Abbreviated Company Accounts - WESTERHOUSE DEVELOPMENTS (PENICUIK) LIMITED

WESTERHOUSE DEVELOPMENTS (PENICUIK) LIMITED - Company Information

SC292451 WESTERHOUSE DEVELOPMENTS (PENICUIK) LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true SC292451 2015-11-01 2016-10-31 SC292451 2016-10-31 SC292451 2015-10-31 SC292451 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 SC292451 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number SC292451

WESTERHOUSE DEVELOPMENTS (PENICUIK) LIMITED

Abbreviated Accounts

31 October 2016

WESTERHOUSE DEVELOPMENTS (PENICUIK) LIMITED Registered Number SC292451

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	237,540	237,540
		237,540	237,540
Current assets
Debtors		33	33
Cash at bank and in hand		17,189	888
		17,222	921
Creditors: amounts falling due within one year		(107,007)	(101,273)
Net current assets (liabilities)		(89,785)	(100,352)
Total assets less current liabilities		147,755	137,188
Total net assets (liabilities)		147,755	137,188
Capital and reserves
Called up share capital	3	15,000	15,000
Share premium account		30,000	30,000
Other reserves		55,000	55,000
Profit and loss account		47,755	37,188
Shareholders' funds		147,755	137,188

For the year ending 31 October 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 24 May 2017

And signed on their behalf by:
Norman Kristoffersen, Director

WESTERHOUSE DEVELOPMENTS (PENICUIK) LIMITED Registered Number SC292451

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - 0%

Other accounting policies
Investment properties
The directors consider that the property valuation is commensurate with current market values.

2Tangible fixed assets

	£
Cost
At 1 November 2015	237,540
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	237,540
Depreciation
At 1 November 2015	-
Charge for the year	-
On disposals	-
At 31 October 2016	-
Net book values
At 31 October 2016	237,540
At 31 October 2015	237,540

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

	2016 £	2015 £
15,000 Ordinary shares of £1 each	15,000	15,000