Company Registration No. 07263915 (England and Wales)
ACANTHUS DEVELOPMENTS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2012
ACANTHUS DEVELOPMENTS LIMITED
CONTENTS
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Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ACANTHUS DEVELOPMENTS LIMITED
ABBREVIATED BALANCE SHEET
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- 1 -
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2012
2011
Notes
£
£
£
£
Current assets
Debtors
27,864
Cash at bank and in hand
4,075
7,152
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.
31,939
7,152
Creditors: amounts falling due within one year
(50,331)
(14,465)
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.
Total assets less current liabilities
(18,392)
(7,313)
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Capital and reserves
Called up share capital
2
2
2
Profit and loss account
(18,394)
(7,315)
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Shareholders' funds
(18,392)
(7,313)
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For the financial year ended 31 May 2012 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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;
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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 21 February 2013
S S Curran
Director
Company Registration No. 07263915
ACANTHUS DEVELOPMENTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2012
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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 April 2008).
The accounts have been prepared on a going concern basis on the assumption that it will continue to receive the financial suppot of its shareholders.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
2
Share capital
2012
2011
£
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2
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