Dutch & Dutch (Properties) Limited - Limited company - abbreviated - 11.6
Dutch & Dutch (Properties) Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
FOR |
DUTCH & DUTCH (PROPERTIES) LIMITED |
DUTCH & DUTCH (PROPERTIES) LIMITED (REGISTERED NUMBER: 05712151) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
DUTCH & DUTCH (PROPERTIES) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
DUTCH & DUTCH (PROPERTIES) LIMITED (REGISTERED NUMBER: 05712151) |
ABBREVIATED BALANCE SHEET |
30 NOVEMBER 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Share premium |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
DUTCH & DUTCH (PROPERTIES) LIMITED (REGISTERED NUMBER: 05712151) |
ABBREVIATED BALANCE SHEET - continued |
30 NOVEMBER 2014 |
The financial statements were approved by the Board of Directors on |
DUTCH & DUTCH (PROPERTIES) LIMITED (REGISTERED NUMBER: 05712151) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation of |
certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents the total invoice value, excluding value added tax, of goods and services rendered during the |
year. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Investment properties |
Investment properties are valued at their open market value at the balance sheet date. Any surplus on revaluation is |
transferred to the investment property revaluation reserve. Any deficit is deducted from the investment property |
revaluation reserve, except for permanent diminuations in value, which are charged to the profit and loss account. |
In accordance with the Financial Reporting Standard for Smaller Entities, no provision for depreciation is made in |
respect of investment properties with over 20 years to expiry. The director considers that this accounting policy, |
which is a departure from the requirements of the Companies Act 2006 concerning depreciation of fixed assets, is |
therefore necessary to provide a true and fair view. Depreciation is only one of the many factors reflected in the |
annual valuation and the amount which might otherwise have been shown cannot be separately identified or |
quantified. |
2. | INVESTMENT PROPERTY |
Total |
£ |
COST OR VALUATION |
At 1 December 2013 |
Additions |
Revaluations |
At 30 November 2014 |
NET BOOK VALUE |
At 30 November 2014 |
At 30 November 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
4. | ULTIMATE CONTROLLING PARTY |
The company was controlled throughout the current year by A W Matthews and R S M Harris, who are both |
directors of the company. |