New Station Developments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01596510 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 June 2016

for

New Station Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S T Davis

Mrs M Davis

REGISTERED OFFICE:

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

REGISTERED NUMBER:

01596510 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

FIXED ASSETS

Tangible assets

2

1,704,483

1,712,357

Investments

3

101

1,704,584

1,712,458

CURRENT ASSETS

Debtors

668,018

629,618

CREDITORS

Amounts falling due within one year

4

595,118

558,857

NET CURRENT ASSETS

72,900

70,761

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,777,484

1,783,219

CREDITORS

Amounts falling due after more than one
year

4

1,473,267

1,632,325

NET ASSETS

304,217

150,894

CAPITAL AND RESERVES

Called up share capital

5

5,600

Revaluation reserve

15,650

Profit and loss account

282,967

129,644

SHAREHOLDERS' FUNDS

304,217

150,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2017 and were signed on its
behalf by:

S T Davis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller

Entities (effective January 2015).

Tangible fixed assets

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

Freehold property

-

Not provided

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Pension costs

The Company operates a defined contribution pension scheme. The assets of the scheme are held

separately from those of the company in an independently administered fund. The pension cost charge

represents contributions payable by the company to the fund.

Freehold property

The company has not depreciated it's freehold property in accordance with accounting standards. It is

the company's policy to maintain it's property in a continual state of sound repair and so any

depreciation would be immaterial. Provision will be made should any permanent diminution in value

occur.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 July 2015

1,923,559

Additions

1,220

At 30 June 2016

1,924,779

DEPRECIATION

At 1 July 2015

211,202

Charge for year

9,094

At 30 June 2016

220,296

NET BOOK VALUE

At 30 June 2016

1,704,483

At 30 June 2015

1,712,357

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2015

and 30 June 2016

101

NET BOOK VALUE

At 30 June 2016

101

At 30 June 2015

101

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Anglo-European Pipelines Ltd (formerly Global Disposal Ltd)

Nature of business: Dormant

%

Class of shares:

holding

Ordinary £1

100.00

Anglo European Contracting Ltd

Nature of business: Plant hire and construction

%

Class of shares:

holding

Ordinary A £1

100.00

Ordinary B £1

100.00

Glideover Ltd

Nature of business: Property development

%

Class of shares:

holding

Ordinary £1

50.00

4.

CREDITORS

Creditors include an amount of £ 1,588,060 (30.6.15 - £ 1,736,859 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

5,600

Ordinary

£1

5,600