Invesco (Development) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05806441 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

FOR

INVESCO (DEVELOPMENT) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr B Patel

REGISTERED OFFICE:

127 Broomgrove Gardens

Edgeware

Middlesex

HA8 5RJ

REGISTERED NUMBER:

05806441 (England and Wales)

ACCOUNTANTS:

Philip Deane Accountancy Limited

Units 1 & 2, Field View

Baynards Green Business Park

Baynards Green

Nr Bicester

Oxfordshire

OX27 7SG

FIXED ASSETS

Tangible assets

2

627,958

627,958

CURRENT ASSETS

Debtors

132,401

-

Cash at bank

8,518

43,799

140,919

43,799

CREDITORS

Amounts falling due within one year

(255,428

)

(163,781

)

NET CURRENT LIABILITIES

(114,509

)

(119,982

)

TOTAL ASSETS LESS CURRENT LIABILITIES

513,449

507,976

CREDITORS

Amounts falling due after more than one year

3

(455,889

)

(455,889

)

NET ASSETS

57,560

52,087

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

57,460

51,987

SHAREHOLDERS' FUNDS

57,560

52,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 20 July 2015 and were signed by:

Mr B Patel - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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 June 2014

and 31 May 2015

634,715

DEPRECIATION

At 1 June 2014

and 31 May 2015

6,757

NET BOOK VALUE

At 31 May 2015

627,958

At 31 May 2014

627,958

3.

CREDITORS

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

31.5.15

31.5.14

£

£

Repayable otherwise than by instalments

455,889

455,889

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

100

Ordinary

£1

100

100