Abbreviated Company Accounts - DRAINMASTER SCOTLAND LTD.

Abbreviated Company Accounts - DRAINMASTER SCOTLAND LTD.


Registered Number SC341039

DRAINMASTER SCOTLAND LTD.

Abbreviated Accounts

31 March 2015

DRAINMASTER SCOTLAND LTD. Registered Number SC341039

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 30,000 30,000
Tangible assets 3 12,505 23,529
42,505 53,529
Current assets
Stocks 500 500
Debtors 62,204 52,335
Cash at bank and in hand 24,762 24,238
87,466 77,073
Creditors: amounts falling due within one year (48,810) (61,030)
Net current assets (liabilities) 38,656 16,043
Total assets less current liabilities 81,161 69,572
Creditors: amounts falling due after more than one year (15,083) (15,083)
Total net assets (liabilities) 66,078 54,489
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 65,978 54,389
Shareholders' funds 66,078 54,489
  • 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 30 October 2015

And signed on their behalf by:
MR J STEWART, Director

DRAINMASTER SCOTLAND LTD. Registered Number SC341039

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line
Motor vehicles 25% straight line

2Intangible fixed assets
£
Cost
At 1 April 2014 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 30,000
Amortisation
At 1 April 2014 -
Charge for the year -
On disposals -
At 31 March 2015 -
Net book values
At 31 March 2015 30,000
At 31 March 2014 30,000
3Tangible fixed assets
£
Cost
At 1 April 2014 70,078
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 70,078
Depreciation
At 1 April 2014 46,549
Charge for the year 11,024
On disposals -
At 31 March 2015 57,573
Net book values
At 31 March 2015 12,505
At 31 March 2014 23,529
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100