David Gauld Architect Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC310621 (Scotland)

Abbreviated Accounts for the Year Ended 31 March 2014

for

David Gauld Architect Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D A Gauld

SECRETARY:

D A Gauld

REGISTERED OFFICE:

1b Napier Road

Edinburgh

Lothian

EH10 5BE

REGISTERED NUMBER:

SC310621 (Scotland)

ACCOUNTANTS:

J M TAYLOR

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Tangible assets

2

1

200

CURRENT ASSETS

Debtors

37,594

28,594

Cash at bank

2,079

-

39,673

28,594

CREDITORS

Amounts falling due within one year

43,157

28,049

NET CURRENT (LIABILITIES)/ASSETS

(3,484

)

545

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,483

)

745

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

(3,493

)

735

SHAREHOLDERS' FUNDS

(3,483

)

745

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 May 2015 and were signed by:

D A Gauld - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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 reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

2,117

DEPRECIATION

At 1 April 2013

1,917

Charge for year

199

At 31 March 2014

2,116

NET BOOK VALUE

At 31 March 2014

1

At 31 March 2013

200

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

10

Ordinary

£1

10

10

4.	RELATED PARTY DISCLOSURES

At the year end the director, David Gauld was indebted to the company to the value of £37,594 (2013 - £19,775).

This amount remained outstanding at 31st March 2014 and is included within Other debtors in the notes to the

accounts.

5.	ULTIMATE CONTROLLING PARTY

The controlling party is David Gauld.