D&R Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC421476 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 MAY 2013 TO 31 OCTOBER 2014

FOR

D&R ASSOCIATES LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr D McPherson

SECRETARY:

Mrs R McPherson

REGISTERED OFFICE:

1 King James Place

Perth

Perthshire

PH2 8AE

REGISTERED NUMBER:

SC421476 (Scotland)

ACCOUNTANTS:

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

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 three to four) 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 D&R Associates Limited for the period ended 31 October 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical

and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of D&R Associates Limited in accordance with our terms of engagement. Our work has

been undertaken solely to prepare for your approval the financial statements of D&R Associates Limited and state those matters that

we have agreed to state to the director of D&R Associates Limited in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. 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 D&R Associates 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 loss of D&R Associates Limited. You consider

that D&R Associates Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of D&R Associates 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.

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

7 January 2015

FIXED ASSETS

Tangible assets

2

1,558

875

CURRENT ASSETS

Debtors

-

8,602

Cash at bank

1,544

11,612

1,544

20,214

CREDITORS

Amounts falling due within one year

2,644

12,166

NET CURRENT (LIABILITIES)/ASSETS

(1,100

)

8,048

TOTAL ASSETS LESS CURRENT LIABILITIES

458

8,923

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

456

8,921

SHAREHOLDERS' FUNDS

458

8,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 7 January 2015 and were signed by:

Mr D McPherson - 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 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.

Fixtures and fittings

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

1,200

Additions

1,618

At 31 October 2014

2,818

DEPRECIATION

At 1 May 2013

325

Charge for period

935

At 31 October 2014

1,260

NET BOOK VALUE

At 31 October 2014

1,558

At 30 April 2013

875

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

30.4.13

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 October 2014 and 30 April 2013:

31.10.14

30.4.13

£

£

Mr D McPherson

Balance outstanding at start of period

2

-

Amounts advanced

-

2

Amounts repaid

(2

)

-

Balance outstanding at end of period

-

2