Abbreviated Company Accounts - D J HOLMES DEVELOPMENTS LTD

D J HOLMES DEVELOPMENTS LTD - Company Information

NI602164 D J HOLMES DEVELOPMENTS LTD 2014-02-28 false 2013-03-01 2014-02-28 true NI602164 2013-03-01 2014-02-28 NI602164 2014-02-28 NI602164 2013-02-28 NI602164 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 NI602164 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number NI602164

D J HOLMES DEVELOPMENTS LTD

Abbreviated Accounts

28 February 2014

D J HOLMES DEVELOPMENTS LTD Registered Number NI602164

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	5,000	7,500
Tangible assets	3	53,672	56,143
		58,672	63,643
Current assets
Stocks		514,270	461,200
Debtors		92,441	2,372
Cash at bank and in hand		24,351	8,735
		631,062	472,307
Creditors: amounts falling due within one year		(635,550)	(488,566)
Net current assets (liabilities)		(4,488)	(16,259)
Total assets less current liabilities		54,184	47,384
Total net assets (liabilities)		54,184	47,384
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		54,182	47,382
Shareholders' funds		54,184	47,384

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 29 November 2014

And signed on their behalf by:
David Holmes, Director

D J HOLMES DEVELOPMENTS LTD Registered Number NI602164

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 amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
All Fixed Assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures and Equipment - 15% reducing balance.
Motor vehicles - 15% reducing balance.

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - written off over 4 years.

Other accounting policies
Stocks are valued at the lower of cost and net realiseable value, after making due allowance for obsolete and slow moving items.

2Intangible fixed assets

	£
Cost
At 1 March 2013	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	10,000
Amortisation
At 1 March 2013	2,500
Charge for the year	2,500
On disposals	-
At 28 February 2014	5,000
Net book values
At 28 February 2014	5,000
At 28 February 2013	7,500

3Tangible fixed assets

	£
Cost
At 1 March 2013	66,050
Additions	7,000
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	73,050
Depreciation
At 1 March 2013	9,907
Charge for the year	9,471
On disposals	-
At 28 February 2014	19,378
Net book values
At 28 February 2014	53,672
At 28 February 2013	56,143

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2