IDP Surveying Limited - Limited company - abbreviated - 11.6

IDP Surveying Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 08242102 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

IDP SURVEYING LIMITED

IDP SURVEYING LIMITED (REGISTERED NUMBER: 08242102)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

IDP SURVEYING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2014







DIRECTOR: Mr K Shuttleworth



SECRETARY:



REGISTERED OFFICE: Rose Cottage
Bowling Green Lane
Manfield
Darlington
Co. Durham
DL2 2RL



REGISTERED NUMBER: 08242102 (England and Wales)



ACCOUNTANTS: Sanders Swinbank Limited
Chartered Accountants and Business Advisers
7 Victoria Road
Darlington
Co. Durham
DL1 5SN



BANKERS: NatWest
Darlington Branch
25 High Row
Darlington
Co. Durham
DL3 7QP

IDP SURVEYING LIMITED (REGISTERED NUMBER: 08242102)

ABBREVIATED BALANCE SHEET
31 JULY 2014

Notes £    £   
FIXED ASSETS
Intangible assets 2 128,800
Tangible assets 3 1,235
130,035

CURRENT ASSETS
Stocks 5,987
Debtors 55,590
Cash at bank 6,966
68,543
CREDITORS
Amounts falling due within one year 178,560
NET CURRENT LIABILITIES (110,017 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,018

CAPITAL AND RESERVES
Called up share capital 4 100
Profit and loss account 19,918
SHAREHOLDERS' FUNDS 20,018

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

IDP SURVEYING LIMITED (REGISTERED NUMBER: 08242102)

ABBREVIATED BALANCE SHEET - continued
31 JULY 2014


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 7 November 2014 and were signed by:





Mr K Shuttleworth - Director


IDP SURVEYING LIMITED (REGISTERED NUMBER: 08242102)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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

Work in progress
Work in progress is measured as the percentage sales value of the contract completed, less partial
invoicing and invoicing on account. The sales value is measured on the basis of stage completion at
the balance sheet date and the total expected earnings from the individual contract.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 161,000
At 31 July 2014 161,000
AMORTISATION
Amortisation for year 32,200
At 31 July 2014 32,200
NET BOOK VALUE

At 31 July 2014 128,800

IDP SURVEYING LIMITED (REGISTERED NUMBER: 08242102)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JULY 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 1,853
At 31 July 2014 1,853
DEPRECIATION
Charge for year 618
At 31 July 2014 618
NET BOOK VALUE
At 31 July 2014 1,235

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100