REGISTERED NUMBER: SC021038 (Scotland)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

A Dewar Rattray Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

S W Morrison

Mrs M E Morrison

S A Morrison

N J White

Mrs F Dupuy

SECRETARY:

N J White

REGISTERED OFFICE:

32 Main Road

Kirkoswald

Ayrshire

KA19 8HY

REGISTERED NUMBER:

SC021038 (Scotland)

ACCOUNTANTS:

T B Dunn & Co

308 Albert Drive

Pollokshields

GLASGOW

G41 5RS

FIXED ASSETS

Intangible assets

2

20,484

11,325

Tangible assets

3

9,370

18,311

29,854

29,636

CURRENT ASSETS

Stocks

565,387

786,841

Debtors

187,336

142,764

Cash at bank and in hand

90,233

14,964

842,956

944,569

CREDITORS

Amounts falling due within one year

147,750

310,902

NET CURRENT ASSETS

695,206

633,667

TOTAL ASSETS LESS CURRENT LIABILITIES

725,060

663,303

CREDITORS

Amounts falling due after more than one year

(139,204

)

(158,646

)

PROVISIONS FOR LIABILITIES

(6,013

)

(5,341

)

NET ASSETS

579,843

499,316

CAPITAL AND RESERVES

Called up share capital

4

300,100

300,100

Profit and loss account

279,743

199,216

SHAREHOLDERS' FUNDS

579,843

499,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 2 September 2015 and were signed on its behalf by:

S W Morrison - 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 goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Intangible assets

Patents and licences and trade marks have been written off over their useful life of ten years.

Website has been written off over it's useful life of four years.

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

-

20% on cost

Motor vehicles

-

50% on cost

Computer equipment

-

50% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 that result in an obligation to pay more or a right to pay less tax in the

future have occurred by the balance sheet date with certain limited exceptions.

Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply in the periods in

which the timing differences are expected to reverse, based on tax rates and laws enacted or substantively

enacted at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Operating leases

Rentals paid under operating leases are charged to profit and loss account as incurred.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

39,664

Additions

13,026

At 31 March 2015

52,690

AMORTISATION

At 1 April 2014

28,339

Amortisation for year

3,867

At 31 March 2015

32,206

NET BOOK VALUE

At 31 March 2015

20,484

At 31 March 2014

11,325

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

46,089

Additions

1,109

Disposals

(7,438

)

At 31 March 2015

39,760

DEPRECIATION

At 1 April 2014

27,778

Charge for year

10,050

Eliminated on disposal

(7,438

)

At 31 March 2015

30,390

NET BOOK VALUE

At 31 March 2015

9,370

At 31 March 2014

18,311

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

300,100

Ordinary

£1

300,100

300,100

The following reproduces the text of the report prepared for the directors 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 A Dewar Rattray Limited for the year ended 31 March 2015 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 of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the Board of Directors of A Dewar Rattray Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A Dewar Rattray Limited and state those matters that we have agreed to state to the Board of Directors of A Dewar Rattray Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A Dewar Rattray 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 A Dewar Rattray Limited. You consider that A Dewar Rattray 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 A Dewar Rattray 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.

T B Dunn & Co

308 Albert Drive

Pollokshields

GLASGOW

G41 5RS

2 September 2015