DREvelop Limited Accounts iXBRL


Registered number: 08792361
DREvelop Limited
Abbreviated accounts
for the period ended 30 November 2014

DREvelop Limited

Contents

  • Abbreviated Balance sheet
  • Notes to the financial statements

DREvelop Limited

Abbreviated balance sheet

as at 30 November 2014

2014
Notes £ £
Fixed Assets
Tangible assets 185
Current Asset
Cash at bank and in hand 13,313
Debtors 7,800
21,113
Creditors: amounts falling due within one year 7 (14,763)
Net current assets 6,350
Total assets less current liabilities 6,535 
Net assets 6,535
Capital and reserves
Share Capital 1
Profit and loss account 6,534
Shareholder's funds 6,535


The directors' statements required by Sections 475(2) and (3) are shown on the following page which forms part of this Balance Sheet.

DREvelop Limited

Registered number: 08792361

Abbreviated balance sheet (continued)

Director's statements required by Sections 475(2) and (3)
for the period ended 30 November 2014

In approving these abbreviated accounts as director of the company I hereby confirm:

(a) that for the period stated above the company was entitled to the exemption conferred by Section 477 of the Companies Act 2006 ;
(b) that no notice has been deposited at the registered office of the company pursuant to Section 476 requesting that an audit be conducted for the period ended 30 November 2014 ; and
(c) that I acknowledge my responsibilities for:
(1) ensuring that the company keeps accounting records which comply with Section 386 ; and
(2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit or loss for the period then ended in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company.

These abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008) relating to small companies.

The abbreviated accounts were approved by the Board on 7 April 2015 and signed on its behalf by
Daniel Ellis
Director

DREvelop Limited

Notes to the abbreviated financial statements

for the period ended 30 November 2014

1 Accounting policies
1.1

Basis of preparation

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

1.3

Tangible fixed assets and depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Motor vehicles 25% straight line
Equipment, fixtures and fittings 25% straight line
1.4

Stocks

Stock is valued at the lower of cost and net realisable value.

4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
Additions 185 185 
At 30 November 2014 185 185 
Depreciation
At 30 November 2014
Net book value
At 30 November 2014 185 185 


8 Share capital 2014 2014
No £
Allotted, called up and fully paid:
Ordinary shares of £ 1 each 1 1


11 Controlling interest

The controlling and ultimate controlling party is Daniel Ellis, the director of the company, by virtue of the fact that he/she owns 100% of the issued share capital.



12 Going concern

The director has reviewed the twelve months ahead and has considered the company's financial position and notes no material uncertainties that may cast significant doubt about the ability of it to continue as a going concern.



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