Abbreviated Company Accounts - HODSON DEVELOPMENTS LIMITED

Abbreviated Company Accounts - HODSON DEVELOPMENTS LIMITED

HODSON DEVELOPMENTS LIMITED - Company Information

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Registered Number 02850626

HODSON DEVELOPMENTS LIMITED

Abbreviated Accounts

30 June 2015

HODSON DEVELOPMENTS LIMITED Registered Number 02850626

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,787 985
1,787 985
Current assets
Stocks 9,165,152 9,165,152
Debtors 1,180,426 1,087,690
Cash at bank and in hand 128,097 130,416
10,473,675 10,383,258
Creditors: amounts falling due within one year (5,461,354) (5,371,749)
Net current assets (liabilities) 5,012,321 5,011,509
Total assets less current liabilities 5,014,108 5,012,494
Total net assets (liabilities) 5,014,108 5,012,494
Capital and reserves
Called up share capital 1,050,510 1,050,510
Profit and loss account 3,963,598 3,961,984
Shareholders' funds 5,014,108 5,012,494
  • For the year ending 30 June 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 31 March 2016

And signed on their behalf by:
Alan D Hodson, Director

HODSON DEVELOPMENTS LIMITED Registered Number 02850626

Notes to the Abbreviated Accounts for the period ended 30 June 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 total invoice value, excluding value added tax, of land and properties sold.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation as follows:

Office fixtures, fittings and equipment Straight line over 5 years

Other accounting policies
Stock and work in progress
Stock and work in progress is valued at lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 July 2014 9,142
Additions 1,439
Disposals -
Revaluations -
Transfers -
At 30 June 2015 10,581
Depreciation
At 1 July 2014 8,157
Charge for the year 637
On disposals -
At 30 June 2015 8,794
Net book values
At 30 June 2015 1,787
At 30 June 2014 985