Company Registration No. 09413564 (England and Wales)
LONDON & BIRMINGHAM DEVELOPMENTS LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2016
LONDON & BIRMINGHAM DEVELOPMENTS LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
LONDON & BIRMINGHAM DEVELOPMENTS LTD
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
Notes
£
£
Fixed assets
Tangible assets
2
1,156,662
-
Current assets
Debtors
12,857
-
Cash at bank and in hand
219,175
-
232,032
-
Creditors: amounts falling due within one year
(1,354,788)
-
Net current liabilities
(1,122,756)
-
Total assets less current liabilities
33,906
-
Capital and reserves
Called up share capital
3
1
-
Profit and loss account
33,905
-
Shareholders' funds
33,906
-
For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 28 October 2016
Mr C Singh
Director
Company Registration No. 09413564
LONDON & BIRMINGHAM DEVELOPMENTS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
2
Fixed assets
Tangible assets
£
Cost
At 1 February 2015
-
Additions
1,156,662
At 31 January 2016
1,156,662
3
Share capital
2016
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
-
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