Davidson Associates Limited - Accounts to registrar (filleted) - small 17.3

Davidson Associates Limited - Accounts to registrar (filleted) - small 17.3

DAVIDSON ASSOCIATES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.3.1.106 SC189536 Board of Directors 1.10.16 30.9.17 30.9.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1895362016-09-30SC1895362017-09-30SC1895362016-10-012017-09-30SC1895362015-09-30SC1895362015-10-012016-09-30SC1895362016-09-30SC189536ns15:Scotland2016-10-012017-09-30SC189536ns14:PoundSterling2016-10-012017-09-30SC189536ns10:Director12016-10-012017-09-30SC189536ns10:PrivateLimitedCompanyLtd2016-10-012017-09-30SC189536ns10:SmallEntities2016-10-012017-09-30SC189536ns10:AuditExempt-NoAccountantsReport2016-10-012017-09-30SC189536ns10:SmallCompaniesRegimeForDirectorsReport2016-10-012017-09-30SC189536ns10:SmallCompaniesRegimeForAccounts2016-10-012017-09-30SC189536ns10:FullAccounts2016-10-012017-09-30SC189536ns10:Director22016-10-012017-09-30SC189536ns10:CompanySecretary12016-10-012017-09-30SC189536ns10:RegisteredOffice2016-10-012017-09-30SC189536ns5:CurrentFinancialInstruments2017-09-30SC189536ns5:CurrentFinancialInstruments2016-09-30SC189536ns5:ShareCapital2017-09-30SC189536ns5:ShareCapital2016-09-30SC189536ns5:RetainedEarningsAccumulatedLosses2017-09-30SC189536ns5:RetainedEarningsAccumulatedLosses2016-09-30SC189536ns5:PlantMachinery2016-10-012017-09-30SC189536ns5:PlantMachinery2016-09-30SC189536ns5:PlantMachinery2017-09-30SC189536ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-09-30SC189536ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-09-30


REGISTERED NUMBER: SC189536 (Scotland)















Financial Statements for the Year Ended 30 September 2017

for

DAVIDSON ASSOCIATES LIMITED
DAVIDSON ASSOCIATES LIMITED (REGISTERED NUMBER: SC189536)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVIDSON ASSOCIATES LIMITED

Company Information
for the Year Ended 30 September 2017







DIRECTORS: Mrs G P Davidson
W Davidson





SECRETARY: W Davidson





REGISTERED OFFICE: 68 Edgehead Village
Pathhead
Midlothian
EH37 5RJ





REGISTERED NUMBER: SC189536 (Scotland)





ACCOUNTANTS: Davidson Associates Limited
68 Edgehead Village
Pathhead
Midlothian
EH37 5RJ
Page 1
DAVIDSON ASSOCIATES LIMITED (REGISTERED NUMBER: SC189536)

Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,714 -

CURRENT ASSETS
Stocks 10,925 14,618
Debtors 5 16,433 14,047
Cash at bank and in hand 200 10,451
27,558 39,116
CREDITORS
Amounts falling due within one year 6 (18,579 ) (23,342 )
NET CURRENT ASSETS 8,979 15,774
TOTAL ASSETS LESS CURRENT
LIABILITIES
10,693
15,774

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,593 15,674
SHAREHOLDERS' FUNDS 10,693 15,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
DAVIDSON ASSOCIATES LIMITED (REGISTERED NUMBER: SC189536)

Balance Sheet - continued
30 September 2017


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 March 2018 and were
signed on its behalf by:





W Davidson - Director


The notes form part of these financial statements

Page 3
DAVIDSON ASSOCIATES LIMITED (REGISTERED NUMBER: SC189536)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

Davidson Associates Limited 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% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and
handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Page 4 continued...
DAVIDSON ASSOCIATES LIMITED (REGISTERED NUMBER: SC189536)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2016 11,989
Additions 2,285
At 30 September 2017 14,274
DEPRECIATION
At 1 October 2016 11,989
Charge for year 571
At 30 September 2017 12,560
NET BOOK VALUE
At 30 September 2017 1,714

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.9.17 30.9.16
£    £   
Trade debtors 15,865 8,680
Other debtors 568 5,367
16,433 14,047

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.9.17 30.9.16
£    £   
Bank loans and overdrafts 231 -
Trade creditors 2,497 5,688
Taxation and social security 11,911 14,257
Other creditors 3,940 3,397
18,579 23,342

Page 5