G.A. O Dowd Limited - Limited company - abbreviated

REGISTERED NUMBER: 04699232 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

G.A. O Dowd Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G O'Dowd

SECRETARY:

C J O'Dowd

REGISTERED OFFICE:

Whitelands

Churn Lane

Halifax

West Yorkshire

HX2 7QW

REGISTERED NUMBER:

04699232 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

40,051

26,364

40,051

26,364

CURRENT ASSETS

Debtors

14,570

-

Cash at bank and in hand

54,210

77,419

68,780

77,419

CREDITORS

Amounts falling due within one year

10,955

27,528

NET CURRENT ASSETS

57,825

49,891

TOTAL ASSETS LESS CURRENT
LIABILITIES

97,876

76,255

CREDITORS

Amounts falling due after more than one year

1,323

4,656

NET ASSETS

96,553

71,599

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

96,552

71,598

SHAREHOLDERS' FUNDS

96,553

71,599

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 21 October 2014 and were signed by:

G O'Dowd - 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 the net amount receivable for goods supplied and services provided, excluding value added tax, except

in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & Machinery

-

15% on reducing balance

Fixture & Fittings

-

15% on reducing balance

Motor Vehicles

-

25% on reducing balance

Computer Equipment

-

25% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

20,000

AMORTISATION

At 1 April 2013

and 31 March 2014

20,000

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

89,148

Additions

28,370

Disposals

(19,122

)

At 31 March 2014

98,396

DEPRECIATION

At 1 April 2013

62,784

Charge for year

10,443

Eliminated on disposal

(14,882

)

At 31 March 2014

58,345

NET BOOK VALUE

At 31 March 2014

40,051

At 31 March 2013

26,364

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

100

Ordinary

1

G.A. O Dowd Limited - Limited company - abbreviated - 11.6

G.A. O Dowd Limited - Limited company - abbreviated - 11.6