Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Mike Dobson (Estate Agents) Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6 ) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Mike Dobson (Estate Agents) Limited
for the Year Ended 30 April 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mike Dobson (Estate Agents) Limited for the year ended 30 April 2015 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of Mike Dobson (Estate Agents) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Mike Dobson (Estate Agents) Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mike Dobson (Estate Agents) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mike Dobson (Estate Agents) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mike Dobson (Estate Agents) Limited. You consider that Mike Dobson (Estate Agents) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Mike Dobson (Estate Agents) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Walker & Sutcliffe
Chartered Accountants
12 Greenhead Road
Huddersfield
West Yorkshire
HD1 4EN
13 October 2015
Mike Dobson (Estate Agents) Limited
(Registration number: 02448056)
Abbreviated Balance Sheet at 30 April 2015
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2015
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2014
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
2
Mike Dobson (Estate Agents) Limited
(Registration number: 02448056)
Abbreviated Balance Sheet at 30 April 2015
......... continued
.........................................
M J Dobson
Director
3
Mike Dobson (Estate Agents) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on tangible fixed assets so as to write off the goodwill, being the amount paid in connection with the acquisition of a business in 1991, over its expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Freehold property |
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Improvements to property |
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Fixtures and fittings |
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Motor vehicles |
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Fixed asset investments
Deferred tax
Hire purchase and leasing
Mike Dobson (Estate Agents) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Financial instruments
Pensions
Fixed assets |
Intangible assets
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Tangible assets
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Investments
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Total
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Cost |
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At 1 May 2014 |
37,646 |
218,510 |
- |
256,156 |
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Additions |
- |
25,453 |
6,000 |
31,453 |
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Disposals |
- |
(3,000) |
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(3,000) |
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At 30 April 2015 |
37,646 |
240,963 |
6,000 |
284,609 |
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Depreciation |
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At 1 May 2014 |
37,645 |
156,038 |
- |
193,683 |
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Charge for the year |
- |
11,925 |
- |
11,925 |
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Eliminated on disposals |
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(1,865) |
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(1,865) |
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At 30 April 2015 |
37,645 |
166,098 |
- |
203,743 |
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Net book value |
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At 30 April 2015 |
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At 30 April 2014 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2015
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2014
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Amounts falling due within one year |
- |
123 |
Mike Dobson (Estate Agents) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
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No. |
£ |
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Control |
The company is controlled by