DRAGON_PROPERTY_DESIGNS_L - Accounts
DRAGON_PROPERTY_DESIGNS_L - Accounts
Company Registration No. 05633812 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2014
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2 - 3
Notes to the abbreviated accounts
4 - 5
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE
UNAUDITED STATUTORY ACCOUNTS OF DRAGON PROPERTY DESIGNS LIMITED
- 1 -
The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 5 have been prepared.
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Dragon Property Designs Limited for the Period ended 31 August 2014 set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made solely to the Board of Directors of Dragon Property Designs Limited, as a body, in accordance with the terms of our engagement letter dated 8 September 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Dragon Property Designs Limited and state those matters that we have agreed to state to the Board of Directors of Dragon Property Designs Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dragon Property Designs Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Dragon Property Designs Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dragon Property Designs Limited. You consider that Dragon Property Designs Limited is exempt from the statutory audit requirement for the Period.
We have not been instructed to carry out an audit or a review of the financial statements of Dragon Property Designs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Roberts & Co
Chartered Certified Accountants
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2014
- 2 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
3
(84,522 )
(73,353 )
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
4
(1,013,883 )
(1,017,883 )
631,252
633,203
Capital and reserves
Called up share capital
5
Revaluation reserve
Profit and loss account
Shareholders' funds
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2014
- 3 -
Director's responsibilities:
-
-
Approved by the Board for issue on 10 September 2015
Director
Company Registration No. 05633812
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 AUGUST 2014
- 4 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
2
Fixed assets
Tangible assets
£
Cost or valuation
At 1 December 2013
1,507,156
Additions
917
At 31 August 2014
1,508,073
Depreciation
At 1 December 2013
4,954
Charge for the period
786
At 31 August 2014
5,740
Net book value
At 31 August 2014
1,502,333
At 30 November 2013
1,502,202
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2014
- 5 -
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £6,000 (2013 - £8,000).
4
Creditors: amounts falling due after more than one year
2014
2013
£
£
Analysis of loans repayable in more than five years
5
Share capital
2014
2013
£
£
Allotted, called up and fully paid