Moor Hall Developments Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08703118 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

Moor Hall Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

T J Walsh

G T A Evans

SECRETARY:

T J Walsh

REGISTERED OFFICE:

62 Anchorage Road

Sutton Coldfield

West Midlands

B74 2PG

REGISTERED NUMBER:

08703118 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

CURRENT ASSETS

Stocks

660,866

447,956

Debtors

8,408

22,464

Cash at bank and in hand

37,208

92,934

706,482

563,354

CREDITORS

Amounts falling due within one year

2

(706,480

)

(563,352

)

NET CURRENT ASSETS

2

TOTAL ASSETS LESS CURRENT
LIABILITIES

2

CAPITAL AND RESERVES

Called up share capital

3

2

SHAREHOLDERS' FUNDS

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 6 October 2016 and were signed on its behalf by:

T J Walsh - 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).

Work-in-progress

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.

During the year ended 30 September 2014, the company commenced the development and construction of a

residential property for future resale. All costs incurred to 30 September 2014 have been accounted for as work

in progress.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.

CREDITORS

Creditors include an amount of £ 440,799 (2014 - £ 310,000 ) for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

4.	RELATED PARTY DISCLOSURES

T J Walsh

Director of this company

During the period land was introduced by the director at market value.

2015

2014

£

Amount due to related party at the balance sheet date

-

233,192

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Moor Hall Developments Limited for the year ended 30 September 2015 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Moor Hall Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Moor Hall Developments Limited and state those matters that we have agreed to state to the Board of Directors of Moor Hall Developments Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Moor Hall Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Moor Hall Developments Limited. You consider that Moor Hall Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Moor Hall Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

6 October 2016