DRAGISO LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06991370 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st August 2014

for

DRAGISO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr Daniel Kubach

REGISTERED OFFICE:

64 Gloucester Terrace

Flat 3

London

W2 3HH

REGISTERED NUMBER:

06991370 (England and Wales)

ACCOUNTANTS:

RDP Newmans LLP

373/375 Station Road

Harrow

Middlesex

HA1 2AW

FIXED ASSETS

Tangible assets

2

1,709

2,278

CURRENT ASSETS

Debtors

129,600

-

Cash at bank

67,048

144,103

196,648

144,103

CREDITORS

Amounts falling due within one year

25,951

48,369

NET CURRENT ASSETS

170,697

95,734

TOTAL ASSETS LESS CURRENT LIABILITIES

172,406

98,012

PROVISIONS FOR LIABILITIES

129,942

456

NET ASSETS

42,464

97,556

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

42,364

97,456

SHAREHOLDERS' FUNDS

42,464

97,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 27th May 2015 and were signed by:

Mr Daniel Kubach - Director

1.	ACCOUNTING POLICIES

Accounting convention

The accounts have been prepared on the historical cost basis, whereby items are recorded at the values at the dates

when the assets were acquired, the liabilities were incurred, or the capital obtained, and includes the results of the

Company's operations which are described in the Director's Report and all of which are continuing.

The Company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to

produce a cash flow statement on the grounds that it is a small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Deferred tax

The charge for taxation is based on the profit for the year and takes into account taxation deferred because of timing

differences between the treatment of certain items for accounting and taxation purposes. However, no provision is

made for taxation deferred by reliefs where there is reasonable evidence that no liability will arise in the foreseeable

future.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2013

and 31st August 2014

3,755

DEPRECIATION

At 1st September 2013

1,477

Charge for year

569

At 31st August 2014

2,046

NET BOOK VALUE

At 31st August 2014

1,709

At 31st August 2013

2,278

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100