Searchwood Developments Limited - Abbreviated accounts 16.3

Searchwood Developments Limited - Abbreviated accounts 16.3


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REGISTERED NUMBER: 09198037 (England and Wales)
















ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

SEARCHWOOD DEVELOPMENTS LIMITED

SEARCHWOOD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09198037)

CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 30 September 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

SEARCHWOOD DEVELOPMENTS LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2016







DIRECTORS: S J Frankham
M D Johnson
D F Wise





SECRETARY: J C Gardner





REGISTERED OFFICE: Irene House
Five Arches Business Park
Maidstone Road
Sidcup
Kent
DA14 5AE





REGISTERED NUMBER: 09198037 (England and Wales)





ACCOUNTANTS: Crane & Partners
Chartered Accountants
Leonard House
5 - 7 Newman Road
Bromley
Kent
BR1 1RJ

SEARCHWOOD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09198037)

ABBREVIATED BALANCE SHEET
30 September 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Stocks 2,848,516 1,649,770
Debtors 239 -
Cash at bank 7,467 5,986
2,856,222 1,655,756
CREDITORS
Amounts falling due within one year 1,144,754 1,140,231
NET CURRENT ASSETS 1,711,468 515,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,711,468

515,525

CREDITORS
Amounts falling due after more than one
year

1,800,268

555,344
NET LIABILITIES (88,800 ) (39,819 )

CAPITAL AND RESERVES
Called up share capital 2 300 300
Profit and loss account (89,100 ) (40,119 )
SHAREHOLDERS' FUNDS (88,800 ) (39,819 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 24 May 2017 and were signed on its
behalf by:



S J Frankham - Director


SEARCHWOOD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09198037)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 30 September 2016


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

2. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
300 Ordinary £1 300 300