A. Donald Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC050247 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

A. Donald Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Danielle McMillan

SECRETARY:

REGISTERED OFFICE:

77 Main Street

Uddingston

Glasgow

G71 7ER

REGISTERED NUMBER:

SC050247 (Scotland)

ACCOUNTANTS:

Gillespie & Anderson

Chartered Accountants

147 Bath Street

Glasgow

G2 4SN

FIXED ASSETS

Tangible assets

2

45,222

49,309

Investments

3

222,342

214,229

267,564

263,538

CURRENT ASSETS

Stocks

23,441

14,558

Debtors

9,303

8,204

Cash at bank and in hand

406,081

353,557

438,825

376,319

CREDITORS

Amounts falling due within one year

43,777

31,174

NET CURRENT ASSETS

395,048

345,145

TOTAL ASSETS LESS CURRENT LIABILITIES

662,612

608,683

PROVISIONS FOR LIABILITIES

3,883

4,268

NET ASSETS

658,729

604,415

CAPITAL AND RESERVES

Called up share capital

4

3,000

3,000

Profit and loss account

655,729

601,415

SHAREHOLDERS' FUNDS

658,729

604,415

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 her 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 12 September 2014 and were signed by:

Danielle McMillan - 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 goods, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date. Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the

company has entered into a binding agreement to sell the assets and recognise the gains and losses expected to

arise on sale or where assets have been sold and it is expected that the taxable gain will be rolled over into a

replacement asset.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

164,499

DEPRECIATION

At 1 April 2013

115,190

Charge for year

4,087

At 31 March 2014

119,277

NET BOOK VALUE

At 31 March 2014

45,222

At 31 March 2013

49,309

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

214,229

Additions

8,113

At 31 March 2014

222,342

NET BOOK VALUE

At 31 March 2014

222,342

At 31 March 2013

214,229

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

3,000

Ordinary Shares

£1

3,000

3,000

5.	RELATED PARTY DISCLOSURES