David Cole Developments Limited - Period Ending 2017-03-31
David Cole Developments Limited - Period Ending 2017-03-31
Year Ended
Registration number:
David Cole Developments Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
David Cole Developments Limited
Company Information
Directors |
D Cole F M Cole |
Registered office |
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Accountants |
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Page 1 |
David Cole Developments Limited
Balance Sheet
31 March 2017
Note |
2017 |
2016 |
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Fixed assets |
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Investments |
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- |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
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- |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Total equity |
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Page 2 |
David Cole Developments Limited
Balance Sheet
31 March 2017
For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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D Cole
Director
Company Registration Number: 08922750
Page 3 |
David Cole Developments Limited
Notes to the Financial Statements
Year Ended 31 March 2017
General information |
The company is a private company limited by share capital incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
Trethellan Barn
Trevean Way
Newquay
Cornwall
TR7 1QS
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
Change in basis of accounting
The company's financial statements have been prepared in accordance with FRS102 - the Financial Reporting Standard applicable in the UK and Republic of Ireland. The company has transferred from previously extant UK GAAP to FRS102 as at 1 April 2015. There is no material impact on the reported financial position and financial performance.
Investments
Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Page 4 |
David Cole Developments Limited
Notes to the Financial Statements
Year Ended 31 March 2017
Financial instruments
Classification
• Short term trade and other debtors and creditors.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Investments |
2017 |
2016 |
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Investments in subsidiaries |
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- |
Subsidiaries |
£ |
Cost or valuation |
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Additions |
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Provision |
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At 31 March 2017 |
- |
Carrying amount |
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At 31 March 2017 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Page 5 |
David Cole Developments Limited
Notes to the Financial Statements
Year Ended 31 March 2017
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2017 |
2016 |
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Subsidiary undertakings |
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Lowin House, Tregolls Road, Truro, Cornwall TR1 2NA |
Ordinary shares |
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England and Wales |
The principal activity of DCD (St Marina) Limited is |
DCD (St Marina) Limited was incorporated on 24 January 2017 and, as yet, has not filed accounts.
Debtors |
2017 |
2016 |
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Other debtors |
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Creditors |
2017 |
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Due within one year |
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Other creditors |
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Page 6 |