Company Registration No. 09116809 (England and Wales)
ASTINDALE PROJECTS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
ASTINDALE PROJECTS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ASTINDALE PROJECTS LIMITED
Company Registration No. 09116809
ABBREVIATED BALANCE SHEET
AS AT 30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
50
50
Current assets
Stocks
46,356
19,885
Debtors
2,046
3,941
Cash at bank and in hand
2,611
7,134
51,013
30,960
Creditors: amounts falling due within one year
(57,945)
(33,903)
Net current liabilities
(6,932)
(2,943)
Total assets less current liabilities
(6,882)
(2,893)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(6,982)
(2,993)
Shareholders' funds
(6,882)
(2,893)
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 January 2017
K Harper
Director
ASTINDALE PROJECTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Going concern
At the balance sheet date the company had net liabilities of £6,882. Included within creditors are amounts due to connected companies of £48,806. The director has confirmed that these loans would not be recalled to the detriment of the company and therefore the accounts have been prepared on the going concern basis.
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.
2
Fixed assets
Investments
£
Cost
At 1 May 2015 & at 30 April 2016
50
At 30 April 2015
50
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Participating interests
Hook Place Farm Limited
England
Ordinary
50.00
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Hook Place Farm Limited
Property Development
(2,421)
(2,521)
ASTINDALE PROJECTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
50 Ordinary A shares of £1 each
50
50
50 Ordinary B shares of £1 each
50
50
100
100