Dr Builders (North East) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06270815 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

Dr Builders (North East) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Romanis

SECRETARY:

REGISTERED OFFICE:

Fieldfarm House

Hedworth Lane

Jarrow

Tyne and Wear

NE32 4EJ

REGISTERED NUMBER:

06270815 (England and Wales)

ACCOUNTANTS:

Certax Accounting (Durham)

Unit 6

Parsons Court

Welbury Way

Newton Aycliffe

Co. Durham

DL5 6ZE

FIXED ASSETS

Intangible assets

2

21,840

29,120

Tangible assets

3

4,566

6,093

26,406

35,213

CURRENT ASSETS

Stocks

-

45,000

Debtors

725

7,787

Cash at bank

1,841

13,055

2,566

65,842

CREDITORS

Amounts falling due within one year

24,502

100,924

NET CURRENT LIABILITIES

(21,936

)

(35,082

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,470

131

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

4,469

130

SHAREHOLDERS' FUNDS

4,470

131

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 17 January 2015 and were signed by:

D Romanis - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

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 etc

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of

the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

36,400

AMORTISATION

At 1 July 2013

7,280

Amortisation for year

7,280

At 30 June 2014

14,560

NET BOOK VALUE

At 30 June 2014

21,840

At 30 June 2013

29,120

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

24,613

DEPRECIATION

At 1 July 2013

18,520

Charge for year

1,527

At 30 June 2014

20,047

NET BOOK VALUE

At 30 June 2014

4,566

At 30 June 2013

6,093

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

1

Ordinary

£1

1

1