Erinvale Developments Limited - Limited company - abbreviated

REGISTERED NUMBER: 04387322 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

ERINVALE DEVELOPMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Seeds

C J Seeds

SECRETARY:

G Seeds

REGISTERED OFFICE:

2 Leonard Place

Westerham Road

Keston

Kent

BR2 6HQ

REGISTERED NUMBER:

04387322 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Tangible assets

2

1,028

1,369

Investments

3

50

1,078

1,419

CURRENT ASSETS

Stocks

11,407

223,267

Debtors

239,514

249,151

Cash at bank

19,701

27,153

270,622

499,571

CREDITORS

Amounts falling due within one year

69,011

285,065

NET CURRENT ASSETS

201,611

214,506

TOTAL ASSETS LESS CURRENT
LIABILITIES

202,689

215,925

PROVISIONS FOR LIABILITIES

206

397

NET ASSETS

202,483

215,528

CAPITAL AND RESERVES

Called up share capital

4

999

Profit and loss account

201,484

214,529

SHAREHOLDERS' FUNDS

202,483

215,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 1 September 2015 and were signed on its behalf
by:

G Seeds - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or

a right to pay less or to receive more tax, with the following exception:

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that

there will be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

30,290

DEPRECIATION

At 1 April 2014

28,921

Charge for year

341

At 31 March 2015

29,262

NET BOOK VALUE

At 31 March 2015

1,028

At 31 March 2014

1,369

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2014

and 31 March 2015

50

NET BOOK VALUE

At 31 March 2015

50

At 31 March 2014

50

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Erinvale Properties Limited

Nature of business: Property developer

%

Class of shares:

holding

"A" Ordinary

50.00

31.3.15

31.3.14

£

Aggregate capital and reserves

1,179,510

1,226,600

Profit for the year

86,910

923,520

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

999

Ordinary

£1

999

5.	ULTIMATE PARENT COMPANY

Erinvale Group Limited is regarded by the directors as being the company's ultimate parent company.

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Erinvale Group Limited.

Erinvale Developments Limited - Limited company - abbreviated - 11.6

Erinvale Developments Limited - Limited company - abbreviated - 11.6