Donald Peel Limited - Limited company - abbreviated - 11.6

Donald Peel Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 06617298 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

Donald Peel Limited

Donald Peel Limited (Registered number: 06617298)






Contents of the Abbreviated Accounts
for the Year Ended 30 June 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Donald Peel Limited

Company Information
for the Year Ended 30 June 2014







DIRECTOR: Mr D Peel





SECRETARY: Mr P Keegan





REGISTERED OFFICE: C/o Fraser Brown
84 Friar Lane
Nottingham
NG1 6ED





REGISTERED NUMBER: 06617298 (England and Wales)





ACCOUNTANTS: Franklin Underwood
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Donald Peel Limited (Registered number: 06617298)

Abbreviated Balance Sheet
30 June 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 100,000 125,000

CURRENT ASSETS
Debtors 94,455 21,492
Cash at bank 53 32
94,508 21,524
CREDITORS
Amounts falling due within one year 180,732 139,341
NET CURRENT LIABILITIES (86,224 ) (117,817 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,776

7,183

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 13,775 7,182
SHAREHOLDERS' FUNDS 13,776 7,183

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 12 February 2015 and were signed by:





Mr D Peel - Director


Donald Peel Limited (Registered number: 06617298)

Notes to the Abbreviated Accounts
for the Year Ended 30 June 2014

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 the company's share of the profits of the partnership, Fraser Brown Solicitors.

Goodwill
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their
estimated useful economic lives as follows:

Goodwill - ten years

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2013
and 30 June 2014 250,000
AMORTISATION
At 1 July 2013 125,000
Amortisation for year 25,000
At 30 June 2014 150,000
NET BOOK VALUE

At 30 June 2014 100,000
At 30 June 2013 125,000

Goodwill arose on the purchase of the company's share in Fraser Brown Solicitors.

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1 Ordinary £1 1 1