Abbreviated Company Accounts - RICHARD BUNN DEVELOPMENTS LIMITED

RICHARD BUNN DEVELOPMENTS LIMITED - Company Information

03229659 RICHARD BUNN DEVELOPMENTS LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 03229659 2014-08-01 2015-07-31 03229659 2015-07-31 03229659 2014-07-31 03229659 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 03229659 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 03229659

RICHARD BUNN DEVELOPMENTS LIMITED

Abbreviated Accounts

31 July 2015

RICHARD BUNN DEVELOPMENTS LIMITED Registered Number 03229659

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,996,821	2,806,564
		2,996,821	2,806,564
Current assets
Debtors		-	13,076
Cash at bank and in hand		38,129	81,902
		38,129	94,978
Creditors: amounts falling due within one year	3	(117,013)	(40,485)
Net current assets (liabilities)		(78,884)	54,493
Total assets less current liabilities		2,917,937	2,861,057
Creditors: amounts falling due after more than one year	3	(185,495)	(185,495)
Total net assets (liabilities)		2,732,442	2,675,562
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		1,006,775	1,006,775
Profit and loss account		1,725,567	1,668,687
Shareholders' funds		2,732,442	2,675,562

For the year ending 31 July 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 9 March 2016

And signed on their behalf by:
Richard Bunn, Director
Sharon Bunn, Director

RICHARD BUNN DEVELOPMENTS LIMITED Registered Number 03229659

Notes to the Abbreviated Accounts for the period ended 31 July 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 represents invoiced rent services excluding trade discounts

Tangible assets depreciation policy
Depreciation has not been charged on property assets, only small assets where depreciation has been charged at a rate of 25% and 15% reducing balance in order to write off the cost of each asset less its residual value over its estimated useful life.

2Tangible fixed assets

	£
Cost
At 1 August 2014	2,812,732
Additions	190,328
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	3,003,060
Depreciation
At 1 August 2014	6,168
Charge for the year	71
On disposals	-
At 31 July 2015	6,239
Net book values
At 31 July 2015	2,996,821
At 31 July 2014	2,806,564

3Creditors

	2015 £	2014 £
Secured Debts	185,495	185,495

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100