Abbreviated Company Accounts - REDWOOD LAND LIMITED

Abbreviated Company Accounts - REDWOOD LAND LIMITED

REDWOOD LAND LIMITED - Company Information

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Registered Number 06452877

REDWOOD LAND LIMITED

Abbreviated Accounts

31 December 2014

REDWOOD LAND LIMITED Registered Number 06452877

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,532 6,504
2,532 6,504
Current assets
Stocks 1,114,691 1,240,562
Debtors 13,913 12,096
Cash at bank and in hand 31,151 12,262
1,159,755 1,264,920
Net current assets (liabilities) 1,159,755 1,264,920
Total assets less current liabilities 1,162,287 1,271,424
Creditors: amounts falling due after more than one year (1,144,078) (1,339,048)
Total net assets (liabilities) 18,209 (67,624)
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account 8,209 (77,624)
Shareholders' funds 18,209 (67,624)
  • For the year ending 31 December 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 30 September 2015

And signed on their behalf by:
Mr C Wallis, Director

REDWOOD LAND LIMITED Registered Number 06452877

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

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

Tangible assets depreciation policy
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:
Computer equipment Straight line over 3 years
Motor vehicles Straight line over 4 years

2Tangible fixed assets
£
Cost
At 1 January 2014 15,369
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 15,369
Depreciation
At 1 January 2014 8,865
Charge for the year 3,972
On disposals -
At 31 December 2014 12,837
Net book values
At 31 December 2014 2,532
At 31 December 2013 6,504