Douglas Technology Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03562436 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

FOR

DOUGLAS TECHNOLOGY LTD

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

J P Douglas

Mrs E Douglas

SECRETARY:

Mrs E Douglas

REGISTERED OFFICE:

11 Oldershaw Mews

Maidenhead

Berkshire

SL6 5HB

REGISTERED NUMBER:

03562436 (England and Wales)

ACCOUNTANTS:

River Thames Accountancy Ltd

34 Wellington Road

Maidenhead

Berkshire

SL6 6DQ

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Douglas Technology Ltd for the year ended 28 February 2014 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Douglas Technology Ltd, as a body, in accordance with our terms

of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Douglas

Technology Ltd and state those matters that we have agreed to state to the Board of Directors of Douglas Technology

Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants

as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or

assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this

report.

It is your duty to ensure that Douglas Technology Ltd has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Douglas

Technology Ltd. You consider that Douglas Technology Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Douglas Technology Ltd. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

River Thames Accountancy Ltd

34 Wellington Road

Maidenhead

Berkshire

SL6 6DQ

17 October 2014

FIXED ASSETS

Tangible assets

2

6,999

4,339

CURRENT ASSETS

Debtors

9,933

8,965

Cash at bank and in hand

5,461

9,529

15,394

18,494

CREDITORS

Amounts falling due within one year

12,912

16,117

NET CURRENT ASSETS

2,482

2,377

TOTAL ASSETS LESS CURRENT LIABILITIES

9,481

6,716

CAPITAL AND RESERVES

Called up share capital

3

80

80

Profit and loss account

9,401

6,636

SHAREHOLDERS' FUNDS

9,481

6,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 15 October 2014 and were signed on its behalf by:

J P Douglas - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services and equipment, excluding value added tax, except in respect

of service contracts where turnover is recognised when the company obtains the right to consideration.

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

-

33% on cost, 20% on reducing balance and 15% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

12,059

Additions

7,548

Disposals

(517

)

At 28 February 2014

19,090

DEPRECIATION

At 1 March 2013

7,720

Charge for year

4,713

Eliminated on disposal

(342

)

At 28 February 2014

12,091

NET BOOK VALUE

At 28 February 2014

6,999

At 28 February 2013

4,339

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

80

Ordinary

1

80

80