Endeavour Properties (UK) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05891645 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Endeavour Properties (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Singh

REGISTERED OFFICE:

Endeavour House

Saville Road

Peterborough

Cambridgeshire

PE3 7PS

REGISTERED NUMBER:

05891645 (England and Wales)

ACCOUNTANTS:

Malick & Co Limited

Chartered Certified Accountants

Fairview

192 Park Road

Peterborough

Cambridgeshire

PE1 2UF

CURRENT ASSETS

Stocks

399,634

399,634

Cash at bank

45,379

84

445,013

399,718

CREDITORS

Amounts falling due within one year

260,174

155,774

NET CURRENT ASSETS

184,839

243,944

TOTAL ASSETS LESS CURRENT LIABILITIES

184,839

243,944

CREDITORS

Amounts falling due after more than one year

2

260,091

394,331

NET LIABILITIES

(75,252

)

(150,387

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(75,253

)

(150,388

)

SHAREHOLDERS' FUNDS

(75,252

)

(150,387

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5 January 2016 and were signed by:

B Singh - 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.

CREDITORS

Creditors include the following debts falling due in more than five years:

30.4.15

30.4.14

£

£

Repayable otherwise than by instalments

260,091

394,331

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

1

Ordinary

£1

1

1

4.	GOING CONCERN

The company has net liabilities of £75,252 (2014 - £150,387) and is insolvent. The director is optimistic about

the company's future viability and is committed to continue supporting the company as he is confident that there

will be a turnaround of the company's profitability and position.