Admiral Developments (Southern) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06001172 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 November 2017

for

Admiral Developments (Southern) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Webb

Mrs R Webb

SECRETARY:

Mrs R Webb

REGISTERED OFFICE:

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

06001172 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Tangible assets

4

22,353

27,411

CURRENT ASSETS

Debtors

5

8,697

5,999

Cash at bank

256,444

17,709

265,141

23,708

CREDITORS

Amounts falling due within one year

6

260,963

39,652

NET CURRENT ASSETS/(LIABILITIES)

4,178

(15,944

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

26,531

11,467

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

26,331

11,267

SHAREHOLDERS' FUNDS

26,531

11,467

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

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

The directors acknowledge their 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 Board of Directors on 27 April 2018 and were signed on its
behalf by:

S D Webb - Director

1.	STATUTORY INFORMATION

Admiral Developments (Southern) Limited 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.

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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 2 .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 December 2016

45,705

1,275

46,980

Additions

-

529

At 30 November 2017

45,705

1,804

47,509

DEPRECIATION

At 1 December 2016

18,488

1,081

19,569

Charge for year

5,443

144

5,587

At 30 November 2017

23,931

1,225

25,156

NET BOOK VALUE

At 30 November 2017

21,774

579

22,353

At 30 November 2016

27,217

194

27,411

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/17

30/11/16

£

Trade debtors

8,697

5,999

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/17

30/11/16

£

Hire purchase contracts

23,877

28,782

Taxation and social security

21,249

9,690

Other creditors

215,837

1,180

260,963

39,652

Admiral Developments (Southern) Limited - Accounts to registrar (filleted) - small 18.1

Admiral Developments (Southern) Limited - Accounts to registrar (filleted) - small 18.1