Xirtek Developments Limited - Abbreviated accounts 16.1
Xirtek Developments Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| FOR |
| XIRTEK DEVELOPMENTS LIMITED |
| XIRTEK DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07103498) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 DECEMBER 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| XIRTEK DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 DECEMBER 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| XIRTEK DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07103498) |
| ABBREVIATED BALANCE SHEET |
| 31 DECEMBER 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| 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. |
| XIRTEK DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07103498) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 DECEMBER 2015 |
| The financial statements were approved by the Board of Directors on |
| XIRTEK DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07103498) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 DECEMBER 2015 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1.00 |
| Dividends may be paid to the holders of one or more classes of share to the exclusion of the other classes of shares. |
| Ordinary shares carry one vote. |
| The redeemable shares have no voting rights and rank first for any distribution made on a winding up. For each period of |
| 12 months commencing on 1 October 2012 with the last option period expiring 30 September 2025, the holder of |
| redeemable shares shall an option to redeem 100,000 or fewer of the redeemable shares held by them in that period. |
| 3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 December 2015 and |
| 31 December 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| XIRTEK DEVELOPMENTS LIMITED (REGISTERED NUMBER: 07103498) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 DECEMBER 2015 |
| 3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Interest is charged in respect of these balances. |
| Also included within creditors is £Nil (2014:£232) owing to J E Wolter, £Nil (2014:£402.79) owing to C Summers and |
| £Nil (2014:£62.00l) relating to expenses incurred on behalf of the company. |
| Included within other debtors is £6 relating to unpaid share capital by the directors. |