Company Registration No. 3152130 (England and Wales)
DOVEWALL LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
DOVEWALL LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
DOVEWALL LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
1
1
Tangible assets
2
14,164
2,361
14,165
2,362
Current assets
Stocks
31,213
35,777
Debtors
1,370
6,788
Investments
400
400
Cash at bank and in hand
2,659
7,480
35,642
50,445
Creditors: amounts falling due within one year
(15,881)
(20,146)
Net current assets
19,761
30,299
Total assets less current liabilities
33,926
32,661
Creditors: amounts falling due after more than one year
(177,611)
(167,575)
(143,685)
(134,914)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(143,785)
(135,014)
Shareholders' funds
(143,685)
(134,914)
DOVEWALL LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2015
31 December 2015
- 2 -
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 29 September 2016
Mr W McPherson
Director
Company Registration No. 3152130
DOVEWALL LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold
20% per annum (on a straight line)
Fixtures, fittings & equipment
25% per annum (on a reducing balance)
1.5
Investments
Current asset investments are stated at the lower of cost and net realisable value.
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 January 2015
8,750
92,903
101,653
Additions
-
15,619
15,619
At 31 December 2015
8,750
108,522
117,272
Depreciation
At 1 January 2015
8,749
90,542
99,291
Charge for the year
-
3,816
3,816
At 31 December 2015
8,749
94,358
103,107
Net book value
At 31 December 2015
1
14,164
14,165
At 31 December 2014
1
2,361
2,362
DOVEWALL LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 4 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100
100