Abbreviated Company Accounts - DVL TECHNOLOGY LIMITED

DVL TECHNOLOGY LIMITED - Company Information

06660415 DVL TECHNOLOGY LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 06660415 2013-07-01 2014-06-30 06660415 2014-06-30 06660415 2013-06-30 06660415 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 06660415 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 06660415

DVL TECHNOLOGY LIMITED

Abbreviated Accounts

30 June 2014

DVL TECHNOLOGY LIMITED Registered Number 06660415

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	137,314	78,337
		137,314	78,337
Current assets
Debtors		1,119	21,426
Cash at bank and in hand		643	8,785
		1,762	30,211
Prepayments and accrued income		5,845	-
Creditors: amounts falling due within one year		(1,051,331)	(652,715)
Net current assets (liabilities)		(1,043,724)	(622,504)
Total assets less current liabilities		(906,410)	(544,167)
Total net assets (liabilities)		(906,410)	(544,167)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(906,510)	(544,267)
Shareholders' funds		(906,410)	(544,167)

For the year ending 30 June 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 20 March 2015

And signed on their behalf by:
E J Harris, Director

DVL TECHNOLOGY LIMITED Registered Number 06660415

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the economic life of that asset as follows:
Plant & Machinery - 2 to 5 years

Other accounting policies
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 July 2013	85,486
Additions	112,668
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	198,154
Depreciation
At 1 July 2013	7,149
Charge for the year	53,691
On disposals	-
At 30 June 2014	60,840
Net book values
At 30 June 2014	137,314
At 30 June 2013	78,337

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100