Registered Number 06238398
A & D DUNCAN LTD
Abbreviated Accounts
31 May 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard Entities (effective January 2015)
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (expect as otherwise stated).
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings & equipment - 25% reducing balance
Other accounting policies
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life
£ | |
---|---|
Cost | |
At 1 June 2015 |
|
Additions |
|
Disposals |
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Revaluations |
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Transfers |
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At 31 May 2016 |
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Amortisation | |
At 1 June 2015 |
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Charge for the year |
|
On disposals |
|
At 31 May 2016 |
|
Net book values | |
At 31 May 2016 | 2,950 |
At 31 May 2015 | 5,900 |
£ | |
---|---|
Cost | |
At 1 June 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2016 |
|
Depreciation | |
At 1 June 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2016 |
|
Net book values | |
At 31 May 2016 | 1,643 |
At 31 May 2015 | 1,560 |