Abbreviated Company Accounts - DAWSON BROS. (PROPERTIES) LIMITED

DAWSON BROS. (PROPERTIES) LIMITED - Company Information

Registered Number 00353019

DAWSON BROS. (PROPERTIES) LIMITED

Abbreviated Accounts

31 March 2016

DAWSON BROS. (PROPERTIES) LIMITED Registered Number 00353019

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	190,213	190,284
		190,213	190,284
Current assets
Debtors		11,810	7,840
Cash at bank and in hand		27,434	30,039
		39,244	37,879
Creditors: amounts falling due within one year		(42,743)	(42,585)
Net current assets (liabilities)		(3,499)	(4,706)
Total assets less current liabilities		186,714	185,578
Accruals and deferred income		(1,900)	(2,622)
Total net assets (liabilities)		184,814	182,956
Capital and reserves
Called up share capital		660	660
Revaluation reserve		109,541	109,541
Other reserves		1,000	1,000
Profit and loss account		73,613	71,755
Shareholders' funds		184,814	182,956

For the year ending 31 March 2016 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 30 May 2016

And signed on their behalf by:
Mrs P Dawson, Director

DAWSON BROS. (PROPERTIES) LIMITED Registered Number 00353019

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company net of value added tax and trade discounts

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land & Buildings NIL per annum
Fixtures and Fittings 25% per annum Reducing balance method

Valuation information and policy
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributable reserve known as the revaluation reserve.
Revaluation deficits in excess of the amount of prior revaluation surpluses are charged to the profit and loss account

2Tangible fixed assets

	£
Cost
At 1 April 2015	194,400
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	194,400
Depreciation
At 1 April 2015	4,116
Charge for the year	71
On disposals	-
At 31 March 2016	4,187
Net book values
At 31 March 2016	190,213
At 31 March 2015	190,284