Abbreviated Company Accounts - DAILU LIMITED

Abbreviated Company Accounts - DAILU LIMITED


Registered Number 08513378

DAILU LIMITED

Abbreviated Accounts

31 August 2014

DAILU LIMITED Registered Number 08513378

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014
£
Fixed assets
Investments 2 101
101
Current assets
Cash at bank and in hand 7,499
7,499
Net current assets (liabilities) 7,499
Total assets less current liabilities 7,600
Total net assets (liabilities) 7,600
Capital and reserves
Called up share capital 3 100
Profit and loss account 7,500
Shareholders' funds 7,600
  • For the year ending 31 August 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 May 2015

And signed on their behalf by:
Mr P ELWELL, Director

DAILU LIMITED Registered Number 08513378

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

Other accounting policies
Consolidation

In the opinion of the director, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

2Fixed assets Investments
During the period the company purchased 50% of the issued share capital of The Battery Boss Limited, 50% of the issued share capital of Three Forces Engineering Co Limited and 100% of the issued share capital of LWL Products Limited. All companies are incorporated in England and Wales.

At 31 August 2014 the above companies aggregate capital and reserves were as follows:

The Battery Boss Limited - £(17,407)
Three Forces Engineering Co Limited - £291
LWL Products Limited - £3,394

Profit and (loss) for the period

The Battery Boss Limited - £2,016
Three Forces Engineering Co Limited - £7,691
LWL Products Limited - £1,501

Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.

3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
100 Ordinary shares of £1 each 100

During the period 100 shares were issued at par for cash consideration.