DWG Enterprises Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC424140 (Scotland)

Abbreviated Accounts for the Year Ended 31 May 2015

for

DWG Enterprises Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Gilbert

REGISTERED OFFICE:

9 Beechgrove Gardens

Aberdeen

AB15 5HG

REGISTERED NUMBER:

SC424140 (Scotland)

ACCOUNTANTS:

A J Croll & Company

19 Bon Accord Crescent

Aberdeen

Aberdeenshire

AB11 6DE

FIXED ASSETS

Tangible assets

2

816

131

CURRENT ASSETS

Debtors

6,185

9,870

Cash at bank

178,668

134,100

184,853

143,970

CREDITORS

Amounts falling due within one year

18,157

23,959

NET CURRENT ASSETS

166,696

120,011

TOTAL ASSETS LESS CURRENT LIABILITIES

167,512

120,142

PROVISIONS FOR LIABILITIES

163

26

NET ASSETS

167,349

120,116

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

167,348

120,115

SHAREHOLDERS' FUNDS

167,349

120,116

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

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

The director acknowledges his 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 director on 6 December 2015 and were signed by:

D Gilbert - 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.

Computer equipment

-

25% on cost

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

At 1 June 2014

262

Additions

999

At 31 May 2015

1,261

DEPRECIATION

At 1 June 2014

131

Charge for year

314

At 31 May 2015

445

NET BOOK VALUE

At 31 May 2015

816

At 31 May 2014

131

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

1

Ordinary

£1

1

1