Ian Doolan Property Consultancy Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06530590 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

IAN DOOLAN PROPERTY CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I Doolan

SECRETARY:

J Doolan

REGISTERED OFFICE:

10 London Mews

London

W2 1HY

REGISTERED NUMBER:

06530590 (England and Wales)

ACCOUNTANTS:

Stein Richards

Chartered Accountants

10 London Mews

Paddington

London

W2 1HY

FIXED ASSETS

Tangible assets

2

187

112

CURRENT ASSETS

Debtors

2,913

2,235

Cash at bank

4

165

2,917

2,400

CREDITORS

Amounts falling due within one year

5,765

2,538

NET CURRENT LIABILITIES

(2,848

)

(138

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,661

)

(26

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(2,662

)

(27

)

SHAREHOLDERS' FUNDS

(2,661

)

(26

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 17 October 2014 and were signed by:

I Doolan - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis. Whilst the company has a net deficit on its balance

sheet it is reliant on the continued support of the director. The director has given assurances that the loans are not

repayable until the companies cashflow allows it to do so.

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).

Tangible fixed assets

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

Fixtures and fittings

-

25% straight line

Computer equipment

-

33.33% straight line

Deferred tax

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

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

3,119

Additions

150

At 31 March 2014

3,269

DEPRECIATION

At 1 April 2013

3,007

Charge for year

75

At 31 March 2014

3,082

NET BOOK VALUE

At 31 March 2014

187

At 31 March 2013

112

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

£1

1

1

4.	ULTIMATE CONTROLLING PARTY