De Novo Developments Limited - Limited company - abbreviated - 11.6
De Novo Developments Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| FOR |
| DE NOVO DEVELOPMENTS LIMITED |
| DE NOVO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05144069) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| DE NOVO DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 December 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| DE NOVO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05144069) |
| ABBREVIATED BALANCE SHEET |
| 31 December 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Stocks |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Revaluation reserve | ( |
) |
| Profit and loss account |
| 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. |
| DE NOVO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05144069) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 December 2014 |
| The financial statements were approved by the Board of Directors on on its behalf by: |
| DE NOVO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05144069) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2014 |
| 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. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Investment properties |
| Investment property, which is property held to earn rentals and/or for capital appreciation, is stated at |
| its fair value at the balance sheet date. Gains and losses arising from changes in the fair value of |
| investment property are transferred to a revaluation reserve, except where a deficit on an individual |
| investment property is expected to be permanent in which case it is charged to the profit and loss |
| account in the period under review. |
| No depreciation is provided in respect of investment property. This is in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, |
| does not require the depreciation of investment property. Investment properties are held for their |
| investment potential and not for use by the company and the directors consider that to depreciate |
| them would not give a true and fair view. |
| Stocks and work in progress |
| Work in progress is valued on the basis of direct costs plus attributable overheads where appropriate |
| and includes loan interest paid wholly in relation to specific items of work in progress. Provision is |
| made for any foreseeable losses where appropriate. No element of profit is included in the valuation of |
| work in progress. |
| Stocks and finished goods are valued at the lower of cost and net realisable value. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. Deferred tax assets are recognised only to the extent that it is considered |
| more likely than not that there will be suitable taxable profits from which the underlying temporary |
| differences can be deducted |
| DE NOVO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05144069) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 December 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2014 |
| and 31 December 2014 |
| DEPRECIATION |
| At 1 January 2014 |
| Charge for year |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 January 2014 |
| Additions |
| Revaluations |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2014 | 2013 |
| £ | £ |
| Repayable otherwise than by instalments |
| Repayable by instalments |
| 440,620 | 443,412 |
| DE NOVO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05144069) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 December 2014 |
| 5. | CALLED UP SHARE CAPITAL |
| Alloted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| Value | £ | £ |
| £ |
| £ |
| £ |
| £ |
| £ |
| 100,000 | 100,000 |