DWG Enterprises Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC424140 (Scotland)

Abbreviated Accounts for the Year Ended 31 May 2014

for

DWG Enterprises Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Gilbert

REGISTERED OFFICE:

9 Beechgrove Gardens

Aberdeen

AB15 5HG

REGISTERED NUMBER:

SC424140 (Scotland)

ACCOUNTANTS:

A J Croll & Company

19 Bon Accord Crescent

Aberdeen

Aberdeenshire

AB11 6DE

FIXED ASSETS

Tangible assets

2

131

196

CURRENT ASSETS

Debtors

9,870

8,350

Cash at bank

134,100

59,343

143,970

67,693

CREDITORS

Amounts falling due within one year

23,959

16,348

NET CURRENT ASSETS

120,011

51,345

TOTAL ASSETS LESS CURRENT LIABILITIES

120,142

51,541

PROVISIONS FOR LIABILITIES

26

39

NET ASSETS

120,116

51,502

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

120,115

51,501

SHAREHOLDERS' FUNDS

120,116

51,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 19 February 2015 and were signed by:

D Gilbert - 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.

Computer equipment

-

25% on cost

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 June 2013

and 31 May 2014

262

DEPRECIATION

At 1 June 2013

66

Charge for year

65

At 31 May 2014

131

NET BOOK VALUE

At 31 May 2014

131

At 31 May 2013

196

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

1

Ordinary

£1

1

1