ER Developments Limited - Dormant company accounts 16.1
ER Developments Limited - Dormant company accounts 16.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2015 |
| for |
| ER Developments Limited |
| ER Developments Limited (Registered number: 04891831) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2015 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ER Developments Limited |
| Company Information |
| for the Year Ended 31 December 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ER Developments Limited (Registered number: 04891831) |
| Balance Sheet |
| 31 December 2015 |
| 31.12.15 | 31.12.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| 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 LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| 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. |
| ER Developments Limited (Registered number: 04891831) |
| Balance Sheet - continued |
| 31 December 2015 |
| The financial statements were approved by the Board of Directors on by: |
| ER Developments Limited (Registered number: 04891831) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The directors have confirmed their intention to continue to support the company and have further confirmed that |
| they will not seek repayment of advances if in doing so other creditors would be disadvantaged. |
| In view of the above the directors consider it appropriate to prepare the accounts on a going concern basis. |
| 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). |
| The company was dormant throughout the current year and previous year. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks represents property under development valued at the lower of cost and net realisable value. Cost is |
| calculated as follows: |
| Property cost cost of purchase |
| Development costs cost of raw materials and labour, together with attributable |
| overheads based on normal levels of activity |
| Net realisable value is based on estimated selling price less further costs to completion and disposal. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2015 |
| and 31 December 2015 |
| DEPRECIATION |
| At 1 January 2015 |
| and 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.15 | 31.12.14 |
| value: | £ | £ |
| Ordinary | 1.00 |