Machinery - 20% on cost

Intangible assets amortisation policy
Goodwill being the amount paid in the connection with the acquisition of the business in 2006 is being amortised over its estimated useful life of 20 years.

2Intangible fixed assets
£
Cost
At 1 October 2013 80,100
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2014 80,100
Amortisation
At 1 October 2013 32,040
Charge for the year 4,005
On disposals 0
At 30 September 2014 36,045
Net book values
At 30 September 2014 44,055
At 30 September 2013 48,060
3Tangible fixed assets
£
Cost
At 1 October 2013 1,254,385
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2014 1,254,385
Depreciation
At 1 October 2013 36,952
Charge for the year 3,274
On disposals 0
At 30 September 2014 40,226
Net book values
At 30 September 2014 1,214,159
At 30 September 2013 1,217,433