Convergent Development Ltd - Period Ending 2017-05-31

Registration number: 03287758

Convergent Development Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2017

Tavistock Business Consultancy Limited
Chartered Accountants
28 Glanville Road
Tavistock
Devon
PL19 0EB

Convergent Development Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	2

Convergent Development Ltd

Company Information

Directors

Mr P B Malcolm Mrs A C Malcolm

Company secretary

Mr P B Malcolm

Registered office

Beech Tree House Manor Road Bladon Woodstock Oxon OX20 1RU

Page 1

Convergent Development Ltd

(Registration number: 03287758)
Balance Sheet as at 31 May 2017

	2017 £	2016 £
Fixed assets	2	35,082
Current assets	52,856	37,249
Creditors: Amounts falling due within one year	(77,609)	(81,693)
Net current liabilities	(24,753)	(44,444)
Total assets less current liabilities	(24,751)	(9,362)
Accruals and deferred income	(467)	(2,370)
	(25,218)	(11,732)
Capital and reserves	(25,218)	(11,732)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Beech Tree House
Manor Road
Bladon
Woodstock
Oxon
OX20 1RU

These financial statements were authorised for issue by the Board on 27 February 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Related party transactions

Transactions with directors

2017	At 1 June 2016 £	Advances to directors £	At 31 May 2017 £
Mrs A C Malcolm
Loan to the directors	12,643	5,000	17,643
Mr P B Malcolm
Loan to the director	12,643	5,000	17,643

Page 2

Convergent Development Ltd

(Registration number: 03287758)
Balance Sheet as at 31 May 2017

2016	At 1 June 2015 £	At 31 May 2016 £
Mrs A C Malcolm
Loan to the directors	12,643	12,643
Mr P B Malcolm
Loan to the director	12,643	12,643

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

For the financial year ending 31 May 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 27 February 2018 and signed on its behalf by:
 

.........................................

Mr P B Malcolm

Director

Page 3