Austonley Developments Limited - Accounts to registrar (filleted) - small 17.3
Austonley Developments Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| AUSTONLEY DEVELOPMENTS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2017 |
| AUSTONLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04118450) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 August 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| AUSTONLEY DEVELOPMENTS LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 August 2017 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Vernon House |
| 40 New North Road |
| Huddersfield |
| West Yorkshire |
| HD1 5LS |
| BANKERS: |
| 1 Westgate |
| Huddersfield |
| HD1 2DN |
| AUSTONLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04118450) |
| BALANCE SHEET |
| 31 August 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| AUSTONLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04118450) |
| BALANCE SHEET - continued |
| 31 August 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| AUSTONLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04118450) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 August 2017 |
| 1. | STATUTORY INFORMATION |
| Austonley Developments Limited is a |
| The company's registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on the going concern basis which assumes that the company will |
| continue in operational existence for the foreseeable future. The validity of the assumption depends on the |
| continuing support of the company's directors. The financial statements do not include any adjustments that |
| would result if the support did not continue. |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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 |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital |
| element of the future payments is treated as a liability. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2016 - NIL). |
| AUSTONLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04118450) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 August 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 September 2016 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 August 2017 |
| DEPRECIATION |
| At 1 September 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 August 2017 |
| NET BOOK VALUE |
| At 31 August 2017 |
| At 31 August 2016 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 September 2016 |
| and 31 August 2017 |
| DEPRECIATION |
| At 1 September 2016 |
| Charge for year |
| At 31 August 2017 |
| NET BOOK VALUE |
| At 31 August 2017 |
| At 31 August 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| AUSTONLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 04118450) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 August 2017 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 83,618 | 99,218 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| Hire purchase | 13,534 | 19,627 |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |
| 10. | FIRST YEAR ADOPTION |
| The director has given due consideration to the transition to FRS 102 Section 1A and has concluded that any |
| identified adjustments are not material; consequently, no changes have arisen in the comparative figures. |