DevMac Trading Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07686909 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

DevMac Trading Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P R McDonald

A M Devereux

REGISTERED OFFICE:

9 Granary Wharf

Business Park

Wetmore Road

Burton-on-Trent

Staffordshire

DE14 1DU

REGISTERED NUMBER:

07686909 (England and Wales)

ACCOUNTANTS:

The Chartwell Practice

Chartwell House

4 St. Paul's Square

Burton-on-Trent

Staffordshire

DE14 2EF

FIXED ASSETS

Tangible assets

2

5,434

6,160

CURRENT ASSETS

Debtors

58,578

47,858

Cash at bank

7,664

5,073

66,242

52,931

CREDITORS

Amounts falling due within one year

47,668

26,408

NET CURRENT ASSETS

18,574

26,523

TOTAL ASSETS LESS CURRENT LIABILITIES

24,008

32,683

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

23,908

32,583

SHAREHOLDERS' FUNDS

24,008

32,683

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 18 February 2015 and were signed on its behalf by:

P R McDonald - Director

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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Photography equipment

-

Straight line over 3 years

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

Straight line over 3 years

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

6,847

Additions

713

At 30 June 2014

7,560

DEPRECIATION

At 1 July 2013

687

Charge for year

1,439

At 30 June 2014

2,126

NET BOOK VALUE

At 30 June 2014

5,434

At 30 June 2013

6,160

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

100

Ordinary

1

100

100