Bradbury Developments Limited - Abbreviated accounts

Bradbury Developments Limited - Abbreviated accounts


Registered number
07843132
Bradbury Developments Limited
Abbreviated Accounts
30 November 2014
Bradbury Developments Limited
Registered number: 07843132
Abbreviated Balance Sheet
as at 30 November 2014
Notes 2014 2013
£ £
Current assets
Stocks - 114,407
Cash at bank and in hand 104,333 13,606
104,333 128,013
Creditors: amounts falling due within one year (61,732) (130,769)
Net current assets/(liabilities) 42,601 (2,756)
Net assets/(liabilities) 42,601 (2,756)
Capital and reserves
Called up share capital 2 100 100
Profit and loss account 42,501 (2,856)
Shareholders' funds 42,601 (2,756)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
B R Dunning Mrs A M Dunning
Director Director
Approved by the board on 31 August 2015
Bradbury Developments Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2014
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks
Work in progress is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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