Dundas Textiles Ltd - Abbreviated accounts 16.3
Dundas Textiles Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 November 2016 |
| for |
| Dundas Textiles Ltd |
| Dundas Textiles Ltd (Registered number: 08302107) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 November 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Dundas Textiles Ltd |
| Company Information |
| for the Year Ended 30 November 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Dundas Textiles Ltd (Registered number: 08302107) |
| Abbreviated Balance Sheet |
| 30 November 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on |
| Dundas Textiles Ltd (Registered number: 08302107) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 November 2016 |
| 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 the value of goods invoiced by the company, net of Value Added Tax and trade discounts. |
| Turnover is recognised on the basis of invoices raised. |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2015 |
| Additions |
| Reclassification/transfer |
| At 30 November 2016 |
| AMORTISATION |
| At 1 December 2015 |
| Amortisation for year |
| Reclassification/transfer |
| At 30 November 2016 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| Dundas Textiles Ltd (Registered number: 08302107) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 November 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2015 |
| Reclassification/transfer | ( |
) |
| At 30 November 2016 |
| DEPRECIATION |
| At 1 December 2015 |
| Charge for year |
| Reclassification/transfer | ( |
) |
| At 30 November 2016 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary Shares | £1 |
| 5. | GOING CONCERN |
| The directors have given their confirmation that they will continue to support the company's working capital for a |
| period of at least 12 months from the date of signing these accounts. |