Dubois Naval Architects Limited - Limited company - abbreviated - 11.0.0
Dubois Naval Architects Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Period 1 August 2012 to 31 December 2013 |
| for |
| Dubois Naval Architects Limited |
| Dubois Naval Architects Limited (Registered number: 01674001) |
| Contents of the Abbreviated Accounts |
| for the Period 1 August 2012 to 31 December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountants | 6 |
| Dubois Naval Architects Limited |
| Company Information |
| for the Period 1 August 2012 to 31 December 2013 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Certified Practising Accountants |
| Dubois Naval Architects Limited (Registered number: 01674001) |
| Abbreviated Balance Sheet |
| 31 December 2013 |
| 31.12.13 | 31.7.12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| Dubois Naval Architects Limited (Registered number: 01674001) |
| Notes to the Abbreviated Accounts |
| for the Period 1 August 2012 to 31 December 2013 |
| 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 |
| Land and buildings | - |
| Plant and machinery etc | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain |
| items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that |
| have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that |
| the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or |
| other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply |
| when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet |
| date. |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2012 |
| Disposals | ( |
) |
| At 31 December 2013 |
| DEPRECIATION |
| At 1 August 2012 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 July 2012 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| Dubois Naval Architects Limited (Registered number: 01674001) |
| Notes to the Abbreviated Accounts - continued |
| for the Period 1 August 2012 to 31 December 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.13 | 31.7.12 |
| value: | £ | £ |
| Ordinary A | £1 |
| 5. | ULTIMATE PARENT COMPANY |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the period ended 31 December 2013 and the year ended |
| 31 July 2012: |
| 31.12.13 | 31.7.12 |
| £ | £ |
| Balance outstanding at start of period |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of period |
| Balance outstanding at start of period |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of period |
| During the year dividends of £68,049 were paid to the directors. |
| 7. | RELATED PARTY DISCLOSURES |
| Related Party | Sales to Related Parties | Purchases from Related Parties | Amounts owed (to)/from related parties |
| 2013 |
| Dubois Yachts Limited | 15,638 | 193,859 | (56,968 | ) |
| 2012 |
| Dubois Yachts Limited | 120,000 | 40,393 | 66,100 |
| Dubois Yachts Ltd |
| A company in which the directors were also directors. |
| E G Dubois and M G McKeon, were directors and shareholders in Dubois Naval Architects Limited during the year, they were |
| also directors and shareholders of Dubois Yachts Limited. |
| Dubois Naval Architects Limited (Registered number: 01674001) |
| Notes to the Abbreviated Accounts - continued |
| for the Period 1 August 2012 to 31 December 2013 |
| 7. | RELATED PARTY DISCLOSURES - continued |
| Dubois Design Limited |
| Ultimate Parent Company |
| During the year Dubois Design Limited acquired 100% of the issued share capital in Dubois Naval Architects Limited. |
| Following the acquisition of shares by Dubois Design Limited the company paid dividends of £95,352 to Dubois Design |
| Limited during the period ended 31 December 2013. |
| Dubois Sales Limited |
| A Company in which E G Dubois is also a director and shareholder |
| During the year Dubois Sales Limited acquired 100% of the issued share capital in Dubois Yachts Limited a company |
| previously under common control of the directors and now under the ultimate control of E G Dubois. |
| 8. | ULTIMATE CONTROLLING PARTY |
| The controlling party is |
| The ultimate controlling party is |
| Dubois Naval Architects Limited |
| Report of the Accountants to the Director of |
| Dubois Naval Architects Limited |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended |
| 31 December 2013 set out on pages three to nine and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory |
| responsibilities, from the accounting records and information and explanations supplied to us. |
| Certified Practising Accountants |
| 31 July 2014 |