back to DAVID DOUGLAS (FARMS) LIMITED detail David Douglas (Farms) Celia Mckay - Accounts to registrar (filleted) - small 18.2
IRIS Accounts Production v18.3.1.65 01255331 Board of Directors Board of Directors 1.4.17 31.3.18 31.3.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure012553312017-03-31012553312018-03-31012553312017-04-012018-03-31012553312016-03-31012553312016-04-012017-03-31012553312017-03-3101255331ns15:EnglandWales2017-04-012018-03-3101255331ns14:PoundSterling2017-04-012018-03-3101255331ns10:Director12017-04-012018-03-3101255331ns10:Director22017-04-012018-03-3101255331ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3101255331ns10:SmallEntities2017-04-012018-03-3101255331ns10:AuditExempt-NoAccountantsReport2017-04-012018-03-3101255331ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3101255331ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3101255331ns10:FullAccounts2017-04-012018-03-3101255331ns10:RegisteredOffice2017-04-012018-03-3101255331ns5:CurrentFinancialInstruments2018-03-3101255331ns5:CurrentFinancialInstruments2017-03-3101255331ns5:ShareCapital2018-03-3101255331ns5:ShareCapital2017-03-3101255331ns5:RetainedEarningsAccumulatedLosses2018-03-3101255331ns5:RetainedEarningsAccumulatedLosses2017-03-3101255331ns5:PlantMachinery2017-04-012018-03-3101255331ns5:MotorVehicles2017-04-012018-03-3101255331ns5:LandBuildings2017-03-3101255331ns5:PlantMachinery2017-03-3101255331ns5:LandBuildings2017-04-012018-03-3101255331ns5:LandBuildings2018-03-3101255331ns5:PlantMachinery2018-03-3101255331ns5:LandBuildings2017-03-3101255331ns5:PlantMachinery2017-03-3101255331ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3101255331ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-31


REGISTERED NUMBER: 01255331 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

DAVID DOUGLAS (FARMS) LIMITED

DAVID DOUGLAS (FARMS) LIMITED (REGISTERED NUMBER: 01255331)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DAVID DOUGLAS (FARMS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: Mr D McKay
Mrs C M McKay





REGISTERED OFFICE: Archer House
Britland Estate
Northbourne Road
Eastbourne
East Sussex
BN22 8PW





REGISTERED NUMBER: 01255331 (England and Wales)





ACCOUNTANTS: Dominic Hill Associates Limited
Archer House
Britland Estate
Northbourne Road
Eastbourne
East Sussex
BN22 8PW

DAVID DOUGLAS (FARMS) LIMITED (REGISTERED NUMBER: 01255331)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,002 51,569

CURRENT ASSETS
Debtors 5 965 1,024
Cash at bank 3,419 4,016
4,384 5,040
CREDITORS
Amounts falling due within one year 6 23,700 54,011
NET CURRENT LIABILITIES (19,316 ) (48,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,314

)

2,598

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings (10,314 ) (2,402 )
SHAREHOLDERS' FUNDS (5,314 ) 2,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 November 2018 and were signed on
its behalf by:



Mr D McKay - Director



Mrs C M McKay - Director


DAVID DOUGLAS (FARMS) LIMITED (REGISTERED NUMBER: 01255331)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

David Douglas (Farms) Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 3 ).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2017 34,976 48,331 83,307
Disposals (34,976 ) - (34,976 )
At 31 March 2018 - 48,331 48,331
DEPRECIATION
At 1 April 2017 - 31,738 31,738
Charge for year - 2,591 2,591
At 31 March 2018 - 34,329 34,329
NET BOOK VALUE
At 31 March 2018 - 14,002 14,002
At 31 March 2017 34,976 16,593 51,569

Included in cost of land and buildings is freehold land of £ 34,976 (2017 - £ 34,976 ) which is not
depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 965 1,024

DAVID DOUGLAS (FARMS) LIMITED (REGISTERED NUMBER: 01255331)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 1,404 2,470
Other creditors 22,296 51,541
23,700 54,011

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors is a loan from the directors which has no fixed term for repayment. An interest
rate of 12% has been charged.

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party. Mr D Mckay and Mrs C M Mckay each hold 50% of the issued
share capital.