Accounts filed on 30-04-2014
Accounts filed on 30-04-2014
trueJ V D Property Development Ltd075892372014-04-3034848-82141484848144178614500001450000148484814417861484848144178614848481441786790060200022749081443786276355262241342104366430803394596Basis of accounting
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).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
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.Ordinary1145000014500001450000The company issued 1,450,000 ordinary shares of £1 each at par during the period ended 30th April 2012. 850,000 were issued on incorporation on 4th April 2011 and 600,000 were issued on 19th March 2012. The company was under the control of Mr J A Williams throughout the current
period by virtue of his controlling interest.
J. Williams (director) is a trustee of H Williams and Sons Ltd FURBS who advanced loan facilities amounting to £780,000 as at 30th April 2014 (maximum loan outstanding during the year of £1,180,000).Interest was paid of £52,391.2014-12-10Mr J A WilliamsMr J WilliamsDirectortruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureJ V D Property Development Ltd2013-05-012014-04-30J V D Property Development Ltd2012-05-012013-04-30J V D Property Development Ltd2012-04-30J V D Property Development Ltd2013-04-30J V D Property Development Ltd2013-04-30J V D Property Development Ltd2014-04-30 2014-12-16
