Abbreviated Company Accounts - PARKLAND DEVELOPMENTS RAYNE LIMITED

Abbreviated Company Accounts - PARKLAND DEVELOPMENTS RAYNE LIMITED


Registered Number 08321842

PARKLAND DEVELOPMENTS RAYNE LIMITED

Abbreviated Accounts

31 December 2013

PARKLAND DEVELOPMENTS RAYNE LIMITED Registered Number 08321842

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013
£
Current assets
Stocks 530,051
Debtors 100,496
Cash at bank and in hand 940
631,487
Creditors: amounts falling due within one year (631,387)
Net current assets (liabilities) 100
Total assets less current liabilities 100
Total net assets (liabilities) 100
Capital and reserves
Called up share capital 2 100
Shareholders' funds 100
  • For the year ending 31 December 2013 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 4 September 2014

And signed on their behalf by:
Mr J Nash, Director

PARKLAND DEVELOPMENTS RAYNE LIMITED Registered Number 08321842

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

Other accounting policies
Work in Progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Financial Instruments


Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:
2013
£
100 Ordinary shares of £1 each 100