Abbreviated Company Accounts - DIGITAL YACHT LTD

Abbreviated Company Accounts - DIGITAL YACHT LTD

DIGITAL YACHT LTD - Company Information

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Registered Number 04838747

DIGITAL YACHT LTD

Abbreviated Accounts

31 July 2014

DIGITAL YACHT LTD Registered Number 04838747

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 14,043 14,100
14,043 14,100
Current assets
Stocks 74,329 58,251
Debtors 36,109 58,495
110,438 116,746
Creditors: amounts falling due within one year (70,253) (98,592)
Net current assets (liabilities) 40,185 18,154
Total assets less current liabilities 54,228 32,254
Provisions for liabilities 0 (1,426)
Total net assets (liabilities) 54,228 30,828
Capital and reserves
Called up share capital 100 100
Profit and loss account 54,128 30,728
Shareholders' funds 54,228 30,828
  • For the year ending 31 July 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 29 April 2015

And signed on their behalf by:
N.Heyes, Director

DIGITAL YACHT LTD Registered Number 04838747

Notes to the Abbreviated Accounts for the period ended 31 July 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.

2Tangible fixed assets
£
Cost
At 1 August 2013 18,801
Additions 4,628
Disposals -
Revaluations -
Transfers -
At 31 July 2014 23,429
Depreciation
At 1 August 2013 4,701
Charge for the year 4,685
On disposals -
At 31 July 2014 9,386
Net book values
At 31 July 2014 14,043
At 31 July 2013 14,100