Highcliffe House Developments Limited - Period Ending 2015-03-31

Registration number: 6159251

Highcliffe House Developments Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Highcliffe House Developments Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Highcliffe House Developments Limited
(Registration number: 6159251)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Current assets
Debtors					3,162			3,162
Cash at bank and in hand					5,709			3,649
					8,871			6,811
Creditors: Amounts falling due within one year					(646)			(455)
Net assets					8,225			6,356
Capital and reserves
Called up share capital		2			2			2
Profit and loss account					8,223			6,354
Shareholders' funds					8,225			6,356

For the year ending 31 March 2015 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 director acknowledges his 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 director on 8 December 2015

.........................................
Mr PA MEYER
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Highcliffe House Developments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents the amounts invoiced, excluding value added tax, in respect of the sale of goods and services to customers

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

Page 2