DEVELOPED DESIGNS LIMITED - Limited company - abbreviated - 11.9
DEVELOPED DESIGNS LIMITED - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2015 |
| FOR |
| DEVELOPED DESIGNS LIMITED |
| DEVELOPED DESIGNS LIMITED (Registered number: 06413645) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Certified Accountants' Report | 6 |
| DEVELOPED DESIGNS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| DEVELOPED DESIGNS LIMITED (Registered number: 06413645) |
| ABBREVIATED BALANCE SHEET |
| 31 JANUARY 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| DEVELOPED DESIGNS LIMITED (Registered number: 06413645) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 JANUARY 2015 |
| The financial statements were approved and authorised for release by the Board of Directors on were signed on its behalf by: |
| DEVELOPED DESIGNS LIMITED (Registered number: 06413645) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| 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 income from design and management services provided during the year. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2014 |
| Additions |
| At 31 January 2015 |
| DEPRECIATION |
| At 1 February 2014 |
| Charge for year |
| At 31 January 2015 |
| NET BOOK VALUE |
| At 31 January 2015 |
| At 31 January 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| A Ordinary | £1 |
| 4 | 4 |
| DEVELOPED DESIGNS LIMITED (Registered number: 06413645) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| 4. | RELATED PARTY DISCLOSURES |
| Director |
| 2015 | 2014 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Director |
| 2015 | 2014 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Mrs F Barnes |
| Sister of A P Brewster |
| 2015 | 2014 |
| £ | £ |
| Amount due from related party at the balance sheet date |
| Brewster Holdings Limited |
| A shareholder of the Company |
| During the year the Company received loans from Brewster Holdings Limited of £7,000 (2014: £154,405) in |
| respect of work completed on a property owned by Brewster Holdings Limited. |
| 2015 | 2014 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| Metal Interests Limited |
| A Company in which Brewster Holdings is a shareholder |
| During the year the Company invoiced Metal Interests Limited £85,702 (2014: £70,000) and Metal Interests |
| Limited paid for expenditure on behalf of the Company totalling £33,573 (2014: £48,869). |
| 2015 | 2014 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| DEVELOPED DESIGNS LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of DEVELOPED DESIGNS LIMITED for the year ended 31 January 2015 which comprise the |
| Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from |
| information and explanations you have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the Board of Directors of DEVELOPED DESIGNS LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DEVELOPED DESIGNS LIMITED and state those matters that we have agreed to state to the Board of Directors of DEVELOPED DESIGNS LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that DEVELOPED DESIGNS LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DEVELOPED DESIGNS LIMITED. You consider that DEVELOPED DESIGNS LIMITED is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of DEVELOPED DESIGNS |
| LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information |
| and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial |
| statements. |
| 8 October 2015 |