D G Product Safety Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08456466 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

D G Product Safety Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R Greaves

Mrs D Greaves

REGISTERED OFFICE:

The Studio

377 - 399 London Road

Camberley

Surrey

GU15 3HL

REGISTERED NUMBER:

08456466 (England and Wales)

ACCOUNTANTS:

Sumner & Moore Limited

The Studio

377 - 399 London Road

Camberley

Surrey

GU15 3HL

FIXED ASSETS

Tangible assets

2

1,865

966

CURRENT ASSETS

Debtors

28,464

25,794

Cash at bank

2,054

15,574

30,518

41,368

CREDITORS

Amounts falling due within one year

24,774

35,826

NET CURRENT ASSETS

5,744

5,542

TOTAL ASSETS LESS CURRENT LIABILITIES

7,609

6,508

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

7,509

6,408

SHAREHOLDERS' FUNDS

7,609

6,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 28 May 2015 and were signed on its behalf by:

R Greaves - 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 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.

Plant and machinery etc

-

at varying rates on cost

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 April 2014

1,524

Additions

2,794

At 31 March 2015

4,318

DEPRECIATION

At 1 April 2014

558

Charge for year

1,895

At 31 March 2015

2,453

NET BOOK VALUE

At 31 March 2015

1,865

At 31 March 2014

966

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors due within one year is £33 (2014 £12,822) due to the directors Mr & Mrs Greaves. There are

no formal repayment terms and no interest is charged.

During the year Mr & Mrs Geaves provided the company with office space at a cost of £208.