Registered Number 04403780
ADS DRILLING LIMITED
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Investments | 2 |
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Current assets | |||
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 | 3 |
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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:
1 Accounting Policies
Basis of measurement and preparation of accounts
Other accounting policies
Provisions are made, using the liability method, on all short term timing differences and also on long term timing differences, except for those that are not expected to reverse in the foreseeable future.
2
Fixed assets Investments
Movement in year - £388,298 (2014 - £18,519)
At 31 March 2015 - £979,891 (2014 - £571,593)
Name of Undertaking and business - Associated Drilling Services
Holding - 5%
The group undertaking is established and trades within the UK.