Davey Lane Developments Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09155445 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 31 JULY 2014 TO 31 JULY 2015

FOR

DAVEY LANE DEVELOPMENTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J P Bacon

N Dowsing

SECRETARY:

N Dowsing

REGISTERED OFFICE:

Goldstone Business Centre

2 Goldstone Street

Hove

East Sussex

BN3 3RJ

REGISTERED NUMBER:

09155445 (England and Wales)

ACCOUNTANTS:

Hilton Sharp & Clarke

Chartered Accountants

30 New Road

Brighton

East Sussex

BN1 1BN

CURRENT ASSETS

Stocks

1,443,103

Debtors

16,397

Cash at bank

30,896

1,490,396

CREDITORS

Amounts falling due within one year

2

1,518,034

NET CURRENT LIABILITIES

(27,638

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,638

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(27,738

)

SHAREHOLDERS' FUNDS

(27,638

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 28 April 2016 and were signed on its behalf by:

N Dowsing - 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).

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

2.

CREDITORS

Creditors include an amount of £ 624,990 for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

100 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.