Abbreviated Company Accounts - DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED

Abbreviated Company Accounts - DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED - Company Information

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Registered Number 04331334

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED

Abbreviated Accounts

5 April 2014

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED Registered Number 04331334

Abbreviated Balance Sheet as at 5 April 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,014 3,979
4,014 3,979
Current assets
Stocks 60,000 10,315
Debtors - 444
Investments 12,717 1,770
72,717 12,529
Creditors: amounts falling due within one year (102,336) (85,770)
Net current assets (liabilities) (29,619) (73,241)
Total assets less current liabilities (25,605) (69,262)
Total net assets (liabilities) (25,605) (69,262)
Capital and reserves
Called up share capital 100 100
Profit and loss account (25,705) (69,362)
Shareholders' funds (25,605) (69,262)
  • For the year ending 5 April 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 July 2014

And signed on their behalf by:
Mr AM Cooney, Director

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED Registered Number 04331334

Notes to the Abbreviated Accounts for the period ended 5 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures & Fittings : 33% Straight line
Plant & Machinery : 20% Straight line
Computer equipment : 33% Straight line

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value after making due allowance for any obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads

2Tangible fixed assets
£
Cost
At 6 April 2013 53,477
Additions 1,655
Disposals -
Revaluations -
Transfers -
At 5 April 2014 55,132
Depreciation
At 6 April 2013 49,498
Charge for the year 1,620
On disposals -
At 5 April 2014 51,118
Net book values
At 5 April 2014 4,014
At 5 April 2013 3,979