Landspeed Homes Limited
|
Registered number: |
08726176
|
Abbreviated Balance Sheet |
as at 31 October 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Investments |
2 |
|
|
275,511 |
|
|
- |
|
Current assets |
Stocks |
|
|
752,500 |
|
|
102,290 |
Debtors |
|
|
2,181 |
|
|
1,000 |
Cash at bank and in hand |
|
|
586,800 |
|
|
11,570 |
|
|
|
1,341,481 |
|
|
114,860 |
|
Creditors: amounts falling due within one year |
|
|
(126,898) |
|
|
(227) |
|
Net current assets |
|
|
|
1,214,583 |
|
|
114,633 |
|
Total assets less current liabilities |
|
|
|
1,490,094 |
|
|
114,633 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(1,205,528) |
|
|
(177,291) |
|
|
|
Net assets/(liabilities) |
|
|
|
284,566 |
|
|
(62,658) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2,000 |
|
|
1,000 |
Revaluation reserve |
|
|
|
275,482 |
|
|
- |
Profit and loss account |
|
|
|
7,084 |
|
|
(63,658) |
|
Shareholders' funds |
|
|
|
284,566 |
|
|
(62,658) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
E L Reddick |
Director |
Approved by the board on 17 February 2016
|
|
Landspeed Homes Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 October 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Investments |
£ |
|
|
Cost |
|
Additions |
275,511 |
|
|
At 31 October 2015 |
275,511 |
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary A shares
|
£1 each |
|
500 |
|
500 |
|
500 |
|
Ordinary B shares |
£1 each |
|
500 |
|
500 |
|
500 |
|
Ordinary C shares
|
£1 each |
|
1,000 |
|
1,000 |
|
- |
|
|
|
|
|
|
2,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
Nominal |
Number |
Amount |
value |
£ |
|
Shares issued during the period: |
|
Ordinary C shares
|
£1 each |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
1,000 |
|
|
|
|
|
|
|