Devlin Inspection Services Ltd. - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC442992 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2015

for

Devlin Inspection Services Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Devlin

Mrs T Devlin

A Devlin

REGISTERED OFFICE:

75 Highfield

Forbeshill

Forres

IV36 1FN

REGISTERED NUMBER:

SC442992 (Scotland)

ACCOUNTANT:

Gordon Scott

Chartered Accountants

Scottca Ltd

34 Ferryhill

Forres

Moray

IV36 2GY

FIXED ASSETS

Tangible assets

2

5,222

3,366

CURRENT ASSETS

Debtors

9,000

180

Cash at bank

24,696

11,806

33,696

11,986

CREDITORS

Amounts falling due within one year

25,619

12,644

NET CURRENT ASSETS/(LIABILITIES)

8,077

(658

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,299

2,708

PROVISIONS FOR LIABILITIES

1,044

673

NET ASSETS

12,255

2,035

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

12,253

2,033

SHAREHOLDERS' FUNDS

12,255

2,035

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 12 November 2015 and were signed on its behalf by:

A Devlin - 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 services, 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 etc

-

33% on reducing balance and 20% on reducing balance

Deferred tax

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

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or

a right to pay less or to receive more tax, with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed

assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent

that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no

provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not

that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement

assets are sold.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that

there will be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date..

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

3,767

Additions

2,758

At 28 February 2015

6,525

DEPRECIATION

At 1 March 2014

401

Charge for year

902

At 28 February 2015

1,303

NET BOOK VALUE

At 28 February 2015

5,222

At 28 February 2014

3,366

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2