Abbreviated Company Accounts - DOHERTY BROS GARAGE DOOR SYSTEMS LIMITED

DOHERTY BROS GARAGE DOOR SYSTEMS LIMITED - Company Information

Registered Number NI033216

DOHERTY BROS GARAGE DOOR SYSTEMS LIMITED

Abbreviated Accounts

30 April 2015

DOHERTY BROS GARAGE DOOR SYSTEMS LIMITED Registered Number NI033216

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		€	€
Fixed assets
Tangible assets	2	2,807	3,679
		2,807	3,679
Current assets
Stocks		7,860	7,946
Debtors		4,326	1,333
Cash at bank and in hand		59,414	57,107
		71,600	66,386
Creditors: amounts falling due within one year		(75,390)	(57,370)
Net current assets (liabilities)		(3,790)	9,016
Total assets less current liabilities		(983)	12,695
Total net assets (liabilities)		(983)	12,695
Capital and reserves
Called up share capital		127	127
Profit and loss account		(1,110)	12,568
Shareholders' funds		(983)	12,695

For the year ending 30 April 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 2 December 2015

And signed on their behalf by:
Mr. Michael McDonnell, Director
Mrs. Eileen McDonnell, Director

DOHERTY BROS GARAGE DOOR SYSTEMS LIMITED Registered Number NI033216

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Small Entities (effective April 2008).

Turnover policy
In respect of long term contracts and contracts for on-going services, turnover is recognised to the extent that the company obtains a right to consideration as contract activity progresses.

Tangible assets depreciation policy
Land and Buildings Freehold - Straight Line over 5 years
Plant and Machinery - 15% Straight Line
Fixtures, fittings and Equipment - 15% Straight Line
Motor Vehicles - 25% Reducing Balance

2Tangible fixed assets

	€
Cost
At 1 May 2014	125,231
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	125,231
Depreciation
At 1 May 2014	121,552
Charge for the year	872
On disposals	-
At 30 April 2015	122,424
Net book values
At 30 April 2015	2,807
At 30 April 2014	3,679