CARAMONT_DEVELOPMENTS_LIM - Accounts

CARAMONT DEVELOPMENTS LIMITED - Company Information

Print Friendly Version

Company Registration No. 07094960 (England and Wales)

CARAMONT DEVELOPMENTS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Richard Anthony and Company

Chartered Accountants

CARAMONT DEVELOPMENTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

CARAMONT DEVELOPMENTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Fixed assets

Investments

945,857

584,561

Current assets

Stocks

694,997

764,161

Debtors

13,281

2,733

Cash at bank and in hand

24,971

16,007

733,249

782,901

Creditors: amounts falling due within one year

(697,926)

(267,575)

Net current assets

35,323

515,326

Total assets less current liabilities

981,180

1,099,887

Creditors: amounts falling due after more than one year

(1,161,161)

(1,158,168)

(179,981)

(58,281)

Capital and reserves

Called up share capital

Profit and loss account

(179,983)

(58,283)

Shareholders' funds

(179,981)

(58,281)

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 4 September 2014

S Friel

Director

Company Registration No. 07094960

CARAMONT DEVELOPMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for sale of properties or parts thereof net of VAT.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.5

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 1 April 2013

584,561

Additions

361,296

At 31 March 2014

945,857

At 31 March 2013

584,561

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Cathedral (Eltham) Limited

Ordinary

100.00

CARAMONT DEVELOPMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2014

Fixed assets

(Continued)

- 3 -

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2014

Principal activity

Cathedral (Eltham) Limited

Property development

63,123

9,110

Share capital

2014

2013

Allotted, called up and fully paid

2 Ordinary shares of £1 each