ELVIN_ESTATES_LIMITED - Accounts

ELVIN ESTATES LIMITED - Company Information

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Company Registration No. 08349949 (England and Wales)

ELVIN ESTATES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

ELVIN ESTATES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

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2015

2014

Notes

Fixed assets

Tangible assets

25,782

19,933

Current assets

Debtors

19,745

24,273

Cash at bank and in hand

153,645

107,899

173,390

132,172

Creditors: amounts falling due within one year

(163,599)

(134,974)

Net current assets/(liabilities)

9,791

(2,802)

Total assets less current liabilities

35,573

17,131

Creditors: amounts falling due after more than one year

(17,253)

(8,155)

18,320

8,976

Capital and reserves

Called up share capital

1,000

Profit and loss account

17,320

7,976

Shareholders' funds

18,320

8,976

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 August 2015

G Elvin

Director

Company Registration No. 08349949

ELVIN ESTATES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

20% on cost

Motor vehicles

25% on cost

Fixed assets

Tangible assets

Cost

At 1 April 2014

26,356

Additions

24,029

Disposals

(11,550)

At 31 March 2015

38,835

Depreciation

At 1 April 2014

6,423

On disposals

(2,887)

Charge for the year

9,517

At 31 March 2015

13,053

Net book value

At 31 March 2015

25,782

At 31 March 2014

19,933

ELVIN ESTATES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

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Share capital

2015

2014

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000