Abbreviated Company Accounts - BALFORMO DEVELOPMENTS LIMITED

SC133201 BALFORMO DEVELOPMENTS LIMITED 2013-08-31 false 2012-09-01 2013-08-31 true SC133201 2012-09-01 2013-08-31 SC133201 2013-08-31 SC133201 2012-08-31 SC133201 uk-gaap-cd-bus:Director1 2012-09-01 2013-08-31 SC133201 uk-gaap-cd-bus:Director2 2012-09-01 2013-08-31 uk-gaap-cd-bus:Director3 2012-09-01 2013-08-31 uk-gaap-cd-bus:Director3 2013-08-31 uk-gaap-cd-bus:Director3 2012-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-09-01 2013-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-08-31 iso4217:GBP shares

Registered Number SC133201

BALFORMO DEVELOPMENTS LIMITED

Abbreviated Accounts

31 August 2013

BALFORMO DEVELOPMENTS LIMITED Registered Number SC133201

Abbreviated Balance Sheet as at 31 August 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1	1
Investments	3	684,054	714,427
		684,055	714,428
Current assets
Cash at bank and in hand		363	3,020
		363	3,020
Creditors: amounts falling due within one year		(143,307)	(144,009)
Net current assets (liabilities)		(142,944)	(140,989)
Total assets less current liabilities		541,111	573,439
Total net assets (liabilities)		541,111	573,439
Capital and reserves
Called up share capital	4	2	2
Share premium account		37,183	37,183
Profit and loss account		503,926	536,254
Shareholders' funds		541,111	573,439

For the year ending 31 August 2013 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 28 June 2014

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 2013

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.

Valuation information and policy
Investments in joint ventures are stated on the balance sheet as the company's share of net assets. The figures are taken from the most recent set of financial statements prepared, for the year ended 31 July 2013.

2Tangible fixed assets

	£
Cost
At 1 September 2012	1
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2013	1
Depreciation
At 1 September 2012	-
Charge for the year	-
On disposals	-
At 31 August 2013	-
Net book values
At 31 August 2013	1
At 31 August 2012	1

3Fixed assets Investments
Investment in Joint Venture
Cost at 1 September 2012 £714,427
Funds invested £4,625
Share of loss before tax £(16,998)
Funds withdrawn £(18,000)
Cost at 31 August 2013 £684,054

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	Neil Colliss
Description of the transaction:	Balance owed by company
Balance at 1 September 2012:	£ 110,431
Advances or credits made:	£ 4,625
Advances or credits repaid:	-
Balance at 31 August 2013:	£ 115,056

The balance due by the company to the Directors at 31 August 2013 was £115,056 (2012: £110,431).