Company Registration No. SC141656 (Scotland)
Redding Park Development Company Limited
Abbreviated unaudited accounts
for the year ended 31 March 2016
Redding Park Development Company Limited
Abbreviated Balance Sheet
as at
31 March 2016
Tangible assets
7,984
9,981
Investments
203,905
203,905
Stocks
3,200,000
2,900,000
Creditors: amounts falling due within one year
(3,582,965)
(3,408,971)
Net current liabilities
(254,030)
(410,149)
Total assets less current liabilities
(42,141)
(196,263)
Creditors: amounts falling due after more than one year
(250,000)
(300,000)
Net liabilities
(292,141)
(496,263)
Called up share capital
1,000
1,000
Revaluation reserve
300,000
-
Profit and loss account
(593,141)
(497,263)
Total shareholders' funds
(292,141)
(496,263)
For the year ending 31 March 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 21 September 2016
Gordon Murray MacPherson
Director
Company Registration No. SC141656
Redding Park Development Company Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
2
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
At 1 April 2015
77,894
51,361
129,255
At 31 March 2016
77,894
51,361
129,255
At 1 April 2015
71,605
47,669
119,274
Charge for the year
1,258
739
1,997
At 31 March 2016
72,863
48,408
121,271
At 31 March 2016
5,031
2,953
7,984
At 31 March 2015
6,289
3,692
9,981
3
Investments
Subsidiary undertakings
Other investments
Total
At 1 April 2015
200,000
3,905
203,905
At 31 March 2016
200,000
3,905
203,905
4
Share capital
2016
2015
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000