Dugdale Investments Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 00703309 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

DUGDALE INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs V A Bottrill

Mrs D G Bull

SECRETARY:

Mrs V A Bottrill

REGISTERED OFFICE:

77 Pallett Drive

Nuneaton

Warwickshire

CV11 6JT

REGISTERED NUMBER:

00703309 (England and Wales)

ACCOUNTANTS:

Stewart Fletcher and Barrett

Chartered Accountants

Manor Court Chambers

Townsend Drive

Nuneaton

Warwickshire

CV11 6RU

FIXED ASSETS

Tangible assets

2

748,185

748,194

CURRENT ASSETS

Debtors

6,585

7,683

Cash at bank

108,792

106,302

115,377

113,985

CREDITORS

Amounts falling due within one year

13,329

16,542

NET CURRENT ASSETS

102,048

97,443

TOTAL ASSETS LESS CURRENT LIABILITIES

850,233

845,637

PROVISIONS FOR LIABILITIES

17

18

NET ASSETS

850,216

845,619

CAPITAL AND RESERVES

Called up share capital

3

1,500

1,500

Revaluation reserve

572,814

572,814

Profit and loss account

275,902

271,305

SHAREHOLDERS' FUNDS

850,216

845,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 11 September 2014 and were signed on its behalf by:

Mrs V A Bottrill - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Improvements to property

-

not provided

Fixtures and fittings

-

10% on reducing balance

The freehold property is investment property and, as in accordance with SSAP 19, is revalued annually and the

aggregate surplus or deficit is transferred to investment revaluation reserve. No depreciation is provided as the

directors consider that this results in the accounts giving a true and fair view.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at

the balance sheet date.

Operating income

Operating income represents the total rents receivable during the year and all arose within the United Kingdom.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2013

and 31 March 2014

749,417

DEPRECIATION

At 1 April 2013

1,223

Charge for year

9

At 31 March 2014

1,232

NET BOOK VALUE

At 31 March 2014

748,185

At 31 March 2013

748,194

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,500

Ordinary

£1

1,500

1,500

4.	CONTROLLING PARTY

The company is not under the control of any one individual.