Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Cottage Developments (South West) Limited
Contents
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Cottage Developments (South West) Limited
(Registration number: 04768273)
Abbreviated Balance Sheet at 31 March 2015
Note |
2015 |
2014 |
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£ |
£ |
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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Mr Philip O'Neill
Director
1
Cottage Developments (South West) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided to write off the cost or valuation of fixed assets over their expected useful lives taking into account any residual value.
Depreciation has not been provided against the value of land and buildings on the basis that it is not material.
The director has confirmed that the assets should not be impaired at the balance sheet date.
Asset class |
Depreciation method and rate |
Land and property |
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Hire purchase and leasing
Financial instruments
Creditors
Included in creditors is an amount of £73,012 (2014 - £92,862) owed to the Director, Mr P O'Neill and also an amount of £78,762 (2014 - £86,153) owed to Cottage Developments (SW) Limited (a company under common control and ownership).
Cottage Developments (South West) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 April 2014 |
358,430 |
358,430 |
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At 31 March 2015 |
358,430 |
358,430 |
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Depreciation |
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At 31 March 2015 |
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Net book value |
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At 31 March 2015 |
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At 31 March 2014 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2015
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2014
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Amounts falling due after more than one year |
106,500 |
106,500 |
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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Cottage Developments (South West) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued
Related party transactions |
Director's advances and credits |
2015
Repaid to Director
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2015
Advance from Director
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2014
Repaid to Director
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2014
Advance from Director
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Mr Philip O'Neill |
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- |
5,300 |
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