David Rodney Consulting Limited - Period Ending 2013-12-31

Registration number: 07472929

David Rodney Consulting Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2013
 

Makinson & Co.
Chartered Accountants
1 Hill Street
Lydney
Glos
GL15 5HB

David Rodney Consulting Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

David Rodney Consulting Limited
(Registration number: 07472929)
Abbreviated Balance Sheet at 31 December 2013

		Note			2013 £			2012 £
Fixed assets
Tangible fixed assets		2			2,103			3,952
Current assets
Debtors					3,390			11,369
Cash at bank and in hand					36			11,652
					3,426			23,021
Creditors: Amounts falling due within one year					(1,054)			(18,984)
Net current assets					2,372			4,037
Total assets less current liabilities					4,475			7,989
Provisions for liabilities					(421)			(791)
Net assets					4,054			7,198
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					4,053			7,197
Shareholders' funds					4,054			7,198

For the year ending 31 December 2013 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 director acknowledges his 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 director on 20 August 2014

.........................................
Mr DJ Rodney
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

David Rodney Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Asset class	Depreciation method and rate
Other tangible assets	20% to 33.33% straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions: Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Page 2

David Rodney Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2013		7,055			7,055
At 31 December 2013		7,055			7,055
Depreciation
At 1 January 2013		3,103			3,103
Charge for the year		1,849			1,849
At 31 December 2013		4,952			4,952
Net book value
At 31 December 2013		2,103			2,103
At 31 December 2012		3,952			3,952

3	Share capital

Allotted, called up and fully paid shares

	2013						2012
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

New shares allotted

During the year - having an aggregate nominal value of £nil were allotted for an aggregate consideration of £nil.

4	Related party transactions

Director's advances and credits

	2013 Advance/ Credit £	2013 Repaid £	2012 Advance/ Credit £	2012 Repaid £
Mr DJ Rodney
Loan	3,043	-	-	-

Page 3