Apella Property Developments Limited - Limited company - abbreviated

REGISTERED NUMBER: 05934683 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Apella Property Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountant

4

DIRECTORS:

D W Newton

S Newton

J J Hobbins

E R Lane

SECRETARY:

J J Hobbins

REGISTERED OFFICE:

Arboury House

Worcester Road

Chipping Norton

Oxford

Oxfordshire

OX7 5XS

REGISTERED NUMBER:

05934683 (England and Wales)

ACCOUNTANT:

P T Reeves

The Old Orchard

Sandy Lane

Southmoor

Oxfordshire

OX13 5HX

CURRENT ASSETS

Stocks

289,212

288,972

Prepayments and accrued income

143

Cash in hand

11,544

3,369

300,899

292,484

CREDITORS

Amounts falling due within one year

300

1,275

NET CURRENT ASSETS

300,599

291,209

TOTAL ASSETS LESS CURRENT
LIABILITIES

300,599

291,209

CREDITORS

Amounts falling due after more than one
year

408,675

NET LIABILITIES

(108,076

)

(117,466

)

CAPITAL AND RESERVES

Called up share capital

2

132

Profit and loss account

(108,208

)

(117,598

)

SHAREHOLDERS' FUNDS

(108,076

)

(117,466

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 19 January 2015 and were signed on its behalf by:

D W Newton - Director

S Newton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The accounts are prepared under the historical cost convention, except in relation to the valuation of work in

progress, and in accordance with the Financial Reporting Standard for Smaller Entities.

Turnover

Turnover comprises the value of goods supplied and services provided to third parties.

Stocks and work in progress

Stocks are valued at the lower of cost and net realisable value and comprise properties acquired and in the

course of redevelopment.

Deferred tax

Deferred tax is provided in respect of material timing differences only to the extent that they are likely to

crystallise. Provision for deferred tax is calculated on the liability method at the expected long term rate of

corporation tax.

Going concern

The directors feel it appropriate to adopt a going concern basis for the preparation of these accounts. The

company continues to pay its debts as and when they fall due and retains the support of its directors.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

132

Ordinary

£1

132

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 December 2014 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil

your statutory responsibilities, from the accounting records and information and explanations supplied to me.

P T Reeves

The Old Orchard

Sandy Lane

Southmoor

Oxfordshire

OX13 5HX

20 January 2015

Apella Property Developments Limited - Limited company - abbreviated - 11.6

Apella Property Developments Limited - Limited company - abbreviated - 11.6