Abbreviated Company Accounts - DUNDAS TEXTILES LTD

DUNDAS TEXTILES LTD - Company Information

08302107 DUNDAS TEXTILES LTD 2014-11-30 false 2013-12-01 2014-11-30 true 08302107 2013-12-01 2014-11-30 08302107 2014-11-30 08302107 2013-11-30 08302107 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 08302107 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 08302107

DUNDAS TEXTILES LTD

Abbreviated Accounts

30 November 2014

DUNDAS TEXTILES LTD Registered Number 08302107

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	734	-
Tangible assets	3	3,023	36
		3,757	36
Current assets
Stocks		12,551	-
Debtors	4	274	330
Investments		10,659	14,941
		23,484	15,271
Creditors: amounts falling due within one year	5	(40,822)	(21,341)
Net current assets (liabilities)		(17,338)	(6,070)
Total assets less current liabilities		(13,581)	(6,034)
Total net assets (liabilities)		(13,581)	(6,034)
Capital and reserves
Called up share capital	6	1	1
Profit and loss account		(13,582)	(6,035)
Shareholders' funds		(13,581)	(6,034)

For the year ending 30 November 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 August 2015

And signed on their behalf by:
Jamie Dundas, Director

DUNDAS TEXTILES LTD Registered Number 08302107

Notes to the Abbreviated Accounts for the period ended 30 November 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and Machinery - 25% per annum of cost

2Intangible fixed assets

	£
Cost
At 1 December 2013	-
Additions	918
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	918
Amortisation
At 1 December 2013	-
Charge for the year	184
On disposals	-
At 30 November 2014	184
Net book values
At 30 November 2014	734
At 30 November 2013	-

3Tangible fixed assets

	£
Cost
At 1 December 2013	48
Additions	3,995
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	4,043
Depreciation
At 1 December 2013	12
Charge for the year	1,008
On disposals	-
At 30 November 2014	1,020
Net book values
At 30 November 2014	3,023
At 30 November 2013	36

4Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	274	330

5Creditors

	2014 £	2013 £
Secured Debts	40,822	21,341

6Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1