Cambridge Developments Ltd - Accounts


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Registered Number : 08451127

 

 

 

CAMBRIDGE DEVELOPMENTS LTD


Abbreviated Accounts

31 July 2016
As described in the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2016 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.



....................................................
PSF Accounting
4 Silver Lane
Stamford
Lincolnshire
PE9 2BT
28 March 2017
1
 
 
Notes
 
2016
£
  2015
£
Current assets      
Stocks 279,765    - 
Debtors 287    - 
Cash at bank and in hand 258    22 
280,310    22 
Creditors: amount falling due within one year (197,935)   - 
Net current assets 82,375    22 
Total assets less current liabilities 82,375    22 
Creditors: amount falling due more than one year (87,977)   - 
Net assets (5,602)   22 

Capital and reserves
     
Called up share capital 2 2    2 
Profit and loss account (5,604)   20 
Shareholders funds (5,602)   22 


For the year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.
Signed on behalf of the board of directors


--------------------------------
Jonathan Allen
Director

Date approved by the board: 28 March 2017
2
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Share Capital

Allotted
2016
£
  2015
£
2 Class A shares of £1.00 each 2    2 
2    2 

3