Abbreviated Company Accounts - DODOTRADERS UK LIMITED
Abbreviated Company Accounts - DODOTRADERS UK LIMITED
Registered Number 08061928
DODOTRADERS UK LIMITED
Abbreviated Accounts
31 May 2014
DODOTRADERS UK LIMITED Registered Number 08061928
Abbreviated Balance Sheet as at 31 May 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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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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Provisions for liabilities |
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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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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
And signed on their behalf by:
DODOTRADERS UK LIMITED Registered Number 08061928
Notes to the Abbreviated Accounts for the period ended 31 May 2014
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2 Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).
Turnover policy
Turnover represents amounts receivable for goods net of VAT and trade discounts.
Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery 25% p.a. straight line
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
1.6 Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance had not been discounted.
£ | |
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Cost | |
At 1 June 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 May 2014 |
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Depreciation | |
At 1 June 2013 |
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Charge for the year |
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On disposals |
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At 31 May 2014 |
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Net book values | |
At 31 May 2014 | 3,124 |
At 31 May 2013 | 4,687 |