Cavendish House Developments Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07135154 (England and Wales)

CAVENDISH HOUSE DEVELOPMENTS LIMITED

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

59

79

Investment property

3

236,612

-

236,671

79

CURRENT ASSETS

Debtors

245

-

Cash at bank

2,610

2,748

2,855

2,748

CREDITORS

Amounts falling due within one year

241,545

2,110

NET CURRENT (LIABILITIES)/ASSETS

(238,690

)

638

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,019

)

717

PROVISIONS FOR LIABILITIES

12

16

NET (LIABILITIES)/ASSETS

(2,031

)

701

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(2,131

)

601

SHAREHOLDERS' FUNDS

(2,031

)

701

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

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

The directors acknowledge their 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 Board of Directors on 23 February 2016 and were signed on its behalf by:

Mr D Smith - 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).

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

All investment properties are valued annually by qualified external valuers or by officers of the company, at

market value. No depreciation is provided on investment properties as the director considers that, as these

properties are held for investment, to depreciate them would not give a true and fair view.

Deferred tax

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

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or

a right to pay less or to receive more, tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement,

as either 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

1,309

DEPRECIATION

At 1 October 2014

1,230

Charge for year

20

At 30 September 2015

1,250

NET BOOK VALUE

At 30 September 2015

59

At 30 September 2014

79

3.	INVESTMENT PROPERTY

Total

£

COST

Additions

236,612

At 30 September 2015

236,612

NET BOOK VALUE

At 30 September 2015

236,612

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1.00

100

100

5.	GOING CONCERN

At the balance sheet date the balance sheet shows negative shareholders funds of £2,031. The applicability of

going concern is dependent on upon the continued financial support of the company's directors.There is no

indication that this support will not continue in the future.