Ross Drilling Consultants Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC219656 (Scotland)

Abbreviated Accounts for the Year Ended 31 March 2015

for

ROSS DRILLING CONSULTANTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E M Brown

REGISTERED OFFICE:

9 Farington Street

Dundee

Tayside

DD2 1PJ

REGISTERED NUMBER:

SC219656 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Tangible assets

2

149,449

149,438

CURRENT ASSETS

Debtors

38,440

-

Cash at bank

99,031

35,526

137,471

35,526

CREDITORS

Amounts falling due within one year

18,388

15,158

NET CURRENT ASSETS

119,083

20,368

TOTAL ASSETS LESS CURRENT LIABILITIES

268,532

169,806

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

268,432

169,706

SHAREHOLDERS' FUNDS

268,532

169,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 24 July 2015 and were signed by:

E M Brown - 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Deferred tax

Deferred tax due to timing differences is immaterial and therefore not recognised.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

153,843

Additions

883

Disposals

(2,505

)

At 31 March 2015

152,221

DEPRECIATION

At 1 April 2014

4,405

Charge for year

361

Eliminated on disposal

(1,994

)

At 31 March 2015

2,772

NET BOOK VALUE

At 31 March 2015

149,449

At 31 March 2014

149,438

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100