Abbreviated Company Accounts - DUFFY TUNNELLING (SOUTH WALES) LIMITED

DUFFY TUNNELLING (SOUTH WALES) LIMITED - Company Information

06501695 DUFFY TUNNELLING (SOUTH WALES) LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 06501695 2013-03-01 2014-02-28 06501695 2014-02-28 06501695 2013-02-28 06501695 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 06501695 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 06501695

DUFFY TUNNELLING (SOUTH WALES) LIMITED

Abbreviated Accounts

28 February 2014

DUFFY TUNNELLING (SOUTH WALES) LIMITED Registered Number 06501695

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	35,883	15,272
		35,883	15,272
Current assets
Debtors		30,905	28,108
Cash at bank and in hand		26,262	17,298
		57,167	45,406
Creditors: amounts falling due within one year	3	(34,728)	(40,093)
Net current assets (liabilities)		22,439	5,313
Total assets less current liabilities		58,322	20,585
Creditors: amounts falling due after more than one year	3	(5,414)	-
Provisions for liabilities		(7,177)	-
Total net assets (liabilities)		45,731	20,585
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		45,729	20,583
Shareholders' funds		45,731	20,585

For the year ending 28 February 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 November 2014

And signed on their behalf by:
P DUFFY, Director

DUFFY TUNNELLING (SOUTH WALES) LIMITED Registered Number 06501695

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The financial statements have been prepared on the going concern basis as the directors believe that the company will be able to obtain sufficient funding to secure the continued financing of its activities for the foreseeable future.

Turnover policy
Turnover represents invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
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 cost and 20% on cost

Other accounting policies
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 March 2013	24,646
Additions	29,591
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	54,237
Depreciation
At 1 March 2013	9,374
Charge for the year	8,980
On disposals	-
At 28 February 2014	18,354
Net book values
At 28 February 2014	35,883
At 28 February 2013	15,272

3Creditors

	2014 £	2013 £
Secured Debts	7,913	-

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2