Abbreviated Company Accounts - SANDMOOR HOLDINGS LIMITED

Abbreviated Company Accounts - SANDMOOR HOLDINGS LIMITED


Registered Number 07966818

SANDMOOR HOLDINGS LIMITED

Abbreviated Accounts

29 February 2016

SANDMOOR HOLDINGS LIMITED Registered Number 07966818

Abbreviated Balance Sheet as at 29 February 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 1 1
1 1
Current assets
Cash at bank and in hand 100 100
100 100
Net current assets (liabilities) 100 100
Total assets less current liabilities 101 101
Total net assets (liabilities) 101 101
Capital and reserves
Called up share capital 3 101 101
Shareholders' funds 101 101
  • 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 29 November 2016

And signed on their behalf by:
P J Rider, Director

SANDMOOR HOLDINGS LIMITED Registered Number 07966818

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 January 2015).

Valuation information and policy
Fixed asset investments are stated at cost less any provision for diminition in value.

Other accounting policies
Exemption from preparing group accounts
The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have origionated but not reversed by the balance sheet date. Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the company has entered into a binding agreement to sell the assets and recognised the gains and losses expected to arise on sale.

2Fixed assets Investments
In the opinion of the director, the aggregate value of the company’s investments in the subsidiary undertakings is not less than the amount included in the balance sheet.
Undertaking – Sandmoor Properties Limited
Holding – Ordinary
Proportion of voting rights and shares held – 100%
Principal activity - Property investment company

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
101 Ordinary shares of £1 each 101 101