DAZIYA_LIMITED - Accounts

DAZIYA LIMITED - Company Information

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Company Registration No. 06429345 (England and Wales)

DAZIYA LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

DAZIYA LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

DAZIYA LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Intangible assets

13,199

16,499

Tangible assets

13,446

15,526

26,645

32,025

Current assets

Stocks

53,221

59,418

Debtors

45,343

32,639

Cash at bank and in hand

7,388

6,100

105,952

98,157

Creditors: amounts falling due within one year

(63,787)

(59,614)

Net current assets

42,165

38,543

Total assets less current liabilities

68,810

70,568

Provisions for liabilities

(2,076)

(2,358)

66,734

68,210

Capital and reserves

Called up share capital

Profit and loss account

66,684

68,160

Shareholders' funds

66,734

68,210

DAZIYA LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 NOVEMBER 2013

- 2 -

For the financial year ended 30 November 2013 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 of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 August 2014

Mr R. Sundavadra

Director

Company Registration No. 06429345

DAZIYA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

Accounting policies

1.1

Accounting convention

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

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over 10 years.

1.5

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 less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% Reducing Balance Basis

1.6

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.7

Stock

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

1.8

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

DAZIYA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2013

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 December 2012

32,999

34,396

67,395

Additions

292

At 30 November 2013

32,999

34,688

67,687

Depreciation

At 1 December 2012

16,500

18,870

35,370

Charge for the year

3,300

2,372

5,672

At 30 November 2013

19,800

21,242

41,042

Net book value

At 30 November 2013

13,199

13,446

26,645

At 30 November 2012

16,499

15,526

32,025

Share capital

2013

2012

Allotted, called up and fully paid

50 Ordinary shares of £1 each

Related party relationships and transactions

Advances and credits to directors

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

R. Sundavadra - Directors loan

13,390

25,140

(18,000)

20,530

R. Sundavadra - Directors loan

13,389

25,141

(18,000)

20,530

26,779

50,281

(36,000)

41,060