Levington Developments Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07294542 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2017

for

Levington Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs C Harley

SECRETARY:

Mrs C Harley

REGISTERED OFFICE:

Levington House

Castle Levington

Yarm

Cleveland

TS15 9PB

REGISTERED NUMBER:

07294542 (England and Wales)

ACCOUNTANT:

George Charlton

Accountant & Business Adviser

11 Stoneleigh Court

Woodham

Newton Aycliffe

Co. Durham

DL5 4TL

FIXED ASSETS

Tangible assets

4

192,342

158,334

CURRENT ASSETS

Cash at bank

26,600

1,977

CREDITORS

Amounts falling due within one year

5

169,256

149,193

NET CURRENT LIABILITIES

(142,656

)

(147,216

)

TOTAL ASSETS LESS CURRENT LIABILITIES

49,686

11,118

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

49,684

11,116

SHAREHOLDERS' FUNDS

49,686

11,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 28 March 2018 and were signed by:

Mrs C Harley - Director

1.	STATUTORY INFORMATION

Levington Developments Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

1% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 July 2016

163,231

Additions

36,000

At 30 June 2017

199,231

DEPRECIATION

At 1 July 2016

4,897

Charge for year

1,992

At 30 June 2017

6,889

NET BOOK VALUE

At 30 June 2017

192,342

At 30 June 2016

158,334

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Trade creditors

1

494

Taxation and social security

13,570

4,757

Other creditors

155,685

143,942

169,256

149,193