Dundalk Estates Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08175286 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2014

for

Dundalk Estates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Carmichael

REGISTERED OFFICE:

177 Rose Lane

Mossley Hill

Liverpool

Merseyside

L18 5EA

REGISTERED NUMBER:

08175286 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

2

454,446

217,530

CREDITORS

Amounts falling due within one year

3

605,114

249,264

NET CURRENT LIABILITIES

(605,114

)

(249,264

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(150,668

)

(31,734

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(150,670

)

(31,736

)

SHAREHOLDERS' FUNDS

(150,668

)

(31,734

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 24 September 2014 and were signed by:

R Carmichael - 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.

Land and buildings

-

No depreciation charged

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 May 2013

217,530

Additions

236,916

At 30 April 2014

454,446

NET BOOK VALUE

At 30 April 2014

454,446

At 30 April 2013

217,530

3.

CREDITORS

Creditors include an amount of £ 514,492 (30.4.13 - £ 237,264 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

2

Ordinary

£1

2

2

5.	ULTIMATE PARENT COMPANY

Appletree Estates Holdings Limited is regarded by the director as being the company's ultimate parent company.

6.	RELATED PARTY DISCLOSURES

R Carmichael is also a director of Appletree Estates Limited. Included in other creditors as at 30th April 2014 is

£90,622 (2013 £12,000) owing to Appletree Estates Limited.

During the year Appletree Estates Limited made sales to the company of £236,916 which are included in tangible

fixed assets as at 30th April 2014. These transactions took place at arms length basis during the year.

7.	ULTIMATE CONTROLLING PARTY

R Carmichael is the ultimate controlling party by virtue of his shareholding in the company's parent undertaking.