Turnberry Property Developments Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07423652 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Turnberry Property Developments Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs S Javed

REGISTERED OFFICE:

22 St Andrews Road

Heald Green

Cheadle

Cheshire

SK8 3ES

REGISTERED NUMBER:

07423652 (England and Wales)

ACCOUNTANTS:

Uppal & Warr

Chartered Accountants

452 Manchester Road

Heaton Chapel

Stockport

SK4 5DL

FIXED ASSETS

Tangible assets

2

749,407

2,150,000

CURRENT ASSETS

Debtors

55,446

1,609

Cash at bank

1,797

5,464

57,243

7,073

CREDITORS

Amounts falling due within one year

674,682

1,400,355

NET CURRENT LIABILITIES

(617,439

)

(1,393,282

)

TOTAL ASSETS LESS CURRENT LIABILITIES

131,968

756,718

CAPITAL AND RESERVES

Called up share capital

3

2

2

Revaluation reserve

-

827,121

Profit and loss account

131,966

(70,405

)

SHAREHOLDERS' FUNDS

131,968

756,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 17 June 2014 and were signed by:

Mrs S Javed - 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).

Tangible fixed assets

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

Land and buildings

-

not provided

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

2,150,000

Additions

1,197,308

Disposals

(2,597,901

)

At 31 March 2014

749,407

NET BOOK VALUE

At 31 March 2014

749,407

At 31 March 2013

2,150,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

£1

2

2