Donaldson Investments Limited - Limited company - abbreviated

REGISTERED NUMBER: 07446466 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

FOR

DONALDSON INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J S Donaldson

REGISTERED OFFICE:

Unit E

Spinnaker Park

Hempsted Lane

Gloucester

GL2 6JA

REGISTERED NUMBER:

07446466 (England and Wales)

ACCOUNTANTS:

Little and Company

45 Park Road

Gloucester

Gloucestershire

GL1 1LP

FIXED ASSETS

Tangible assets

2

24,132

30,105

Investment property

3

1,294,938

1,319,070

1,325,043

CURRENT ASSETS

Debtors

1,893

1,631

Cash at bank

711,654

727,369

713,547

729,000

CREDITORS

Amounts falling due within one year

15,961

15,627

NET CURRENT ASSETS

697,586

713,373

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,016,656

2,038,416

CAPITAL AND RESERVES

Called up share capital

4

22,270

22,500

Share premium

2,005,730

2,026,500

Profit and loss account

(11,344

)

(10,584

)

SHAREHOLDERS' FUNDS

2,016,656

2,038,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 January 2015 and were signed by:

J S Donaldson - Director

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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Investment property

Contrary to the Financial Reporting Standard for Smaller Entities freehold investment properties are stated on the

balance sheet at cost. No depreciation is provided as the properties are held for investment purposes.

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 1 May 2013

and 30 April 2014

37,466

DEPRECIATION

At 1 May 2013

7,361

Charge for year

5,973

At 30 April 2014

13,334

NET BOOK VALUE

At 30 April 2014

24,132

At 30 April 2013

30,105

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2013

and 30 April 2014

1,294,938

NET BOOK VALUE

At 30 April 2014

1,294,938

At 30 April 2013

1,294,938

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

22,270

Ordinary

£1

22,270

22,500

During the year 230 £1 ordinary shares were redeemed at £91.304 per share.

Donaldson Investments Limited - Limited company - abbreviated - 11.6

Donaldson Investments Limited - Limited company - abbreviated - 11.6