Cowbridge Developments (Hertford) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08822199 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Cowbridge Developments (Hertford)

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J H Williamson

P J Rigotti

G R Dale

REGISTERED OFFICE:

The Balsams Barn

Bromley Lane

Standen

Ware

SG11 1NS

REGISTERED NUMBER:

08822199 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

CURRENT ASSETS

Stocks

1,440,116

561,441

Debtors

580

-

1,440,696

561,441

CREDITORS

Amounts falling due within one year

1,454,076

565,175

NET CURRENT LIABILITIES

(13,380

)

(3,734

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,380

)

(3,734

)

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

(13,381

)

(3,735

)

SHAREHOLDERS' FUNDS

(13,380

)

(3,734

)

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 20 June 2017 and were signed on its behalf by:

J H Williamson - Director

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.

Costs include 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.

Going concern

The company will continue to be provided with financial support by its parent company Nounsley Developments Limited.

The directors envisage, therefore, that the company shall continue to trade as a going concern for the period of at least one

year and one day from the balance sheet date. In light of this support, the financial statements have been prepared on a

going concern basis.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

1

Ordinary Share Capital

1

1

1