Abbreviated Company Accounts - WAYWARD DEVELOPMENTS LIMITED

WAYWARD DEVELOPMENTS LIMITED - Company Information

Registered Number 05717070

WAYWARD DEVELOPMENTS LIMITED

Abbreviated Accounts

28 February 2014

WAYWARD DEVELOPMENTS LIMITED Registered Number 05717070

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	454,398	460,000
		454,398	460,000
Current assets
Cash at bank and in hand		4,083	3,762
		4,083	3,762
Creditors: amounts falling due within one year		(215,310)	(202,221)
Net current assets (liabilities)		(211,227)	(198,459)
Total assets less current liabilities		243,171	261,541
Creditors: amounts falling due after more than one year		(212,988)	(248,185)
Total net assets (liabilities)		30,183	13,356
Capital and reserves
Called up share capital		100	100
Profit and loss account		30,083	13,256
Shareholders' funds		30,183	13,356

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 30 November 2014

And signed on their behalf by:
Mr J Farnsworth, Director

WAYWARD DEVELOPMENTS LIMITED Registered Number 05717070

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.

Turnover policy
The turnover shown in the profit and loss account represents revenue earned during the period,exclusive of VAT

Tangible assets depreciation policy
The depreciation provided for on the intrinsic features of the building at 8% on such assets in order to write of such provisions over the useful life of the buildings

Intangible assets amortisation policy
None

Valuation information and policy
None

2Tangible fixed assets

	£
Cost
At 1 March 2013	460,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	460,000
Depreciation
At 1 March 2013	-
Charge for the year	5,602
On disposals	-
At 28 February 2014	5,602
Net book values
At 28 February 2014	454,398
At 28 February 2013	460,000