Taverner (Developments) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00561650 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

TAVERNER (DEVELOPMENTS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M L Taverner

Dr D M Taverner

Ms K V C Taverner

REGISTERED OFFICE:

Benington Park

Benington

Hertfordshire

SG2 7BU

REGISTERED NUMBER:

00561650 (England and Wales)

ACCOUNTANTS:

Arthur Gait & Company

Chartered Accountants

18 Gold Tops

Newport

South Wales

NP20 5WJ

FIXED ASSETS

Tangible assets

2

750,000

750,000

CURRENT ASSETS

Debtors

925

1,093

Cash at bank

35,076

85,260

36,001

86,353

CREDITORS

Amounts falling due within one year

14,724

13,132

NET CURRENT ASSETS

21,277

73,221

TOTAL ASSETS LESS CURRENT LIABILITIES

771,277

823,221

CAPITAL AND RESERVES

Called up share capital

3

100

100

Revaluation reserve

683,923

683,923

Profit and loss account

87,254

139,198

SHAREHOLDERS' FUNDS

771,277

823,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 December 2014 and were signed on its behalf by:

M L Taverner - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

not provided

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2013

and 31 March 2014

750,000

NET BOOK VALUE

At 31 March 2014

750,000

At 31 March 2013

750,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary Shares

£1

100

100

4.	PROPOSED DIVIDENDS

The directors do not propose a dividend.