Abbreviated Company Accounts - DENMARK PROPERTY DEVELOPMENTS LIMITED

DENMARK PROPERTY DEVELOPMENTS LIMITED - Company Information

05682612 DENMARK PROPERTY DEVELOPMENTS LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 05682612 2013-06-01 2014-05-31 05682612 2014-05-31 05682612 2013-05-31 05682612 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 05682612 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 05682612

DENMARK PROPERTY DEVELOPMENTS LIMITED

Abbreviated Accounts

31 May 2014

DENMARK PROPERTY DEVELOPMENTS LIMITED Registered Number 05682612

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		-	80,000
Debtors		1,518	142
Cash at bank and in hand		193	199
		1,711	80,341
Creditors: amounts falling due within one year		(4,385)	(83,937)
Net current assets (liabilities)		(2,674)	(3,596)
Total assets less current liabilities		(2,674)	(3,596)
Total net assets (liabilities)		(2,674)	(3,596)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(2,676)	(3,598)
Shareholders' funds		(2,674)	(3,596)

For the year ending 31 May 2014 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 30 September 2014

And signed on their behalf by:
D A Rothman, Director

DENMARK PROPERTY DEVELOPMENTS LIMITED Registered Number 05682612

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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).

Although the Balance Sheet discloses a deficiency of total net assets of £2,674 the director has indicated that he will continue to support the company for the foreseeable future and consider it appropriate to prepare these financial statements on a going concern basis. Accordingly the financial statements do not include any adjustments that would result from the withdrawal of the director's support.

The Company ceased to trade following the disposal of its remaining development property on 21st January 2014.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Other accounting policies
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial Instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2