D Hood Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: SC540221 (Scotland)

Unaudited Financial Statements

for the Period

14 July 2016 to 31 July 2017

for

D Hood Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

D R Hood

SECRETARY:

REGISTERED OFFICE:

12 Braehead Crescent

Peterhead

Aberdeenshire

AB42 1EG

REGISTERED NUMBER:

SC540221 (Scotland)

ACCOUNTANTS:

Acumen Accountants & Advisors Limited

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

FIXED ASSETS

Tangible assets

4

246

CURRENT ASSETS

Debtors

5

2,707

Cash at bank

27,990

30,697

CREDITORS

Amounts falling due within one year

6

15,049

NET CURRENT ASSETS

15,648

TOTAL ASSETS LESS CURRENT LIABILITIES

15,894

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

15,892

SHAREHOLDERS' FUNDS

15,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2017 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 20 March 2018 and were signed by:

D R Hood - Director

1.	STATUTORY INFORMATION

D Hood Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office

address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and

other sales taxes.

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

-

25% reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates

to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the

balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are

recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by

the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against

the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

332

At 31 July 2017

332

DEPRECIATION

Charge for period

86

At 31 July 2017

86

NET BOOK VALUE

At 31 July 2017

246

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

2,260

Prepayments

447

2,707

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

6,292

Directors' current accounts

7,797

Accrued expenses

960

15,049

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial

statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that

the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar

of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 July 2017 set out on pages nil to nil 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.

Acumen Accountants & Advisors Limited

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

20 March 2018