Abbreviated Company Accounts - EDMOND DEVELOPMENTS LIMITED

Abbreviated Company Accounts - EDMOND DEVELOPMENTS LIMITED


Registered Number SC266973

EDMOND DEVELOPMENTS LIMITED

Abbreviated Accounts

30 April 2014

EDMOND DEVELOPMENTS LIMITED Registered Number SC266973

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Current assets
Stocks 171,408 117,896
Cash at bank and in hand 119 363
171,527 118,259
Creditors: amounts falling due within one year 2 (929) (916)
Net current assets (liabilities) 170,598 117,343
Total assets less current liabilities 170,598 117,343
Creditors: amounts falling due after more than one year 2 (180,903) (127,171)
Total net assets (liabilities) (10,305) (9,828)
Capital and reserves
Called up share capital 3 8 8
Profit and loss account (10,313) (9,836)
Shareholders' funds (10,305) (9,828)
  • 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 26 January 2015

And signed on their behalf by:
Kenneth Edmond, Director

EDMOND DEVELOPMENTS LIMITED Registered Number SC266973

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the resale value realised on the disposal of development land.

Valuation information and policy
Development land is stated at the lower of cost, inclusive of fees and other outlays expended to obtain planning permission, and net realisable value.

Other accounting policies
Going Concern Basis

The company's day to day working capital is funded through loans provided byu the directors.

The directors have confirmed their continuing support and, on this basis, consider it appropriate to prepare financial statments on a going concern basis.

2Creditors
2014
£
2013
£
Secured Debts 180,903 127,171
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
8 Ordinary shares of £1 each 8 8