Silkstone Developments Limited - Limited company - abbreviated - 11.6
Silkstone Developments Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| SILKSTONE DEVELOPMENTS LIMITED |
| SILKSTONE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01076548) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| SILKSTONE DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| SILKSTONE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01076548) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 31.3.14 | 31.3.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| SILKSTONE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01076548) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2014 |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on signed on its behalf by: |
| SILKSTONE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01076548) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 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 April 2008). |
| Tangible fixed assets |
| Plant and machinery | - |
| Office equipment | - |
| All fixed assets are initially recorded at cost. |
| Investment property |
| Investment properties are included in the financial statements at historical cost. This |
| treatment does not comply with the requirements of the Financial Reporting Standards for |
| Smaller Entities (effective April 2008) which requires investment properties to be stated at |
| market value. It is the view of the directors that a formal revaluation of the investment |
| properties would not be commercially justifiable. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight |
| line basis over the period of the lease. |
| Work in progress |
| Work in progress is valued on the basis of direct costs plus attributable overheads based on |
| normal level of activity. Provision is made for any foreseeable losses where appropriate. No |
| element of profit is included in the valuation of work in progress. |
| Financial instruments |
| Financial instruments are classified and accounted for, according to the substance of the |
| contractual arrangement, as either financial assets, financial liabilities or equity instruments. |
| An equity instrument is any contract that evidences a residual interest in the assets of the |
| company after deducting all of its liabilities. |
| Pension costs |
| The company operates a defined contribution pension scheme for employees. The assets of |
| the scheme are held separately from those of the company. The annual contributions |
| payable are charged to the profit and loss account. |
| SILKSTONE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01076548) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Additions |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2013 | 48 |
| Additions | 1 |
| At 31 March 2014 | 49 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| SILKSTONE DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01076548) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the balance sheet date in the share capital of companies |
| include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| A Ordinary | 73.00 |
| £ | £ |
| Aggregate capital and reserves | 472,352 | 259,104 |
| Profit for the year | 48,442 | 156,209 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| given. |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.14 | 31.3.13 |
| value: | £ | £ |
| Ordinary | £1 |