Direct Know How Limited - Limited company - abbreviated - 11.0.0

Direct Know How Limited - Limited company - abbreviated - 11.0.0

DATA KNOW HOW LIMITED - Company Information

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REGISTERED NUMBER: 03086403 (England and Wales)






ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

DIRECT KNOW HOW LIMITED

DIRECT KNOW HOW LIMITED (REGISTERED NUMBER: 03086403)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 January 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

DIRECT KNOW HOW LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2014







DIRECTORS: M A Pearce
Mrs A Pearce





SECRETARY: Mrs A Pearce





REGISTERED OFFICE: Sundial House
98 High Street
Horsell
Woking
Surrey
GU21 4SU





REGISTERED NUMBER: 03086403 (England and Wales)





ACCOUNTANTS: Hamlyns LLP
Chartered Accountants
Sundial House
High Street
Horsell
Woking
Surrey
GU21 4SU
Page 1
DIRECT KNOW HOW LIMITED (REGISTERED NUMBER: 03086403)

ABBREVIATED BALANCE SHEET
31 January 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 8,166 2,566
8,166 2,566

CURRENT ASSETS
Stocks 5,651 8,107
Debtors 121,572 163,903
Cash at bank and in hand 113,172 52,101
240,395 224,111
CREDITORS
Amounts falling due within one year 99,675 77,178
NET CURRENT ASSETS 140,720 146,933
TOTAL ASSETS LESS CURRENT
LIABILITIES
148,886
149,499

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and loss account 147,886 148,499
SHAREHOLDERS' FUNDS 148,886 149,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 23 July 2014 and were signed on its behalf by:




M A Pearce - Director


The notes form part of these abbreviated accounts

Page 2
DIRECT KNOW HOW LIMITED (REGISTERED NUMBER: 03086403)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 January 2014

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.

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 - 25% on cost
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2013
and 31 January 2014 18,750
AMORTISATION
At 1 February 2013
and 31 January 2014 18,750
NET BOOK VALUE

At 31 January 2014 -
At 31 January 2013 -

Page 3 continued...
DIRECT KNOW HOW LIMITED (REGISTERED NUMBER: 03086403)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 January 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2013 117,888
Additions 8,900
At 31 January 2014 126,788
DEPRECIATION
At 1 February 2013 115,322
Charge for year 3,300
At 31 January 2014 118,622
NET BOOK VALUE
At 31 January 2014 8,166
At 31 January 2013 2,566

4. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2014 2013
value: £    £   
20,000 Ordinary 5p 1,000 1,000

5. CONTROLLING PARTY

The company is controlled by Mr. M A Pearce and Mrs. A Pearce by virtue of their shareholding.

Page 4