LANDHOLD_ESTATES_LTD

LANDHOLD ESTATES LTD

CONTENTS

Page

Abbreviated balance sheet

1

Notes to the abbreviated accounts

2

LANDHOLD ESTATES LTD

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

£

Current assets

Stocks

2,277,772

231,199

Debtors

628

100

2,278,400

231,299

Creditors: amounts falling due within one year

3

(2,246,291)

(232,555)

Total assets less current liabilities

32,109

(1,256)

Capital and reserves

Called up share capital

4

100

Profit and loss account

32,009

(1,356)

Shareholders' funds

32,109

(1,256)

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

-

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

-

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 12 December 2016

Mr Garry Simpson

Director

Company Registration No. 09022569

LANDHOLD ESTATES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 2 -

1

Accounting policies

1.5

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.6

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).

1

Accounting policies

1.7

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.8

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).

1.9

Turnover

Turnover represents amounts receivable for the sale of properties. Sales are recognised on unconditional exchange of contract.

1.10

Stock

Stock is valued at the lower of cost and net realisable value.

3

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £1,200,000 (2015 - £0).

4

Share capital

2016

2015

£

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

LANDHOLD_ESTATES_LTD - Accounts

LANDHOLD_ESTATES_LTD - Accounts