Abbreviated Company Accounts - DOUGLAS INSURANCE BROKERS LTD.

Abbreviated Company Accounts - DOUGLAS INSURANCE BROKERS LTD.

DOUGLAS INSURANCE BROKERS LTD. - Company Information

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Registered Number 00520385

DOUGLAS INSURANCE BROKERS LTD.

Abbreviated Accounts

31 March 2015

DOUGLAS INSURANCE BROKERS LTD. Registered Number 00520385

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 166,716 169,358
166,716 169,358
Current assets
Debtors 273,009 309,553
Cash at bank and in hand 346,327 328,524
619,336 638,077
Creditors: amounts falling due within one year (483,401) (498,024)
Net current assets (liabilities) 135,935 140,053
Total assets less current liabilities 302,651 309,411
Creditors: amounts falling due after more than one year (54,017) (65,852)
Provisions for liabilities (904) (1,337)
Total net assets (liabilities) 247,730 242,222
Capital and reserves
Called up share capital 4,000 4,000
Revaluation reserve 116,730 116,730
Profit and loss account 127,000 121,492
Shareholders' funds 247,730 242,222
  • For the year ending 31 March 2015 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 20 May 2015

And signed on their behalf by:
Ian Douglas, Director

DOUGLAS INSURANCE BROKERS LTD. Registered Number 00520385

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

2Tangible fixed assets
£
Cost
At 1 April 2014 265,193
Additions 897
Disposals -
Revaluations -
Transfers -
At 31 March 2015 266,090
Depreciation
At 1 April 2014 95,835
Charge for the year 3,539
On disposals -
At 31 March 2015 99,374
Net book values
At 31 March 2015 166,716
At 31 March 2014 169,358