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Abbreviated accounts

For The Year Ended 30 June 2014

D & K Accountancy Services

Rowlandson House

289-293 Ballards Lane

London

N12 8NP

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Company No. 05488064

Abbreviated Balance Sheet 30 June 2014

Abbreviated Balance Sheet

		2014		2013
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	2		6,847		6,847

			6,847		6,847
CURRENT ASSETS
Debtors		10,749		10,700
Cash at bank and in hand		184		828

		10,933		11,528
Creditors: Amounts Falling Due Within One Year		(122,875)		(120,799)

NET CURRENT ASSETS (LIABILITIES)			(111,942)		(109,271)

TOTAL ASSETS LESS CURRENT LIABILITIES			(105,095)		(102,424)

NET ASSETS			(105,095)		(102,424)

CAPITAL AND RESERVES
Called up share capital	3		100		100
Profit and Loss account			(105,195)		(102,524)

SHAREHOLDERS' FUNDS			(105,095)		(102,424)

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Company No. 05488064

Abbreviated Balance Sheet (continued) 30 June 2014

For the year ending 30 June 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

On behalf of the board

Mr David Hyams

30/03/2015

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Notes to the Abbreviated Accounts

For The Year Ended 30 June 2014

Notes to the Abbreviated Accounts

Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Computer Equipment	25% reducing balance

Tangible Assets


	Total
Cost	£
As at 1 July 2013	28,725

As at 30 June 2014	28,725

Depreciation
As at 1 July 2013	21,878

As at 30 June 2014	21,878

Net Book Value
As at 30 June 2014	6,847

As at 1 July 2013	6,847

Share Capital

	Value	Number	2014	2013
Allotted, called up and fully paid:	£		£	£
Ordinary shares	1.000	100	100	100

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