Wealden Homes Limited - Period Ending 2014-04-30

Registration number: 00979629

Wealden Homes Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2014
 

Matthews Cooper Limited
Chartered Accountants
52 Killigrew Street
Falmouth
Cornwall
TR11 3PP

Wealden Homes Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Wealden Homes Limited
(Registration number: 00979629)
Abbreviated Balance Sheet at 30 April 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					269,084			269,084
Current assets
Debtors					3,953			-
Cash at bank and in hand					65,008			63,069
					68,961			63,069
Creditors: Amounts falling due within one year					(7,011)			(19,301)
Net current assets					61,950			43,768
Net assets					331,034			312,852
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					331,032			312,850
Shareholders' funds					331,034			312,852

For the year ending 30 April 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 9 January 2015 and signed on its behalf by:

.........................................
Mr PE Story
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Wealden Homes Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2013		277,825			277,825
At 30 April 2014		277,825			277,825
Depreciation
At 1 May 2013		8,741			8,741
At 30 April 2014		8,741			8,741
Net book value
At 30 April 2014		269,084			269,084
At 30 April 2013		269,084			269,084

Page 2

Wealden Homes Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 3