| David R Sinclair Limited |
| Registered number: |
04441577 |
| Abbreviated Balance Sheet |
| as at 31 August 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
28,000 |
|
|
32,000 |
| Tangible assets |
3 |
|
|
7,452 |
|
|
8,768 |
|
|
|
|
35,452 |
|
|
40,768 |
|
| Current assets |
| Stocks |
|
|
4,500 |
|
|
4,500 |
| Debtors |
|
|
1,000 |
|
|
965 |
| Cash at bank and in hand |
|
|
21,223 |
|
|
21,046 |
|
|
|
26,723 |
|
|
26,511 |
|
| Creditors: amounts falling due within one year |
|
|
(40,422) |
|
|
(43,040) |
|
| Net current liabilities |
|
|
|
(13,699) |
|
|
(16,529) |
|
| Net assets |
|
|
|
21,753 |
|
|
24,239 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
21,752 |
|
|
24,238 |
|
| Shareholder's funds |
|
|
|
21,753 |
|
|
24,239 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| David Sinclair |
| Director |
| Approved by the board on 26 May 2016 |
|
| David R Sinclair Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% reducing balance |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
80,000 |
|
At 31 August 2015 |
80,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 September 2014 |
48,000 |
|
Provided during the year |
4,000 |
|
At 31 August 2015 |
52,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
28,000 |
|
At 31 August 2014 |
32,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
39,134 |
|
At 31 August 2015 |
39,134 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2014 |
30,366 |
|
Charge for the year |
1,316 |
|
At 31 August 2015 |
31,682 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
7,452 |
|
At 31 August 2014 |
8,768 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
