Abbreviated Company Accounts - DRAINMASTER SCOTLAND LTD.

DRAINMASTER SCOTLAND LTD. - Company Information

SC341039 DRAINMASTER SCOTLAND LTD. 2014-03-31 false 2013-04-01 2014-03-31 true SC341039 2013-04-01 2014-03-31 SC341039 2014-03-31 SC341039 2013-03-31 SC341039 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 SC341039 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number SC341039

DRAINMASTER SCOTLAND LTD.

Abbreviated Accounts

31 March 2014

DRAINMASTER SCOTLAND LTD. Registered Number SC341039

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	30,000	30,000
Tangible assets	3	23,529	2,452
		53,529	32,452
Current assets
Stocks		500	500
Debtors		52,335	40,124
Cash at bank and in hand		24,238	33,168
		77,073	73,792
Creditors: amounts falling due within one year		(61,030)	(63,874)
Net current assets (liabilities)		16,043	9,918
Total assets less current liabilities		69,572	42,370
Creditors: amounts falling due after more than one year		(15,083)	(574)
Total net assets (liabilities)		54,489	41,796
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		54,389	41,696
Shareholders' funds		54,489	41,796

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 November 2014

And signed on their behalf by:
Mr J Stewart, Director

DRAINMASTER SCOTLAND LTD. Registered Number SC341039

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line
Motor vehicles 25% straight line

Other accounting policies
Leasing and hire purchase commitments

"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term."

2Intangible fixed assets

	£
Cost
At 1 April 2013	30,000
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2014	30,000
Amortisation
At 1 April 2013	0
Charge for the year	0
On disposals	0
At 31 March 2014	0
Net book values
At 31 March 2014	30,000
At 31 March 2013	30,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	68,421
Additions	23,757
Disposals	(22,100)
Revaluations	-
Transfers	-
At 31 March 2014	70,078
Depreciation
At 1 April 2013	65,969
Charge for the year	2,680
On disposals	(22,100)
At 31 March 2014	46,549
Net book values
At 31 March 2014	23,529
At 31 March 2013	2,452

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100