Abbreviated Company Accounts - VICTORY INVESTMENT & DEVELOPMENT LTD

VICTORY INVESTMENT & DEVELOPMENT LTD - Company Information

08505182 VICTORY INVESTMENT & DEVELOPMENT LTD 2016-04-30 false 2015-05-01 2016-04-30 true 08505182 2015-05-01 2016-04-30 08505182 2016-04-30 08505182 2015-04-30 08505182 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 08505182 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08505182

VICTORY INVESTMENT & DEVELOPMENT LTD

Abbreviated Accounts

30 April 2016

VICTORY INVESTMENT & DEVELOPMENT LTD Registered Number 08505182

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		1,119,534	-
Cash at bank and in hand		252	10
		1,119,786	10
Creditors: amounts falling due within one year		(29,987)	-
Net current assets (liabilities)		1,089,799	10
Total assets less current liabilities		1,089,799	10
Creditors: amounts falling due after more than one year		(1,106,913)	-
Total net assets (liabilities)		(17,114)	10
Capital and reserves
Called up share capital	2	10	10
Profit and loss account		(17,124)	0
Shareholders' funds		(17,114)	10

For the year ending 30 April 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:
S CHOWDHARY, Director

VICTORY INVESTMENT & DEVELOPMENT LTD Registered Number 08505182

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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).

Turnover policy
Turnover

No income was received by the Company during this year. The Company's principal activity was wholly carried out in the United Kingdom.

Other accounting policies
Stock and Work in Progress

Stock and work in progress are valued at the lower of cost including attributable overheads and net realisable value.

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

	2016 £	2015 £
10 Ordinary shares of £1 each	10	10