Abbreviated Company Accounts - CELTIC DEVELOPMENTS (PONTCANNA) LIMITED

CELTIC DEVELOPMENTS (PONTCANNA) LIMITED - Company Information

08633704 CELTIC DEVELOPMENTS (PONTCANNA) LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 08633704 2014-09-01 2015-08-31 08633704 2015-08-31 08633704 2014-08-31 08633704 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 08633704 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 08633704

CELTIC DEVELOPMENTS (PONTCANNA) LIMITED

Abbreviated Accounts

31 August 2015

CELTIC DEVELOPMENTS (PONTCANNA) LIMITED Registered Number 08633704

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		186,998	1,039,835
Debtors		423,877	96,379
Cash at bank and in hand		452,447	1,466
		1,063,322	1,137,680
Creditors: amounts falling due within one year	2	(791,201)	(1,149,361)
Net current assets (liabilities)		272,121	(11,681)
Total assets less current liabilities		272,121	(11,681)
Total net assets (liabilities)		272,121	(11,681)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		272,119	(11,683)
Shareholders' funds		272,121	(11,681)

For the year ending 31 August 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 22 December 2015

And signed on their behalf by:
C McCloskey, Director
J D Shields, Director

CELTIC DEVELOPMENTS (PONTCANNA) LIMITED Registered Number 08633704

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises amounts receivable in the ordinary course of business from the principal activities of the company, exclusive of value added tax and discounts where applicable.

Other accounting policies
Work in progress
Work in progress comprises work undertaken on properties under construction at the year end and is valued on the basis of direct costs plus, where considered appropriate, attributable overheads based on the normal level of activity to that period. Provision is made for any foreseeable losses where it is anticipated that the ultimate property sale will realise a loss based on this valuation.

2Creditors

	2015 £	2014 £
Secured Debts	0	431,291

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2