Owen Devenport Limited - Abbreviated accounts 16.3
Owen Devenport Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| OWEN DEVENPORT LIMITED |
| OWEN DEVENPORT LIMITED (REGISTERED NUMBER: 03956679) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company information | 1 |
| Abbreviated balance sheet | 2 |
| Notes to the abbreviated accounts | 4 |
| Report of the accountants | 6 |
| OWEN DEVENPORT LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| OWEN DEVENPORT LIMITED (REGISTERED NUMBER: 03956679) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 31.3.16 | 31.3.15 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| OWEN DEVENPORT LIMITED (REGISTERED NUMBER: 03956679) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2016 |
| The financial statements were approved by the director on |
| OWEN DEVENPORT LIMITED (REGISTERED NUMBER: 03956679) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 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 January 2015). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Owen Devenport Limited as an individual company |
| and do not contain consolidated financial information as the parent of a group. The company has taken |
| the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial |
| statements. |
| Turnover |
| Turnover represents amounts receivable for planning, property and development consultancy services |
| net of VAT. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Revenue recognition |
| Fee income represents revenue earned under a wide variety of contracts to provide professional |
| services. Revenue is recognised as earned when, and to the extent that, the firm obtains the right to |
| consideration in exchange for its performance under these contracts. It is measured at the fair value of |
| the right to consideration, which represents amounts chargeable to clients, including expenses and |
| disbursements but excluding value added tax. |
| Revenue is generally recognised as contract activity progresses so that for incomplete contracts it |
| reflects the partial performance of the contractual obligations. For such contracts the amount of |
| revenue reflects the accrual of the right to consideration by reference to the value of work performed. |
| Revenue not billed to clients is included in debtors and payments on account in excess of the relevant |
| amount of revenue are included in creditors. |
| Fee income that is contingent on events outside the control of the firm is recognised when the |
| contingent event occurs. |
| OWEN DEVENPORT LIMITED (REGISTERED NUMBER: 03956679) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| Additions |
| At 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | ULTIMATE PARENT COMPANY |
| 5. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is B. Owen, controlling shareholder in the parent company Berllan |
| Properties Limited. |
| OWEN DEVENPORT LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
| OWEN DEVENPORT LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's |
| annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
| pages two to five) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006 we have prepared for your approval |
| the accounts of Owen Devenport Limited for the year ended 31 March 2016 from the Company's accounting |
| records and from information and explanations you have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical |
| and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified |
| Accountants as detailed at http://www.accaglobal.com/factsheet163. |
| Chartered Certified Accountants |
| 16 November 2016 |