Abbreviated Company Accounts - SUTHERLAND HOMES LIMITED

SUTHERLAND HOMES LIMITED - Company Information

03341141 SUTHERLAND HOMES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03341141 2015-04-01 2016-03-31 03341141 2016-03-31 03341141 2015-03-31 03341141 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03341141 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03341141

SUTHERLAND HOMES LIMITED

Abbreviated Accounts

31 March 2016

SUTHERLAND HOMES LIMITED Registered Number 03341141

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		4,600	4,600
Debtors		53,658	53,658
Cash at bank and in hand		336	1,104
		58,594	59,362
Creditors: amounts falling due within one year		(106,640)	(106,126)
Net current assets (liabilities)		(48,046)	(46,764)
Total assets less current liabilities		(48,046)	(46,764)
Total net assets (liabilities)		(48,046)	(46,764)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(48,146)	(46,864)
Shareholders' funds		(48,046)	(46,764)

For the year ending 31 March 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 15 December 2016

And signed on their behalf by:
R S Davies, Director

SUTHERLAND HOMES LIMITED Registered Number 03341141

Notes to the Abbreviated Accounts for the period ended 31 March 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.

During the year the company has net liabilities amounting to £48,046 (2015- £46,764). The directors have received confirmation from its related parties that they will not require repayment of the amounts due to them as shown in note 8 to the financial statements, until such time the company has adequate funds to do so.

In addition, the directors believe that the bank facilities in place, together with the continuing shareholders' support as outlined above are adequate to enable the company to meet its working capital requirements for the foreseeable future and continue to develop the remainder of the site. Accordingly, the accounts have been prepared on the going concern basis.

The financial statements do not include any adjustments that might have to be made should the bank facilities and financial support from related parties and joint venture participants cease to be available.
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).

Turnover policy
Turnover represents amounts receivable for rent and sales of properties.

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

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