Abbreviated Company Accounts - DUCKWORTH INVESTMENTS LIMITED

DUCKWORTH INVESTMENTS LIMITED - Company Information

00436180 DUCKWORTH INVESTMENTS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 00436180 2013-04-01 2014-03-31 00436180 2014-03-31 00436180 2013-03-31 00436180 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 00436180 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 00436180

DUCKWORTH INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2014

DUCKWORTH INVESTMENTS LIMITED Registered Number 00436180

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	500	504
		500	504
Current assets
Debtors		26,000	27,929
Cash at bank and in hand		48,584	42,824
		74,584	70,753
Creditors: amounts falling due within one year		(47,114)	(44,980)
Net current assets (liabilities)		27,470	25,773
Total assets less current liabilities		27,970	26,277
Total net assets (liabilities)		27,970	26,277
Capital and reserves
Called up share capital	3	500	500
Profit and loss account		27,470	25,777
Shareholders' funds		27,970	26,277

For the year ending 31 March 2014 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 17 September 2014

And signed on their behalf by:
HEINRICH FELDMAN, Director

DUCKWORTH INVESTMENTS LIMITED Registered Number 00436180

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
The turnover of the company consists solely of rental income.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 15% per annum on the reducing balance

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Tangible fixed assets

	£
Cost
At 1 April 2013	2,478
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	2,478
Depreciation
At 1 April 2013	1,974
Charge for the year	4
On disposals	-
At 31 March 2014	1,978
Net book values
At 31 March 2014	500
At 31 March 2013	504

Fixed assets

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
500 Ordinary shares of £1 each	500	500