Doonholm Estate Management Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC466265 (Scotland)

Abbreviated Unaudited Accounts

for the Period 20 December 2013 to 31 March 2015

for

Doonholm Estate Management Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P N B Kennedy

N J F D Hamilton

REGISTERED OFFICE:

Doonholm House

AYR

Ayrshire

KA6 6BL

REGISTERED NUMBER:

SC466265 (Scotland)

ACCOUNTANTS:

Sinclair Scott Chartered Accountants

3 Wellington Square

Ayr

Ayrshire

KA7 1EN

FIXED ASSETS

Tangible assets

2

13,667

CURRENT ASSETS

Debtors

2,902

Cash at bank

6,592

9,494

CREDITORS

Amounts falling due within one year

29,736

NET CURRENT LIABILITIES

(20,242

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,575

)

CAPITAL AND RESERVES

Called up share capital

3

8

Profit and loss account

(6,583

)

SHAREHOLDERS' FUNDS

(6,575

)

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

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

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.

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 Board of Directors on 16 September 2015 and were signed on its behalf by:

P N B Kennedy - 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

The turnover shown in the profit and loss account represents revenue recognised by the company in respect of farming activities

supplied during the period, exclusive of Value Added Tax and any trade discounts if appropriate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

15,355

At 31 March 2015

15,355

DEPRECIATION

Charge for period

1,688

At 31 March 2015

1,688

NET BOOK VALUE

At 31 March 2015

13,667

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

8

Ordinary

1

8

8 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors is an amount owed by the company to director P N B Kennedy totalling £28,177. This loan were made

on an interest free basis with no fixed date of repayment.