Dubhor Energy Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC314716 (Scotland)

Abbreviated Accounts for the Year Ended 31 January 2016

for

Dubhor Energy Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

L F Smith

Mrs P Smith

REGISTERED OFFICE:

34 Albyn Place

Aberdeen

Aberdeenshire

AB10 1FW

REGISTERED NUMBER:

SC314716 (Scotland)

ACCOUNTANTS:

Findlay Brown Ltd

Chartered Certified Accountants

53 Huntly Street

Aberdeen

AB10 1TH

FIXED ASSETS

Tangible assets

2

5,095

4,890

CURRENT ASSETS

Debtors

22,708

36,342

Investments

77,990

Cash at bank

202,620

288,816

303,318

403,148

CREDITORS

Amounts falling due within one year

17,391

74,643

NET CURRENT ASSETS

285,927

328,505

TOTAL ASSETS LESS CURRENT
LIABILITIES

291,022

333,395

PROVISIONS FOR LIABILITIES

1,019

978

NET ASSETS

290,003

332,417

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

290,001

332,415

SHAREHOLDERS' FUNDS

290,003

332,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 19 October 2016 and were signed on its behalf by:

L F Smith - Director

Mrs P Smith - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company contributes to the directors personal pension scheme. This is a defined contribution pension

scheme and contributions are charged to the profit and loss account in the period they are paid.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

11,996

Additions

1,071

At 31 January 2016

13,067

DEPRECIATION

At 1 February 2015

7,106

Charge for year

866

At 31 January 2016

7,972

NET BOOK VALUE

At 31 January 2016

5,095

At 31 January 2015

4,890

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

1

Ordinary

1.00

2