Direct Conveyancing UK Limited - Period Ending 2014-09-30

Registration number: 04417814

Direct Conveyancing UK Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2014
 

Stubbs Parkin Limited
Chartered Accountants
18a London Street
Southport
Merseyside
PR9 0UE

Direct Conveyancing UK Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Direct Conveyancing UK Limited
(Registration number: 04417814)
Abbreviated Balance Sheet at 30 September 2014

		Note			2014 £						2013 £
	£			£			£			£
Fixed assets
Tangible fixed assets								12,091						14,265
Current assets
Debtors					33,334						10,014
Cash at bank and in hand					13,960						4,962
					47,294						14,976
Creditors: Amounts falling due within one year					(59,305)						(28,380)
Net current liabilities								(12,011)						(13,404)
Net assets								80						861
Capital and reserves
Called up share capital		3			3						3
Profit and loss account					77						858
Shareholders' funds								80						861

For the year ending 30 September 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 director acknowledges her 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 director on 23 April 2015

.........................................
Mrs Y M Owen
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Direct Conveyancing UK Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computers & website	20% reducing balance basis
Fixtures & fittings	15% reducing balance basis

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2013		59,207			59,207
Additions		465			465
At 30 September 2014		59,672			59,672
Depreciation
At 1 October 2013		44,942			44,942
Charge for the year		2,639			2,639
At 30 September 2014		47,581			47,581
Net book value
At 30 September 2014		12,091			12,091
At 30 September 2013		14,265			14,265

Page 2

Direct Conveyancing UK Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		3			3			3			3

Page 3