Abbreviated Company Accounts - D B C MANAGEMENT LIMITED

Abbreviated Company Accounts - D B C MANAGEMENT LIMITED

DAVID BROWN CONSTRUCTION LIMITED - Company Information

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Registered Number 06963143

D B C MANAGEMENT LIMITED

Abbreviated Accounts

31 July 2014

D B C MANAGEMENT LIMITED Registered Number 06963143

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 26,614 35,486
26,614 35,486
Current assets
Stocks 32,193 18,994
Debtors 40,723 22,362
Cash at bank and in hand 27,444 18,474
100,360 59,830
Creditors: amounts falling due within one year (31,695) (6,476)
Net current assets (liabilities) 68,665 53,354
Total assets less current liabilities 95,279 88,840
Creditors: amounts falling due after more than one year (120,474) (210,474)
Accruals and deferred income (1,800) (1,200)
Total net assets (liabilities) (26,995) (122,834)
Capital and reserves
Called up share capital 5,000 5,000
Profit and loss account (31,995) (127,834)
Shareholders' funds (26,995) (122,834)
  • 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 28 February 2015

And signed on their behalf by:
S A Richmond, Director

D B C MANAGEMENT LIMITED Registered Number 06963143

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.

Turnover policy
Turnover is represented by the invoiced value of sales less credit notes. All sales in the year were zero rated for VAT purposes.

Tangible assets depreciation policy
Fixed assets were depreciated at the rate of 25% of the net book value

2Tangible fixed assets
£
Cost
At 1 August 2013 75,623
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 75,623
Depreciation
At 1 August 2013 40,137
Charge for the year 8,872
On disposals -
At 31 July 2014 49,009
Net book values
At 31 July 2014 26,614
At 31 July 2013 35,486