Dimora Construction Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03645160 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

DIMORA CONSTRUCTION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J C Pessagno

SECRETARY:

Dr L Pessagno

REGISTERED OFFICE:

Birch House

Doctor Fold Lane

Heywood

Lancashire

OL10 2QE

REGISTERED NUMBER:

03645160 (England and Wales)

ACCOUNTANTS:

Wyatt, Morris, Golland Ltd

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Tangible assets

2

205,435

206,364

CURRENT ASSETS

Stocks

22,000

-

Debtors

3,996

24,263

Cash at bank and in hand

37,713

4,760

63,709

29,023

CREDITORS

Amounts falling due within one year

3

50,014

18,163

NET CURRENT ASSETS

13,695

10,860

TOTAL ASSETS LESS CURRENT LIABILITIES

219,130

217,224

CREDITORS

Amounts falling due after more than one year

3

129,106

128,819

NET ASSETS

90,024

88,405

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

89,924

88,305

SHAREHOLDERS' FUNDS

90,024

88,405

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 7 May 2015 and were signed by:

J C Pessagno - 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 net invoiced sales of goods, 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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

234,946

Additions

480

At 31 December 2014

235,426

DEPRECIATION

At 1 January 2014

28,582

Charge for year

1,409

At 31 December 2014

29,991

NET BOOK VALUE

At 31 December 2014

205,435

At 31 December 2013

206,364

3.

CREDITORS

Creditors include an amount of £ 97,714 (2013 - £ 98,650 ) for which security has been given.

They also include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

69,344

59,250

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100