Abbreviated Company Accounts - SHANNON PROPERTY DEVELOPMENTS LIMITED

Abbreviated Company Accounts - SHANNON PROPERTY DEVELOPMENTS LIMITED


Registered Number 09350249

SHANNON PROPERTY DEVELOPMENTS LIMITED

Abbreviated Accounts

31 December 2015

SHANNON PROPERTY DEVELOPMENTS LIMITED Registered Number 09350249

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015
£
Current assets
Stocks 3,918,085
Debtors 181,186
Cash at bank and in hand 671,235
4,770,506
Creditors: amounts falling due within one year (4,747,745)
Net current assets (liabilities) 22,761
Total assets less current liabilities 22,761
Total net assets (liabilities) 22,761
Capital and reserves
Called up share capital 2 1
Profit and loss account 22,760
Shareholders' funds 22,761
  • For the year ending 31 December 2015 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 9 September 2016

And signed on their behalf by:
O O'Donovan, Director

SHANNON PROPERTY DEVELOPMENTS LIMITED Registered Number 09350249

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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.

Turnover policy
Turnover represents rents receivable and where applicable , sale of property stock.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
1 Ordinary shares of £1 each 1

During the year one subscriber share was issued at par.