REGISTERED NUMBER: |
PARK HILL HOMES (U.K.) LIMITED |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST MARCH 2015 |
REGISTERED NUMBER: |
PARK HILL HOMES (U.K.) LIMITED |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST MARCH 2015 |
PARK HILL HOMES (U.K.) LIMITED (REGISTERED NUMBER: 04381389) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST MARCH 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
PARK HILL HOMES (U.K.) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST MARCH 2015 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
BANKERS: |
PARK HILL HOMES (U.K.) LIMITED (REGISTERED NUMBER: 04381389) |
ABBREVIATED BALANCE SHEET |
31ST MARCH 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
3 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
PARK HILL HOMES (U.K.) LIMITED (REGISTERED NUMBER: 04381389) |
ABBREVIATED BALANCE SHEET - continued |
31ST MARCH 2015 |
The financial statements were approved by the director on |
PARK HILL HOMES (U.K.) LIMITED (REGISTERED NUMBER: 04381389) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST MARCH 2015 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents net invoiced sales of properties and related services, excluding value added tax. |
Tangible fixed assets |
Plant and machinery | - |
Motor vehicles | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st April 2014 |
Additions |
Disposals | ( |
) |
At 31st March 2015 |
DEPRECIATION |
At 1st April 2014 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31st March 2015 |
NET BOOK VALUE |
At 31st March 2015 |
At 31st March 2014 |
3. | CREDITORS |
Creditors include an amount of £ |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary | £1 |
PARK HILL HOMES (U.K.) LIMITED (REGISTERED NUMBER: 04381389) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2015 |
5. | RELATED PARTY DISCLOSURES |
At the balance sheet date the controlling parties were R.A.Brown and M.V. Brown by virtue of the fact that |
between them they own 100% of the issued ordinary share capital in the company. |
R.A. Brown is a director and both R.A. Brown and M.V. Brown are shareholders in Park Hill House Limited. |
During the year the company purchased goods and services from Park Hill House Limited amounting to £1,000 |
(2014 - £1,000) and sold goods and services to Park Hill House Limited amounting to £613,750 (2014 - |
£428,000), on normal commercial terms. Amounts outstanding as at the balance sheet date amounted to £1,124 |
(2014 - £1,000) due by the company by Park Hill House Limited and £4,000 (2014 - £208,000) due to the |
company to Park Hill House Limited. These sums are shown respectively as part of the accruals and trade |
debtors figures. |
At the balance sheet date the total sum owed by Park Hill House Limited to the company amounted to £20,000 |
(2014 - £nil), in respect of normal inter-company transaction, |
R.A. Brown, M.V. Brown and A.M. Brown charged a total of £1,013 (2014 - £9,951) as interest on monies lent |
to the company during the period. Sums not paid as at the balance sheet date and therefore included within the |
creditors total amounted to £1,013 (2014 - £9,951). These sums were paid shortly after the balance sheet date. |
As at the balance sheet date the company owed R.A. Brown and M.V. Brown a total of £579 (2014 - £139,484) |
and this is included within other loans. |
As at the balance sheet date the company owed A.M. Brown a total of £1,697 (2014 - £5,050) and this is |
included within other loans. |
Dividends paid to shareholders were as follows: |
R.A. Brown - £9,180 (2014 - £16,200) |
M.V. Brown - £8,820 (2014 - £nil) |