Dalrose Holdings Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC332373 (Scotland)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

DALROSE HOLDINGS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

W A Donnelly

J Whyte

SECRETARY:

W A Donnelly

REGISTERED OFFICE:

Homelea House

Faith Avenue

Quarriers Village

Bridge of Weir

Renfrewshire

PA11 3TF

REGISTERED NUMBER:

SC332373 (Scotland)

ACCOUNTANTS:

Cheetham & Co

Chartered Accountants

Homelea House

Faith Avenue

Quarriers Village

Bridge of Weir

Renfrewshire

PA11 3TF

FIXED ASSETS

Investments

2

3

5,006

CREDITORS

Amounts falling due within one year

(4,903

)

(4,906

)

NET CURRENT LIABILITIES

(4,903

)

(4,906

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,900

)

100

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(5,000

)

-

SHAREHOLDERS' FUNDS

(4,900

)

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 15 December 2016 and were signed on its behalf by:

W A Donnelly - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Going concern

The financial statements have been prepared on a going concern basis which assumes the company

will have adequate resources to fund its future operations and obligations. The company is in a net

deficit position and its ability to continue to trade is dependent on the continuing support of the

company's creditors who are the directors.

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).

Preparation of consolidated financial statements

The financial statements contain information about Dalrose Holdings Ltd as an individual company

and do not contain consolidated financial information as the parent of a group. The company has

taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial

statements.

Deferred tax

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

at the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

5,006

Disposals

(5,003

)

At 31 March 2016

3

NET BOOK VALUE

At 31 March 2016

3

At 31 March 2015

5,006

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Subsidiaries

Chattelle Hamilton Ltd

Nature of business: Property development

%

Class of shares:

holding

Ordinary

100.00

Chattelle Hamilton Limited was dissolved on 20 August 2015.

Chattelle Ltd

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

£

Aggregate capital and reserves

2

2

Chattelle Furniture Ltd

Nature of business: Dormant

%

Class of shares:

holding

Orinary

100.00

2016

2015

£

£

Aggregate capital and reserves

-

2

Chattelle Furniture Ltd was dissolved on 24 April 2015.

Chattelle Rosebank Limited

Nature of business: Property

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

£

Aggregate capital and reserves

1

1

Associated company

R F Chattelle (Developments)Limited

Nature of business: Property development

%

Class of shares:

holding

Ordinary

50.00

R F Chattelle (Developments) Limited went into administration on the 29 september 2015.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed Mr J Whyte, who is a director of the company, £4,900.

(2015: £4,900). The loan which is included in other creditors note 5 is interest free and repayable on

demand.