Purdie Developments Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04385821 (England and Wales)

Purdie Developments Limited

Unaudited Financial Statements for the Year Ended 31 August 2017

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

T R L Fowler

REGISTERED OFFICE:

C/O Maxwells

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

04385821 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Svenska Handelsbanken AB

3 Thomas More Square

London

E1W 1WY

CURRENT ASSETS

Stocks

-

184,665

Debtors

5,000

5,000

Cash at bank

42,977

470

47,977

190,135

CREDITORS

Amounts falling due within one year

83,743

227,650

NET CURRENT LIABILITIES

(35,766

)

(37,515

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(35,766

)

(37,515

)

CAPITAL AND RESERVES

Called up share capital

160

160

Retained earnings

(35,926

)

(37,675

)

SHAREHOLDERS' FUNDS

(35,766

)

(37,515

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

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.

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.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 August 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 May 2018 and were signed by:

T R L Fowler - Director

1.	STATUTORY INFORMATION

Purdie Developments 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with applicable accounting standards and estimation

techniques.

The financial statements have been prepared on the going concern basis which assumes the continued support of

the company's director.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Turnover

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

value added tax and other sales taxes.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by its director, T Fowler, who owns the majority of the company's issued share

capital.