Abbreviated Company Accounts - DOLAN ESTATES LIMITED

DOLAN ESTATES LIMITED - Company Information

04122334 DOLAN ESTATES LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 04122334 2015-01-01 2015-12-31 04122334 2015-12-31 04122334 2014-12-31 04122334 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04122334 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 04122334

DOLAN ESTATES LIMITED

Abbreviated Accounts

31 December 2015

DOLAN ESTATES LIMITED Registered Number 04122334

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	512,693	512,775
		512,693	512,775
Current assets
Cash at bank and in hand		33,900	7,019
		33,900	7,019
Creditors: amounts falling due within one year		(205,997)	(174,670)
Net current assets (liabilities)		(172,097)	(167,651)
Total assets less current liabilities		340,596	345,124
Total net assets (liabilities)		340,596	345,124
Capital and reserves
Called up share capital	3	4	4
Revaluation reserve		35,000	35,000
Profit and loss account		305,592	310,120
Shareholders' funds		340,596	345,124

For the year ending 31 December 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 29 March 2016

And signed on their behalf by:
Bernard Dolan, Director

DOLAN ESTATES LIMITED Registered Number 04122334

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board
The Company has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it it a small company

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset
over it's expected useful life, as follows:
Land and Buildings - straight line over years
Fixtures, fittings & equipment - 15% reducing balance

Other accounting policies
Operating (loss)/profit is stated after charging:
Depreciation and other amounts written off tangible assets
Loss on disposal of tangible fixed assets

2Tangible fixed assets

	£
Cost
At 1 January 2015	513,729
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	513,729
Depreciation
At 1 January 2015	954
Charge for the year	82
On disposals	-
At 31 December 2015	1,036
Net book values
At 31 December 2015	512,693
At 31 December 2014	512,775

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4