Homestead Land Limited - Period Ending 2014-02-28
Homestead Land Limited - Period Ending 2014-02-28
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Homestead Land Limited
Contents
|
|||
|
Homestead Land Limited
(Registration number: 08088371)
Abbreviated Balance Sheet at 28 February 2014
Note |
28 February 2014
|
28 February 2013
|
|||||||
Fixed assets |
|||||||||
Tangible fixed assets |
|
|
|||||||
Current assets |
|||||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
|
|
||||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current liabilities |
( |
( |
|||||||
Net liabilities |
( |
( |
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
( |
( |
|||||||
Shareholders' deficit |
( |
( |
Approved by the director on
.........................................
Mr David John Rowe
Director
1
Homestead Land Limited
Notes to the Abbreviated Accounts for the Year Ended 28 February 2014
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis. The deficit shown on the balance sheet is fully covered by loans due to group companies and there is no intention to recall these loans in the foreseeable future. Consequently the going concern basis has been adopted.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
|
Freehold land |
|
Biological assets - cattle |
|
Deferred tax
Homestead Land Limited
Notes to the Abbreviated Accounts for the Year Ended 28 February 2014
......... continued
Fixed assets |
Tangible assets
|
Total
|
|||||
Cost |
||||||
At 1 March 2013 |
24,098 |
24,098 |
||||
Additions |
69,569 |
69,569 |
||||
At 28 February 2014 |
93,667 |
93,667 |
||||
Depreciation |
||||||
At 1 March 2013 |
738 |
738 |
||||
Charge for the year |
7,173 |
7,173 |
||||
At 28 February 2014 |
7,911 |
7,911 |
||||
Net book value |
||||||
At 28 February 2014 |
|
|
||||
At 28 February 2013 |
|
|
Share capital |
Allotted, called up and fully paid shares
28 February 2014 |
28 February 2013 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||
Control |
The company is controlled by