DONGARD_PROPERTIES_LIMITE - Accounts

DONGARD PROPERTIES LIMITED - Company Information

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Company Registration No. 07393449 (England and Wales)

DONGARD PROPERTIES LIMITED

UNAUDITED ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

DONGARD PROPERTIES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

DONGARD PROPERTIES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

992,141

790,835

Current assets

Debtors

4,100

Cash at bank and in hand

105,800

109,900

Creditors: amounts falling due within one year

(504,179)

(503,203)

Net current liabilities

(394,279)

(503,203)

Total assets less current liabilities

597,862

287,632

Creditors: amounts falling due after more than one year

(589,668)

(300,167)

8,194

(12,535)

Capital and reserves

Called up share capital

100

Profit and loss account

8,094

(12,635)

Shareholders' funds

8,194

(12,535)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 30 November 2016

Mr L Gardner

Mr L Donaldson

Director

Company Registration No. 07393449

DONGARD PROPERTIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The directors, having regard to the nature, size and complexity of the business, have assessed the financial risks affecting the company and its operations for the 12 months from the approval of the financial statements and consider it appropriate to prepare the financial statements on a going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

Not depreciated

Land and buildings Leasehold

Ten years straight line

Fixed assets

Tangible assets

Cost

At 1 April 2015

792,879

Additions

203,897

Disposals

(4,635)

At 31 March 2016

992,141

Depreciation

At 1 April 2015

2,044

On disposals

(2,160)

Charge for the year

116

At 31 March 2016

Net book value

At 31 March 2016

992,141

At 31 March 2015

790,835

DONGARD PROPERTIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100