Shires Property Developments Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04124431 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Shires Property Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountant

5

DIRECTORS:

D Holloway

C B Holloway

SECRETARY:

C B Holloway

REGISTERED OFFICE:

High Coley Cottage

Coley Lane

Little Haywood

Staffordshire

ST18 OXB

REGISTERED NUMBER:

04124431 (England and Wales)

ACCOUNTANT:

Groucott Moor Limited

Lombard House

Cross Keys

Lichfield

Staffordshire

WS13 6DN

FIXED ASSETS

Tangible assets

2

150

200

CURRENT ASSETS

Debtors

135,830

70,422

Cash at bank

68,441

103,009

204,271

173,431

CREDITORS

Amounts falling due within one year

192,765

154,907

NET CURRENT ASSETS

11,506

18,524

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,656

18,724

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

11,654

18,722

SHAREHOLDERS' FUNDS

11,656

18,724

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 10 February 2016 and were signed on
its behalf by:

D Holloway - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

15% - 33% reducing balance.

Deferred tax

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

the balance sheet date.

Turnover

The total turnover of the company for the year has been derived from its principal activity wholly

undertaken in the UK.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

1,792

DEPRECIATION

At 1 January 2015

1,592

Charge for year

50

At 31 December 2015

1,642

NET BOOK VALUE

At 31 December 2015

150

At 31 December 2014

200

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

2

Ordinary

£1

2

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to four) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2015 set out on pages one to twenty and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

Groucott Moor Limited

Lombard House

Cross Keys

Lichfield

Staffordshire

WS13 6DN

10 February 2016