Durkan Design and Build Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05143336 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

DURKAN DESIGN AND BUILD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTOR:

Mr M Durkan

SECRETARY:

Mrs R N Durkan

REGISTERED OFFICE:

53 Ashgrove Road

Ashley Down

Bristol

BS7 9LF

REGISTERED NUMBER:

05143336 (England and Wales)

ACCOUNTANTS:

L J Hall & Co

Chartered Certified Accountants

36 Dirac Road

Ashley Down

Bristol

BS7 9LP

FIXED ASSETS

Tangible assets

2

3,732

3,648

CURRENT ASSETS

Stocks

1,567

1,715

Debtors

538

1,955

Cash at bank

3,255

2,060

5,360

5,730

CREDITORS

Amounts falling due within one year

7,414

7,687

NET CURRENT LIABILITIES

(2,054

)

(1,957

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,678

1,691

PROVISIONS FOR LIABILITIES

461

381

NET ASSETS

1,217

1,310

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,117

1,210

SHAREHOLDERS' FUNDS

1,217

1,310

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 3 August 2014 and were signed by:

Mr M Durkan - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the

company qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods, 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

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 2013

15,119

Additions

1,363

Disposals

(4,077

)

At 31 March 2014

12,405

DEPRECIATION

At 1 April 2013

11,471

Charge for year

1,279

Eliminated on disposal

(4,077

)

At 31 March 2014

8,673

NET BOOK VALUE

At 31 March 2014

3,732

At 31 March 2013

3,648

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

97

Ordinary 'A'

£1

97

97

3

Ordinary 'B'

£1

3

3

100

100

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for

your approval the financial statements of Durkan Design and Build Limited for the year ended

31 March 2014 which comprise the Profit and Loss Account, the Balance Sheet, and the related

notes from the company's accounting records and from information and explanations you have

given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject

to its ethical and other professional requirements which are detailed at

http://rulebook.accaglobal.com.

This report is made solely to the director of Durkan Design and Build Limited in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the

financial statements of Durkan Design and Build Limited and state those matters that we have

agreed to state to the director of Durkan Design and Build Limited in this report in accordance with

the requirements of the Association of Chartered Certified Accountants as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept

or assume responsibility to anyone other than the company and its director for our work or for this

report.

It is your duty to ensure that Durkan Design and Build Limited has kept adequate accounting

records and to prepare statutory financial statements that give a true and fair view of the assets,

liabilities, financial position and profit of Durkan Design and Build Limited. You consider that

Durkan Design and Build Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Durkan

Design and Build Limited. For this reason, we have not verified the accuracy or completeness of

the accounting records or information and explanations you have given to us and we do not,

therefore, express any opinion on the statutory financial statements.

L J Hall & Co

Chartered Certified Accountants

36 Dirac Road

Ashley Down

Bristol

BS7 9LP

3 August 2014