Calmac Developments Limited - Abbreviated accounts 16.1
Calmac Developments Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30th September 2015 |
| for |
| Calmac Developments Limited |
| Calmac Developments Limited (Registered number: SC084696) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30th September 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| Calmac Developments Limited |
| Company Information |
| for the Year Ended 30th September 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| SOLICITORS: |
| Calmac Developments Limited (Registered number: SC084696) |
| Abbreviated Balance Sheet |
| 30th September 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 5 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Calmac Developments Limited (Registered number: SC084696) |
| Abbreviated Balance Sheet - continued |
| 30th September 2015 |
| The financial statements were approved and authorised for issue by the Board of Directors on behalf by: |
| Calmac Developments Limited (Registered number: SC084696) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30th September 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain |
| assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover |
| Turnover represents the total invoice value, excluding value added tax, of goods and services supplies to customers during |
| the year and arose wholly from its principal activity in the United Kingdom. In accordance with the principles of revenue |
| recognition, income is recognised as the right to consideration obtained through performance of contractual obligations, and |
| is included in the financial statements when the company is legally entitled to the income. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Amounts written off each asset over the estimated useful life represent cost less residual value. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market |
| value is transferred to a revaluation reserve. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
| items. |
| 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 |
| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the |
| shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance |
| charge allocated to future periods. The finance element of the rental payment is charged to the profit and lose account so as |
| to produce constant periodic rates of charge on the net obligations outstanding in each period. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
| charged to the profit and loss account in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st October 2014 |
| Additions |
| At 30th September 2015 |
| DEPRECIATION |
| At 1st October 2014 |
| Charge for year |
| At 30th September 2015 |
| NET BOOK VALUE |
| At 30th September 2015 |
| At 30th September 2014 |
| Calmac Developments Limited (Registered number: SC084696) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30th September 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st October 2014 |
| and 30th September 2015 | 3,125 |
| NET BOOK VALUE |
| At 30th September 2015 |
| At 30th September 2014 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1st October 2014 |
| and 30th September 2015 |
| NET BOOK VALUE |
| At 30th September 2015 |
| At 30th September 2014 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 1,266,013 | 1,392,256 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |