Dealcentral Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02048638

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

DEALCENTRAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J V Fletcher

K H Walton

SECRETARY:

Mrs C P Gilman

REGISTERED OFFICE:

Pitches Sports & Leisure

Wickersley Road

Rotherham

S60 3PR

REGISTERED NUMBER:

02048638

ACCOUNTANTS:

Hodgson & Oldfield

20 Paradise Square

Sheffield

S1 1UA

FIXED ASSETS

Tangible assets

2

86,109

88,404

CURRENT ASSETS

Stocks

1,715

3,082

Debtors

2,546

2,392

Cash at bank and in hand

136,718

137,477

140,979

142,951

CREDITORS

Amounts falling due within one year

56,470

60,788

NET CURRENT ASSETS

84,509

82,163

TOTAL ASSETS LESS CURRENT LIABILITIES

170,618

170,567

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

170,518

170,467

SHAREHOLDERS' FUNDS

170,618

170,567

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 August 2014 and were signed on its behalf by:

J V Fletcher - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 sales of goods net of value added tax. Sales are recognised when the goods are

physically passed to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

Over term of the lease

Plant and machinery etc

-

33% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value. Cost is determined on a first in first out

basis. Net realisable value represents estimated selling price. Provision is made for slow moving,

obsolete or damaged stock where the net realisable value is less than cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date where transactions or events that result in an obligation to pay more tax in the

future or a right to pay less tax in the future have occurred at the balance sheet date. Timing

differences are differences between the company's taxable profit or loss and its results as stated in the

financial statements that arise from the inclusion of gains and losses in assessments in periods

different from those in which they are recognised in the financial statements.

Deferred tax is not recognised when fixed assets are revalued unless by the balance sheet date there is

a binding agreement to sell the revalued assets and the gain or loss expected to arise on sale has been

recognised in the financial statements.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

177,596

Disposals

(3,402

)

At 30 November 2013

174,194

DEPRECIATION

At 1 December 2012

89,192

Charge for year

2,295

Eliminated on disposal

(3,402

)

At 30 November 2013

88,085

NET BOOK VALUE

At 30 November 2013

86,109

At 30 November 2012

88,404

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

100

Ordinary Shares

£1

100

100