D. B. Ryder & Co Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03086603

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2015

for

D. B. RYDER & CO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S G Feast

D K G Taylor

SECRETARY:

D K G Taylor

REGISTERED OFFICE:

2nd Floor

New Penderel House

283 - 288 High Holborn

London

WC1V 7HP

REGISTERED NUMBER:

03086603

ACCOUNTANTS:

Munslows LLP

Chartered Certified Accountants

2nd Floor

New Penderel House

283-288 High Holborn

London

WC1V 7HP

FIXED ASSETS

Tangible assets

2

16,406

1,186

CURRENT ASSETS

Debtors

3

369,623

347,032

Cash at bank

26,434

122,486

396,057

469,518

CREDITORS

Amounts falling due within one year

172,265

219,995

NET CURRENT ASSETS

223,792

249,523

TOTAL ASSETS LESS CURRENT
LIABILITIES

240,198

250,709

CREDITORS

Amounts falling due after more than one
year

(16,433

)

-

PROVISIONS FOR LIABILITIES

(2,808

)

-

NET ASSETS

220,957

250,709

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

220,857

250,609

SHAREHOLDERS' FUNDS

220,957

250,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 15th August 2016 and were signed on its behalf
by:

D K G Taylor - Director

S G Feast - 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

Turnover represents the value of work done on contracts, excluding value added tax and represents the net

invoiced value of cash received adjusted for the value of opening and closing contracts in progress.

Tangible fixed assets

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

Motor vehicles

-

25% on cost

Furniture and equipment

-

25% on cost

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Contracts and retentions

The attributable profit on contracts is recognised once their outcome can be assessed with reasonable certainty.

The profit recognised reflects the proportion of work completed to date on the project.

Full provision is made for losses on all contracts in the year in which the loss is first foreseen.

Retentions receivable are included in the financial statements after making provision for anticipated non

recovery.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts are capitalised in the balance sheet and depreciated over their

estimated useful lives. The interest element of these obligations is charged to the profit and loss account over

the relevant period. The capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

37,250

Additions

21,875

At 31st December 2015

59,125

DEPRECIATION

At 1st January 2015

36,064

Charge for year

6,655

At 31st December 2015

42,719

NET BOOK VALUE

At 31st December 2015

16,406

At 31st December 2014

1,186

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 23,333

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100