Abbreviated Company Accounts - PHASE DEVELOPMENT LIMITED

PHASE DEVELOPMENT LIMITED - Company Information

05948954 PHASE DEVELOPMENT LIMITED 2013-10-31 false 2012-11-01 2013-10-31 true 05948954 2012-11-01 2013-10-31 05948954 2013-10-31 05948954 2012-10-31 05948954 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 05948954 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 05948954

PHASE DEVELOPMENT LIMITED

Abbreviated Accounts

31 October 2013

PHASE DEVELOPMENT LIMITED Registered Number 05948954

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		10	10
Fixed assets
Tangible assets	2	365	1,108
		365	1,108
Current assets
Debtors		4,000	4,000
Cash at bank and in hand		1,659	45
		5,659	4,045
Creditors: amounts falling due within one year		(5,809)	(5,050)
Net current assets (liabilities)		(150)	(1,005)
Total assets less current liabilities		225	113
Total net assets (liabilities)		225	113
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		215	103
Shareholders' funds		225	113

For the year ending 31 October 2013 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 28 July 2014

And signed on their behalf by:
A Blinston, Director

PHASE DEVELOPMENT LIMITED Registered Number 05948954

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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
Turnover represents the invoiced value of services provided.

Tangible assets depreciation policy
Depreciation on tangible fixed assets is provided at rates estimated to write off the cost, less estimated residual value, of each asset over its expected useful life on the straight line basis at 33%.

2Tangible fixed assets

	£
Cost
At 1 November 2012	2,228
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	2,228
Depreciation
At 1 November 2012	1,120
Charge for the year	743
On disposals	-
At 31 October 2013	1,863
Net book values
At 31 October 2013	365
At 31 October 2012	1,108

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
10 Ordinary shares of £1 each	10	10