CARDHU_DEVELOPMENTS_LIMIT - Accounts

CARDHU DEVELOPMENTS LIMITED - Company Information

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Company Registration No. 08694911 (England and Wales)

CARDHU DEVELOPMENTS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

CARDHU DEVELOPMENTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CARDHU DEVELOPMENTS LIMITED

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CARDHU DEVELOPMENTS LIMITED FOR THE YEAR ENDED 30 NOVEMBER 2016

- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cardhu Developments Limited for the year ended 30 November 2016 set out on pages 2 to 3 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Cardhu Developments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Cardhu Developments Limited and state those matters that we have agreed to state to the Board of Directors of Cardhu Developments Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cardhu Developments Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Cardhu Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cardhu Developments Limited. You consider that Cardhu Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cardhu Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore and Smalley LLP

Chartered Accountants

Fylde House

Skyways Commercial Campus

Amy Johnson Way

Blackpool

FY4 3RS

24 August 2017

CARDHU DEVELOPMENTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2016

- 2 -

2016

2015

Notes

Current assets

Stocks

5,422,350

3,602,050

Debtors

28,400

210,756

Cash at bank and in hand

7,837

1,739

5,458,587

3,814,545

Creditors: amounts falling due within one year

(5,492,866)

(3,834,916)

Total assets less current liabilities

(34,279)

(20,371)

Capital and reserves

Called up share capital

Profit and loss account

(34,285)

(20,377)

Shareholders' funds

(34,279)

(20,371)

For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 24 August 2017

Mr P S D Dockerty

Director

Company Registration No. 08694911

CARDHU DEVELOPMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

- 3 -

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 January 2015).

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

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Share capital

2016

2015

Allotted, called up and fully paid

6 Ordinary of £1 each