Abbreviated Company Accounts - DUNDEE PROPERTY SOLUTIONS LTD.

DUNDEE PROPERTY SOLUTIONS LTD. - Company Information

SC238175 DUNDEE PROPERTY SOLUTIONS LTD. 2014-03-31 false 2013-04-01 2014-03-31 true SC238175 2013-04-01 2014-03-31 SC238175 2014-03-31 SC238175 2013-03-31 SC238175 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 SC238175 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 iso4217:GBP shares

Registered Number SC238175

DUNDEE PROPERTY SOLUTIONS LTD.

Abbreviated Accounts

31 March 2014

DUNDEE PROPERTY SOLUTIONS LTD. Registered Number SC238175

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	451,686	451,044
		451,686	451,044
Current assets
Cash at bank and in hand		4,331	7,760
		4,331	7,760
Creditors: amounts falling due within one year		(371,150)	(371,710)
Net current assets (liabilities)		(366,819)	(363,950)
Total assets less current liabilities		84,867	87,094
Total net assets (liabilities)		84,867	87,094
Capital and reserves
Called up share capital		1	1
Revaluation reserve		83,452	83,452
Profit and loss account		1,414	3,641
Shareholders' funds		84,867	87,094

For the year ending 31 March 2014 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 12 September 2014

And signed on their behalf by:
Mr Donald Forbes, Director

DUNDEE PROPERTY SOLUTIONS LTD. Registered Number SC238175

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25% Straight Line

Valuation information and policy
Investment properties are shown at market value and no depreciation is provided. This is in accordance with the FRSSE which, unlike The Companies Act 2006, does not require depreciation of investment properties.

2Tangible fixed assets

	£
Cost
At 1 April 2013	459,622
Additions	1,009
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	460,631
Depreciation
At 1 April 2013	8,578
Charge for the year	367
On disposals	-
At 31 March 2014	8,945
Net book values
At 31 March 2014	451,686
At 31 March 2013	451,044

The company's properties were revalued in March 2008 by the director.

3Transactions with directors

Name of director receiving advance or credit:	Mr Donald Forbes
Description of the transaction:	Loan to company
Balance at 1 April 2013:	£ 370,047
Advances or credits made:	-
Advances or credits repaid:	£ 170
Balance at 31 March 2014:	£ 369,877

During the year the company paid dividends to Mr Forbes of £8,200 (2013 - £Nil).