Registered Number 03809317
GEORGE DENNISON LIMITED
Abbreviated Accounts
30 November 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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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 (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Turnover policy
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Tangible assets depreciation policy
Land and buildings Leasehold 20 years straight line
Plant and machinery 20% reducing balance
Fixtures, fittings & equipment 20% reducing balance
Motor vehicles 20% reducing balance
Other accounting policies
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Going concern
The company made a loss of £4,522 (2014: £86,652 profit) during the year and had net assets of £(10,509) (2014: £(5,967)). The directors believe the company to be a going concern for the foreseeable future. The company has the continued support of the bank and shareholders.
£ | |
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Cost | |
At 1 December 2014 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 November 2015 |
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Depreciation | |
At 1 December 2014 |
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Charge for the year |
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On disposals |
( |
At 30 November 2015 |
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Net book values | |
At 30 November 2015 | 114,798 |
At 30 November 2014 | 104,439 |