true
The Development Company UK Limited
04069698
2016-09-30
72421
57053
72423
57055
2
2
72423
57055
33079
42367
105502
99422
15647
57046
107686
68461
123333
125507
108977
104395
14356
21112
89855
42376
89855
42376
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Deferred taxation
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date
where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to
receive more tax, with the following exceptions:
gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet
date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged
to tax only where the replacement assets are sold;
there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in
which timing differences reverse, based on tax rates and laws enacted or substantively enacted at
the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Land & Buildings
on a straight line basis
0.0200
Fixtures & Fittings
on a reducing balance basis
0.2500
Motor Vehicles
on a reducing balance basis
0.2500
Office Equipment
on a reducing balance basis
0.2500
192212
131522
60690
102357
89146
13211
192212
131522
60690
102357
89146
13211
33079
42367
Ordinary
1
2
2
2
Creditors: Amounts falling due within one year
The following liabilities disclosed under creditors falling due within one year are secured by the company: Debenture loans 9,288 (2015 - 7,662) Hire purchase agreements 12,000 (2015 - 18,579).
The Finance Wales Investments (10) Ltd facilities are secured by a fixed and floating charge dated 30 September 2015 over the assets of the company.
The Barclays Bank PLC facilities are secured by a fixed and floating charge dated 20 May 2015 over the assets of the company.
2017-06-24
Mr MJ Hopkins
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
The Development Company UK Limited
2015-10-01
2016-09-30
The Development Company UK Limited
2014-10-01
2015-09-30
The Development Company UK Limited
2014-09-30
The Development Company UK Limited
2015-09-30
The Development Company UK Limited
2015-09-30
The Development Company UK Limited
2016-09-30
2017-06-28