Abbreviated Company Accounts - BALFORMO DEVELOPMENTS LIMITED

SC133201 BALFORMO DEVELOPMENTS LIMITED 2012-08-31 false 2011-09-01 2012-08-31 true SC133201 2011-09-01 2012-08-31 SC133201 2012-08-31 SC133201 2011-08-31 SC133201 uk-gaap-cd-bus:Director1 2011-09-01 2012-08-31 SC133201 uk-gaap-cd-bus:Director2 2011-09-01 2012-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-09-01 2012-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-08-31 iso4217:GBP shares

Registered Number SC133201

BALFORMO DEVELOPMENTS LIMITED

Abbreviated Accounts

31 August 2012

BALFORMO DEVELOPMENTS LIMITED Registered Number SC133201

Abbreviated Balance Sheet as at 31 August 2012

	Notes	2012	2011
		£	£
Fixed assets
Tangible assets	2	1	2,625
Investments	3	714,427	674,968
		714,428	677,593
Current assets
Cash at bank and in hand		3,020	284
		3,020	284
Net current assets (liabilities)		3,020	284
Total assets less current liabilities		717,448	677,877
Creditors: amounts falling due after more than one year		(144,009)	(151,831)
Total net assets (liabilities)		573,439	526,046
Capital and reserves
Called up share capital	4	2	2
Share premium account		37,183	37,183
Profit and loss account		536,254	488,861
Shareholders' funds		573,439	526,046

For the year ending 31 August 2012 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 29 May 2013

And signed on their behalf by:
Neil W Colliss, Director

BALFORMO DEVELOPMENTS LIMITED Registered Number SC133201

Notes to the Abbreviated Accounts for the period ended 31 August 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
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.

Other accounting policies
Investments
Investments in joint ventures are stated on the balance sheet as the company's share of net assets of the joint ventures. The figures are taken from the most recent financial statements prepared, for the year ended 31 July 2012.

2Tangible fixed assets

	£
Cost
At 1 September 2011	6,374
Additions	-
Disposals	(2,624)
Revaluations	-
Transfers	-
At 31 August 2012	3,750
Depreciation
At 1 September 2011	3,749
Charge for the year	-
On disposals	-
At 31 August 2012	3,749
Net book values
At 31 August 2012	1
At 31 August 2011	2,625

3Fixed assets Investments
Investment in joint venture at 1 September 2011 £674,968
Funds invested £4,913
Share of profit before tax £64,046
Funds withdrawn £(29,500)
Investment at 31 August 2012 £714,427

4Called Up Share Capital
Allotted, called up and fully paid:

	2012 £	2011 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

The directors operate an account with the company. The amounts owed to the directors were:
2012 2011
At 31 August £110,431 £99,326