Abbreviated Company Accounts - WAYWARD DEVELOPMENTS LIMITED

WAYWARD DEVELOPMENTS LIMITED - Company Information

05717070 WAYWARD DEVELOPMENTS LIMITED 2016-02-29 false 2015-03-01 2016-02-29 true 05717070 2015-03-01 2016-02-29 05717070 2016-02-29 05717070 2015-02-28 05717070 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-29 05717070 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 05717070

WAYWARD DEVELOPMENTS LIMITED

Abbreviated Accounts

29 February 2016

WAYWARD DEVELOPMENTS LIMITED Registered Number 05717070

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	444,505	449,245
		444,505	449,245
Current assets
Cash at bank and in hand		4,205	8,906
		4,205	8,906
Creditors: amounts falling due within one year		(5,303)	(5,678)
Net current assets (liabilities)		(1,098)	3,228
Total assets less current liabilities		443,407	452,473
Creditors: amounts falling due after more than one year		(369,296)	(399,575)
Total net assets (liabilities)		74,111	52,898
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		74,011	52,798
Shareholders' funds		74,111	52,898

For the year ending 29 February 2016 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 8 August 2016

And signed on their behalf by:
Mr John Farnsworth, Director

WAYWARD DEVELOPMENTS LIMITED Registered Number 05717070

Notes to the Abbreviated Accounts for the period ended 29 February 2016

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
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

Tangible assets depreciation policy
Depreciation is provided on the integral features of land and buildings at 8% on the valuation of such features.

2Tangible fixed assets

	£
Cost
At 1 March 2015	449,245
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	449,245
Depreciation
At 1 March 2015	-
Charge for the year	4,740
On disposals	-
At 29 February 2016	4,740
Net book values
At 29 February 2016	444,505
At 28 February 2015	449,245

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100