Eden Homes (Wales) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05729500 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Eden Homes (Wales) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A S Salisbury

SECRETARY:

Mrs L M Salisbury

REGISTERED OFFICE:

13 Wynnstay Road

Colwyn Bay

LL29 8NB

REGISTERED NUMBER:

05729500 (England and Wales)

ACCOUNTANTS:

T.A. Gittins & Company

28 Salop Road

Oswestry

SHROPSHIRE

SY11 2NZ

FIXED ASSETS

Tangible assets

2

2,265

2,759

CURRENT ASSETS

Stocks

15,467

318,945

Cash at bank

160,477

21,750

175,944

340,695

CREDITORS

Amounts falling due within one year

93,873

284,902

NET CURRENT ASSETS

82,071

55,793

TOTAL ASSETS LESS CURRENT LIABILITIES

84,336

58,552

PROVISIONS FOR LIABILITIES

349

425

NET ASSETS

83,987

58,127

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

83,986

58,126

SHAREHOLDERS' FUNDS

83,987

58,127

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 14 March 2016 and were signed by:

A S Salisbury - 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 gross invoiced sales, including value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

9,693

DEPRECIATION

At 1 July 2014

6,934

Charge for year

494

At 30 June 2015

7,428

NET BOOK VALUE

At 30 June 2015

2,265

At 30 June 2014

2,759

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

1

1

1