Accounts filed on 31-03-2015

Accounts filed on 31-03-2015

DENMAR DEVELOPMENTS LIMITED - Company Information

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2014-04-012015-03-3104767117falsetruehttp://www.companieshouse.gov.uk/pt:PlantMachinery2014-03-31http://www.companieshouse.gov.uk/cd:Director12014-04-012015-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-04-012015-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2014-04-012015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22014-04-012015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22014-03-31http://www.companieshouse.gov.uk/2013-04-012014-03-31http://www.companieshouse.gov.uk/2014-04-012015-03-31http://www.companieshouse.gov.uk/2014-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-04-012015-03-31http://www.companieshouse.gov.uk/2014-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04767117
Denmar Developments Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
Prepared By:
Jackson & Green
Accountants, Business & Tax Advisers
1st Floor Hill House
23-25 Spur Road
Cosham
Hampshire
PO6 3DY

Denmar Developments Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 04767117

Denmar Developments Ltd
Registered Number: 04767117
BALANCE SHEET AT 31/03/2015
20152014
Notes££
FIXED ASSETS
Tangible assets2147295
CURRENT ASSETS
Stock-155,731
Cash at bank and in hand196,8791,677
196,879157,408
CREDITORS: Amounts falling due within one year109,001160,747
NET CURRENT ASSETS / (LIABILITIES)87,878(3,339)
TOTAL ASSETS LESS CURRENT LIABILITIES88,025(3,044)
CAPITAL AND RESERVES
Called up share capital3100100
Profit and loss account87,925(3,144)
SHAREHOLDERS' FUNDS88,025(3,044)
For the year ending 31/03/2015 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 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 29/12/2015 and signed on their behalf by
Mrs J M Wilding
Director

Denmar Developments Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and are in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Tangible fixed assets
Fixed assets are shown at historical cost.
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. The assets are depreciated on a Straight Line basis of 33% per annum.
Plant and Machinerystraight line 33%
1d. Stocks
Stock and work in progress are valued at the lower of cost and and net realisable value. The closing stock represents the market value of the land and WIP and the materials purchased to date.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company. The company is not registered for Value Added Tax.

Denmar Developments Ltd
2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/04/2014443443
At 31/03/2015443443
Depreciation
At 01/04/2014148148
For the year148148
At 31/03/2015296296
Net Book Amounts
At 31/03/2015147147
At 31/03/2014295295
3. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
50 Ordinary A shares of £1 each5050
50 Ordinary B shares of £1 each5050
100100
4. RELATED PARTY TRANSACTIONS
An Ordinary A share dividend of £35,000 was proposed on 29/12/2015 (2014 £35,000) and was payable to the director, Mrs J M Wilding.
5. TRANSACTIONS WITH DIRECTORS
At the year end the company owed the director, Mrs J M Wilding, a total of £79,308 (2014 £160,248). During the year the director received loans totalling £120,000 (2014 nil). The director made repayments totalling £4,060 (2014 £29,629) and received dividends of £35,000(2014 £14,000).The maximum amount owed to the director at any point during the year was £79,308 (2014 £160,248). The loans were made interest free and were repayable on demand.
6. CONTROLLING PARTY
The company is controlled by the director and officer of the company.