Accounts filed on 31-10-2016

Accounts filed on 31-10-2016

SAVERNAKE HOMES LIMITED - Company Information

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98438292015-10-272016-10-31falsetruehttp://www.companieshouse.gov.uk/2015-10-26http://www.companieshouse.gov.uk/cd:Director12015-10-272016-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-10-272016-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-10-31http://www.companieshouse.gov.uk/2015-10-272016-10-31http://www.companieshouse.gov.uk/2016-10-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-10-272016-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 9843829
Savernake Homes Limited
ABBREVIATED ACCOUNTS
FOR THE 371 DAY PERIOD ENDED 31 OCTOBER 2016
Prepared By:
Simon Porter & Co Accountants Ltd
1 Prospect Street
Caversham
Reading
RG4 8JB
Savernake Homes Limited
ABBREVIATED ACCOUNTS
FOR THE 371 DAY PERIOD ENDED 31 October 2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 9843829
Savernake Homes Limited
Registered Number: 9843829
BALANCE SHEET AT 31 OCTOBER 2016
2016
Notes£
CURRENT ASSETS
Stock425,149
Cash at bank and in hand27
425,176
CREDITORS: Amounts falling due within one year431,645
NET CURRENT LIABILITIES(6,469)
TOTAL ASSETS LESS CURRENT LIABILITIES(6,469)
CAPITAL AND RESERVES
Called up share capital22
Profit and loss account(6,471)
SHAREHOLDERS' FUNDS(6,469)
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 16 August 2017 and signed on their behalf by
Simon Wetton
Director
Savernake Homes Limited
NOTES TO THE ACCOUNTS
FOR THE 371 DAY PERIOD ENDED 31 OCTOBER 2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Going Concern
These financial statements have been prepared on the going concern basis since the company is supported by loans from the directors.
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
2. SHARE CAPITAL 2016
£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each2
2
New shares issued during period:
2 Ordinary shares of £1 each2
2
3. CONTROLLING PARTY
The company is controlled by the directors, by virtue of their combined 100% shareholding.