Abbreviated Company Accounts - ALVESTON DEVELOPMENTS LIMITED

ALVESTON DEVELOPMENTS LIMITED - Company Information

03484918 ALVESTON DEVELOPMENTS LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 03484918 2015-06-01 2016-05-31 03484918 2016-05-31 03484918 2015-05-31 03484918 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 03484918 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:Director3 2015-06-01 2016-05-31 uk-gaap-cd-bus:Director3 2016-05-31 uk-gaap-cd-bus:Director3 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 03484918

ALVESTON DEVELOPMENTS LIMITED

Abbreviated Accounts

31 May 2016

ALVESTON DEVELOPMENTS LIMITED Registered Number 03484918

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	24,242	7,302
		24,242	7,302
Current assets
Stocks		635,446	685,446
Debtors		244,772	184,695
Investments		309,499	392,032
Cash at bank and in hand		277,586	135,603
		1,467,303	1,397,776
Creditors: amounts falling due within one year		(54,713)	(46,434)
Net current assets (liabilities)		1,412,590	1,351,342
Total assets less current liabilities		1,436,832	1,358,644
Total net assets (liabilities)		1,436,832	1,358,644
Capital and reserves
Called up share capital	3	1,300,000	1,300,000
Profit and loss account		136,832	58,644
Shareholders' funds		1,436,832	1,358,644

For the year ending 31 May 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 20 February 2017

And signed on their behalf by:
D J Tucker, Director

ALVESTON DEVELOPMENTS LIMITED Registered Number 03484918

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 15% reducing balance
Fixtures, fittings
and equipment - 33.3 % straight line
Motor vehicles - 25% reducing balance

Other accounting policies
Investments
Current asset investments are at the lower of cost and net realisable value.
Stock
Stock is valued at the lower of cost and net realisable value.
Pensions
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.

2Tangible fixed assets

	£
Cost
At 1 June 2015	41,604
Additions	20,908
Disposals	(7,264)
Revaluations	-
Transfers	-
At 31 May 2016	55,248
Depreciation
At 1 June 2015	34,302
Charge for the year	3,422
On disposals	(6,718)
At 31 May 2016	31,006
Net book values
At 31 May 2016	24,242
At 31 May 2015	7,302

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,300,000 Ordinary shares of £1 each	1,300,000	1,300,000

4Transactions with directors

Name of director receiving advance or credit:	D J Tucker
Description of the transaction:	Interest free loan
Balance at 1 June 2015:	£ 0
Advances or credits made:	£ 51,401
Advances or credits repaid:	£ 0
Balance at 31 May 2016:	£ 51,401