David McLean (Projects) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02766711 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2015

FOR

DAVID MCLEAN (PROJECTS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D.C McLean

J.K Jones

H.P Lynes

I.G Sanderson

SECRETARY:

I.G Sanderson

REGISTERED OFFICE:

Riverside House

River Lane

Saltney

Chester

CH4 8RQ

REGISTERED NUMBER:

02766711 (England and Wales)

ACCOUNTANTS:

McAleavy & Co.

M. D. Coxey & Co. Limited

Chartered Accountants and Registered Auditors

Riverside House

River Lane

Saltney

Chester

CH4 8RQ

BANKERS:

HSBC

17-19 Regent Street

Wrexham

LL11 1RY

FIXED ASSETS

Investment property

2

208,917

175,442

CURRENT ASSETS

Debtors

5,633

185

Cash at bank

32,598

10,593

38,231

10,778

CREDITORS

Amounts falling due within one year

244,632

182,082

NET CURRENT LIABILITIES

(206,401

)

(171,304

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,516

4,138

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

1,516

3,138

SHAREHOLDERS' FUNDS

2,516

4,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2015 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 19th May 2016 and were signed on its behalf by:

D.C McLean - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The turnover shown in the profit and loss account represents rental income derived from the ownership of

freehold land.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1st December 2014

175,442

Additions

33,475

At 30th November 2015

208,917

NET BOOK VALUE

At 30th November 2015

208,917

At 30th November 2014

175,442

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

£

1,000

Ordinary

£1.00

1,000

1,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES