Elite Development Services Limited - Abbreviated accounts

Registered number

05036368

Elite Development Services Limited

Abbreviated Accounts

28 February 2014

Elite Development Services Limited
Registered number:		05036368
Abbreviated Balance Sheet
as at 28 February 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		-			317,018

Current assets
Debtors		139,471			56,764
Investments held as current assets		249,995			-
Cash at bank and in hand		-			10,614
		389,466			67,378

Creditors: amounts falling due within one year		(318,133)			(234,323)

Net current assets/(liabilities)			71,333			(166,945)

Total assets less current liabilities			71,333			150,073

Creditors: amounts falling due after more than one year			(145,125)			(145,125)



Net (liabilities)/assets			(73,792)			4,948

Capital and reserves
Called up share capital	3		100			100
Revaluation reserve			-			3,013
Profit and loss account			(73,892)			1,835

Shareholders' funds			(73,792)			4,948

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Dr I J Smith
Director
Approved by the board on 9 December 2014

Elite Development Services Limited
Notes to the Abbreviated Accounts
for the year ended 28 February 2014

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.


2	Tangible fixed assets					£

	Cost
	At 1 March 2013					317,018
	Additions					10,610
	Disposals					(327,628)
	At 28 February 2014					-

	Depreciation
	Charge for the year					74,620
	Surplus on revaluation					3,013
	On disposals					(77,633)
	At 28 February 2014					-

	Net book value
	At 28 February 2014					-
	At 28 February 2013					317,018


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100