Abbreviated Company Accounts - MADFORD DEVELOPMENTS LIMITED

MADFORD DEVELOPMENTS LIMITED - Company Information

02535889 MADFORD DEVELOPMENTS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 02535889 2015-07-01 2016-06-30 02535889 2016-06-30 02535889 2015-06-30 02535889 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 02535889 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 02535889

MADFORD DEVELOPMENTS LIMITED

Abbreviated Accounts

30 June 2016

MADFORD DEVELOPMENTS LIMITED Registered Number 02535889

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	-	506
		-	506
Current assets
Cash at bank and in hand		-	73
		-	73
Creditors: amounts falling due within one year		(111,842)	(114,132)
Net current assets (liabilities)		(111,842)	(114,059)
Total assets less current liabilities		(111,842)	(113,553)
Creditors: amounts falling due after more than one year		-	(1,303)
Total net assets (liabilities)		(111,842)	(114,856)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(112,842)	(115,856)
Shareholders' funds		(111,842)	(114,856)

For the year ending 30 June 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 21 March 2017

And signed on their behalf by:
A Henry-Lyons, Director

MADFORD DEVELOPMENTS LIMITED Registered Number 02535889

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

All fixed assets are initially recorded at cost.

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 July 2015	30,856
Additions	-
Disposals	(30,856)
Revaluations	-
Transfers	-
At 30 June 2016	0
Depreciation
At 1 July 2015	30,350
Charge for the year	-
On disposals	(30,350)
At 30 June 2016	0
Net book values
At 30 June 2016	0
At 30 June 2015	506

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

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