Abbreviated Company Accounts - DOVEY COTTAGES MAINTENANCE LIMITED

Abbreviated Company Accounts - DOVEY COTTAGES MAINTENANCE LIMITED

DOVEY COTTAGES MAINTENANCE LIMITED - Company Information

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Registered Number 06936119

DOVEY COTTAGES MAINTENANCE LIMITED

Abbreviated Accounts

31 January 2016

DOVEY COTTAGES MAINTENANCE LIMITED Registered Number 06936119

Abbreviated Balance Sheet as at 31 January 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 - 1
- 1
Current assets
Stocks 100 100
Debtors 1,867 1,949
Cash at bank and in hand 262 39
2,229 2,088
Creditors: amounts falling due within one year (4,853) (5,377)
Net current assets (liabilities) (2,624) (3,289)
Total assets less current liabilities (2,624) (3,288)
Total net assets (liabilities) (2,624) (3,288)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (2,724) (3,388)
Shareholders' funds (2,624) (3,288)
  • For the year ending 31 January 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 25 October 2016

And signed on their behalf by:
PB Fowles, Director

DOVEY COTTAGES MAINTENANCE LIMITED Registered Number 06936119

Notes to the Abbreviated Accounts for the period ended 31 January 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 January 2015).

Turnover policy
Turnover represents the value of services provided under contracts, within the company's ordinary activities, to the extent that there is a right to consideration. Turnover is recorded at the value of the consideration due, net of VAT.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% straight line
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 February 2015 7,130
Additions -
Disposals (3,375)
Revaluations -
Transfers -
At 31 January 2016 3,755
Depreciation
At 1 February 2015 7,129
Charge for the year -
On disposals (3,374)
At 31 January 2016 3,755
Net book values
At 31 January 2016 0
At 31 January 2015 1
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100

4. Going concern
The company is supported by a loan from its directors, which at 31 January 2016 amounted to £3,414 (31 January 2015: £4,366).