SIIL Developments Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09321568 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

SIIL DEVELOPMENTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Director:

Mr D Anders

Registered office:

Hindle House

14A Tan House Lane

Parbold

Wigan

Lancashire

WN8 7HG

Registered number:

09321568 (England and Wales)

Accountants:

NR Barton

19-21 Bridgeman Terrace

Wigan

Lancashire

WN1 1TD

CURRENT ASSETS

Stocks

1,074,135

183,040

Debtors

26,453

20,000

Cash at bank

55

5,520

1,100,643

208,560

CREDITORS

Amounts falling due within one year

2

1,209,715

225,220

NET CURRENT LIABILITIES

(109,072

)

(16,660

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(109,072

)

(16,660

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(109,073

)

(16,661

)

SHAREHOLDERS' FUNDS

(109,072

)

(16,660

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 August 2017 and were signed by:

Mr D Anders - 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).

Turnover

Turnover represents rental income received.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.

CREDITORS

Creditors include an amount of £ 1,136,920 (30.11.15 - £ 204,220 ) for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

1

Ordinary

£1

1

1