Abbreviated Company Accounts - PORTWELL DEVELOPMENTS LTD

Abbreviated Company Accounts - PORTWELL DEVELOPMENTS LTD

PORTWELL DEVELOPMENTS LTD - Company Information

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Registered Number 06345909

PORTWELL DEVELOPMENTS LTD

Abbreviated Accounts

31 October 2014

PORTWELL DEVELOPMENTS LTD Registered Number 06345909

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 6,835 8,843
6,835 8,843
Current assets
Stocks 127,541 153,018
Debtors 3,122 5,295
Cash at bank and in hand 11,034 14,307
141,697 172,620
Creditors: amounts falling due within one year (69,371) (134,708)
Net current assets (liabilities) 72,326 37,912
Total assets less current liabilities 79,161 46,755
Accruals and deferred income (1,620) (1,460)
Total net assets (liabilities) 77,541 45,295
Capital and reserves
Called up share capital 20 20
Profit and loss account 77,521 45,275
Shareholders' funds 77,541 45,295
  • For the year ending 31 October 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 24 July 2015

And signed on their behalf by:
T.Jewell, Director
N.Porter, Director

PORTWELL DEVELOPMENTS LTD Registered Number 06345909

Notes to the Abbreviated Accounts for the period ended 31 October 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.

2Tangible fixed assets
£
Cost
At 1 November 2013 20,452
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2014 20,452
Depreciation
At 1 November 2013 11,609
Charge for the year 2,008
On disposals -
At 31 October 2014 13,617
Net book values
At 31 October 2014 6,835
At 31 October 2013 8,843