David Gauld Architect Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC310621 (Scotland)

Abbreviated Accounts for the Year Ended 31 March 2015

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

1

CURRENT ASSETS

Debtors

54,248

37,594

Cash at bank

-

2,079

54,248

39,673

CREDITORS

Amounts falling due within one year

57,581

43,157

NET CURRENT LIABILITIES

(3,333

)

(3,484

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,332

)

(3,483

)

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

(3,342

)

(3,493

)

SHAREHOLDERS' FUNDS

(3,332

)

(3,483

)

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 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 1 December 2016 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 January 2015).

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

2,117

DEPRECIATION

At 1 April 2014

and 31 March 2015

2,116

NET BOOK VALUE

At 31 March 2015

1

At 31 March 2014

1

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

10

Ordinary

£1

10

10

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 were paid to the director .

At the year end the director, David Gauld was indebted to the company to the value of £54,248 (2014 - £37,594).

This amount remained outstanding at 31st March 2015 and is included within Other debtors in the notes to the

accounts.

5.	ULTIMATE CONTROLLING PARTY

The controlling party is David Gauld.