D.R. Consultants Limited,Ltd - Accounts

D.R. CONSULTANTS LIMITED - Company Information

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D.R. Consultants Limited

For the year ended 30 June 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 07659737

Contents Page

D.R. Consultants Limited

For the year ended 30 June 2015

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

Accountants' Report

For the year ended 30 June 2015

D.R. Consultants Limited

In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies

Act 2006, we have compiled the financial statements of the company which comprise the profit and loss account,

the balance sheet and the related notes from the accounting records and information and explanations that you

have given to us.

This report is made to the Company's Board of Directors, as a body, in accordance with the terms of our

engagement. Our work has been undertaken so that we might compile the financial statements that we have been

engaged to compile, report to the Company's Board of Directors that we have done so and state those matters that

we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we

do not accept or assume responsibility to anyone other than the Company and the Company's Board of Directors,

as a body, for our work or for this report.

You have acknowledged on the balance sheet, as at 30th June 2015, your duty to ensure that the company has

kept proper accounting records and to prepare financial statements that give a true and fair view under the

Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the

year.

We have not carried out an audit of the financial statements. For this reason, we have not verified the accuracy or

completeness of the accounting records or information and explanations you have given to us and we do not,

therefore, express any opinion on the financial statements.

Fitzgerald and Company

61a High Street

Headcorn

Kent

TN27 9QA

29 February 2016

Dated:

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Abbreviated Balance Sheet

D.R. Consultants Limited

As at 30 June 2015

07659737

Registered Number :

2015

Notes

2014

Fixed assets

Tangible assets

2,076

3,401

2,076

3,401

Current assets

Stocks

3,433

5,523

Debtors

100

2,003

Cash at bank and in hand

1,218

2,326

8,744

5,859

Creditors: amounts falling due within one year

(630)

(999)

5,229

7,745

Net current assets

Total assets less current liabilities

9,821

8,630

Creditors: amounts falling due after more than one year

(15,963)

(6,142)

Net liabilities

(7,333)

Capital and reserves

Called up share capital

Profit and loss account

(6,144)

(7,335)

(6,142)

(7,333)

Shareholders funds

For the year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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.

Date approved by the board: 29 February 2016

Douglas Rimington Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

For the year ended 30 June 2015

D.R. Consultants Limited

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Research and development expenditure

Research and development expenditure is charged to the profit and loss account in the period in which it is incurred.

Website Cost

Planning and operating costs for the company's website are charged to the profit and loss account as incurred.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

5 years Straight line

Computer Equipment

3 years Straight line

Website Development

3 years Straight line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

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Notes to the Abbreviated Financial Statements

For the year ended 30 June 2015

D.R. Consultants Limited

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

5,313

At 01 July 2014

158

Additions

At 30 June 2015

5,471

Depreciation

1,912

At 01 July 2014

1,483

Charge for year

3,395

At 30 June 2015

Net book values

At 30 June 2015

2,076

3,401

At 30 June 2014

3 Share capital

Allotted called up and fully paid

2015

2014

2 Ordinary shares of £1.00 each

4 Loans to Directors

At 30th June 2015, the company owed Douglas Rimington £12,844 (2014: £12,844) and David Rimington £3,119 (2014: £3,119). The amount owed to David Rimington is for manufacturing costs, invoiced to the company under the trading name of One Slot Fencing.

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