Abbreviated Company Accounts - 1973 DEVELOPMENTS LTD

Abbreviated Company Accounts - 1973 DEVELOPMENTS LTD


Registered Number 04675366

1973 DEVELOPMENTS LTD

Abbreviated Accounts

28 February 2014

1973 DEVELOPMENTS LTD Registered Number 04675366

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,855,457 1,752,358
1,855,457 1,752,358
Current assets
Debtors 96,970 85,970
Cash at bank and in hand 23,233 7,217
120,203 93,187
Creditors: amounts falling due within one year (215,795) (216,906)
Net current assets (liabilities) (95,592) (123,719)
Total assets less current liabilities 1,759,865 1,628,639
Creditors: amounts falling due after more than one year (1,262,622) (1,148,990)
Total net assets (liabilities) 497,243 479,649
Capital and reserves
Called up share capital 3 10 10
Revaluation reserve 459,909 459,909
Profit and loss account 37,324 19,730
Shareholders' funds 497,243 479,649
  • For the year ending 28 February 2014 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 25 November 2014

And signed on their behalf by:
Stephen Hudson, Director

1973 DEVELOPMENTS LTD Registered Number 04675366

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 March 2013 1,753,597
Additions 105,020
Disposals -
Revaluations -
Transfers -
At 28 February 2014 1,858,617
Depreciation
At 1 March 2013 1,239
Charge for the year 1,921
On disposals -
At 28 February 2014 3,160
Net book values
At 28 February 2014 1,855,457
At 28 February 2013 1,752,358
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
10 Ordinary shares of £1 each 10 10