Doon Valley (Heat Treatment) Limited - Limited company - abbreviated - 11.9

Doon Valley (Heat Treatment) Limited - Limited company - abbreviated - 11.9

DOON VALLEY (HEAT TREATMENT) LIMITED - Company Information

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REGISTERED NUMBER: SC106571 (Scotland)












ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

DOON VALLEY (HEAT TREATMENT) LIMITED

DOON VALLEY (HEAT TREATMENT) LIMITED (REGISTERED NUMBER: SC106571)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

DOON VALLEY (HEAT TREATMENT) LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2015







DIRECTORS: S Houston
Y Baillie
M Houston





SECRETARY: Y Baillie





REGISTERED OFFICE: The Alhambra Suite
4th Floor
82 Mitchell Street
Glasgow
G1 3NA





REGISTERED NUMBER: SC106571 (Scotland)





ACCOUNTANTS: Portlands
Alhambra Suite
4th Floor
82 Mitchell Street
Glasgow
G1 3NA
Page 1
DOON VALLEY (HEAT TREATMENT) LIMITED (REGISTERED NUMBER: SC106571)

ABBREVIATED BALANCE SHEET
31 March 2015

2015 2014
Notes £    £   
FIXED ASSETS
Tangible assets 2 153,699 114,330

CURRENT ASSETS
Stocks 105,367 7,692
Debtors 557,118 1,520,418
Cash at bank and in hand 1,260,560 837,958
1,923,045 2,366,068
CREDITORS
Amounts falling due within one year (326,991 ) (725,936 )
NET CURRENT ASSETS 1,596,054 1,640,132
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,749,753
1,754,462

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 1,749,653 1,754,362
SHAREHOLDERS' FUNDS 1,749,753 1,754,462

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 15 May 2015 and were signed on its behalf by:





S Houston - Director


The notes form part of these abbreviated accounts

Page 2
DOON VALLEY (HEAT TREATMENT) LIMITED (REGISTERED NUMBER: SC106571)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2015

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 goods, 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.

Land and buildings - 4% on cost
Plant and machinery etc - 25% on cost, 20% on cost and 4% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 230,406
Additions 59,877
At 31 March 2015 290,283
DEPRECIATION
At 1 April 2014 116,076
Charge for year 20,508
At 31 March 2015 136,584
NET BOOK VALUE
At 31 March 2015 153,699
At 31 March 2014 114,330

Page 3 continued...
DOON VALLEY (HEAT TREATMENT) LIMITED (REGISTERED NUMBER: SC106571)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 March 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary shares of £1.00 £1.00 100 100

4. RELATED PARTY DISCLOSURES

The company considers Y Baillie and M. Houston to be its ultimate controlling parties by virtue of the
shareholding in the company.
During the year, Doon Valley Property Ltd, a company that is a related party through common control, had a
balance outstanding of £94,872.

Page 4