Abbreviated Company Accounts - DIAL SOLUTIONS LIMITED

DIAL SOLUTIONS LIMITED - Company Information

Registered Number 02900702

DIAL SOLUTIONS LIMITED

Abbreviated Accounts

31 August 2014

DIAL SOLUTIONS LIMITED Registered Number 02900702

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,547	6,063
		4,547	6,063
Current assets
Stocks		1,115	1,161
Debtors		2,192	8,170
Cash at bank and in hand		25,783	17,506
		29,090	26,837
Creditors: amounts falling due within one year		(2,230)	(4,458)
Net current assets (liabilities)		26,860	22,379
Total assets less current liabilities		31,407	28,442
Total net assets (liabilities)		31,407	28,442
Capital and reserves
Called up share capital		480	480
Other reserves		120	120
Profit and loss account		30,807	27,842
Shareholders' funds		31,407	28,442

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:
P Driscoll, Director

DIAL SOLUTIONS LIMITED Registered Number 02900702

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.

Turnover policy
Turnover comprises the value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery 25% Reducing balance

Other accounting policies
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 September 2013	79,895
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	79,895
Depreciation
At 1 September 2013	73,832
Charge for the year	1,516
On disposals	-
At 31 August 2014	75,348
Net book values
At 31 August 2014	4,547
At 31 August 2013	6,063