Dulay Estates Limited - Limited company - abbreviated

REGISTERED NUMBER: 07439410 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

DULAY ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr Hardip Singh Dulay

Mr Kuldip Singh Dulay

Mr Baljinder Singh Dulay

Mr Harbinder Singh Dulay

REGISTERED OFFICE:

16 Vernon Road

Edgbaston

Birmingham

West Midlands

B16 9SH

REGISTERED NUMBER:

07439410 (England and Wales)

ACCOUNTANTS:

Brindleys Limited

2 Wheeleys Road

Edgbaston

Birmingham

West Midlands

B15 2LD

CURRENT ASSETS

Stocks

705,642

385,031

Debtors

9,281

13,050

Cash at bank and in hand

57,844

520

772,767

398,601

CREDITORS

Amounts falling due within one year

615,839

284,536

NET CURRENT ASSETS

156,928

114,065

TOTAL ASSETS LESS CURRENT
LIABILITIES

156,928

114,065

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

156,828

113,965

SHAREHOLDERS' FUNDS

156,928

114,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 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 Board of Directors on 24 December 2015 and were signed on its behalf by:

Mr Hardip Singh Dulay - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

1

100

3.	ULTIMATE CONTROLLING PARTY

Whilst there are significant family interests in the shares of the company, the directors consider that there is no

ultimate controlling party of the company.

Dulay Estates Limited - Limited company - abbreviated - 11.6

Dulay Estates Limited - Limited company - abbreviated - 11.6