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AFFINITY HOMES CONSTRUCTION LIMITED
REGISTERED NUMBER: 08633437
ABBREVIATED BALANCE SHEET
AS AT 31 AUGUST 2015
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CREDITORS: amounts falling due within one year
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TOTAL ASSETS LESS CURRENT LIABILITIES
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CREDITORS: amounts falling due after more than one year
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SHAREHOLDERS' (DEFICIT)/FUNDS
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The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 August 2015 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 19 August 2016.
The notes on pages 2 to 3 form part of these financial statements.
Page 1
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AFFINITY HOMES CONSTRUCTION LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
1.ACCOUNTING POLICIES
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Basis of preparation of financial statements
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The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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The company made a loss of £64,726 for the year and had net liabilities of £55,072 as at the year end.
The directors have considered the business activities of the company and the factors likely to affect its future development and performance and have reviewed the financial position of the company.
Based on their assessment, the directors are of the opinion that the company has adequate support and resources to fund its operations for the foreseeable future and so determine that a going concern basis is the appropriate basis for the preparation of these financial statements.
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The financial statements do not include a Cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
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Investments held as fixed assets are shown at cost less provision for impairment.
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Page 2
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AFFINITY HOMES CONSTRUCTION LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
2.FIXED ASSET INVESTMENTS
Associates
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London City Investment Services Limited
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Property investment activity
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The first accounting period of London City Investment Services Limited is for the period to 30 June 2016. The accounts are not yet available.
3.SHARE CAPITAL
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Shares classified as capital
 
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Allotted, called up and fully paid
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100 ordinary shares of £1 each
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Shares classified as debt
 
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Allotted, called up and fully paid
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200,000 cumulative redeemable preference shares of £1 each
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Page 3
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