Abbreviated Company Accounts - DESIGN PRINT DISPLAY LIMITED

Abbreviated Company Accounts - DESIGN PRINT DISPLAY LIMITED


Registered Number 07593684

DESIGN PRINT DISPLAY LIMITED

Abbreviated Accounts

31 May 2014

DESIGN PRINT DISPLAY LIMITED Registered Number 07593684

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 7,057 9,410
7,057 9,410
Current assets
Debtors 23,467 23,467
Cash at bank and in hand 7,813 10,618
31,280 34,085
Creditors: amounts falling due within one year (43,374) (43,374)
Net current assets (liabilities) (12,094) (9,289)
Total assets less current liabilities (5,037) 121
Total net assets (liabilities) (5,037) 121
Capital and reserves
Called up share capital 3 10 10
Profit and loss account (5,047) 111
Shareholders' funds (5,037) 121
  • For the year ending 31 May 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 26 February 2015

And signed on their behalf by:
Emma Thorpe, Director

DESIGN PRINT DISPLAY LIMITED Registered Number 07593684

Notes to the Abbreviated Accounts for the period ended 31 May 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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each assets over its expected life, as follows:

Fixtures, fitting and equipment- 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2013 11,887
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 11,887
Depreciation
At 1 June 2013 2,477
Charge for the year 2,353
On disposals -
At 31 May 2014 4,830
Net book values
At 31 May 2014 7,057
At 31 May 2013 9,410
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
10 Ordinary shares of £1 each 10 10