Digital Inspection Services Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06032588 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Digital Inspection Services Ltd

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

Chartered Accountants' Report

4

FIXED ASSETS

Intangible assets

2

2,105

2,105

Tangible assets

3

350

467

2,455

2,572

CURRENT ASSETS

Debtors

5,690

3,824

Cash at bank

39,990

41,974

45,680

45,798

CREDITORS

Amounts falling due within one year

20,410

27,109

NET CURRENT ASSETS

25,270

18,689

TOTAL ASSETS LESS CURRENT LIABILITIES

27,725

21,261

PROVISIONS FOR LIABILITIES

70

94

NET ASSETS

27,655

21,167

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

26,655

20,167

SHAREHOLDERS' FUNDS

27,655

21,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 30 July 2014 and were signed on its behalf by:

Miss T A Lawson - 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

-

25% reducing balance basis

Fixtures and fittings

-

25% reducing balance basis

Deferred tax

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

balance sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred, except that

development expenditure incurred on an individual project is carried forward when it's future recoverability can

reasonably be regarded as assured. Any expenditure carried forward is amortised in line with the expected future

sales from the related project.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

2,105

NET BOOK VALUE

At 31 December 2013

2,105

At 31 December 2012

2,105

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

1,884

DEPRECIATION

At 1 January 2013

1,417

Charge for year

117

At 31 December 2013

1,534

NET BOOK VALUE

At 31 December 2013

350

At 31 December 2012

467

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1,000

Ordinary

£1

1,000

1,000

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors is a joint loan from the directors of £532. (2012:- £4,365). The directors' loan account

was not overdrawn at any time during the year.

6.	ULTIMATE CONTROLLING PARTY

The company was under the control of Miss T A Lawson and Mr J Benson throughout the current and previous

periods. Miss Lawson and Mr Benson between them own 100% of the issued share capital of the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages one to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Digital Inspection Services Ltd for the year ended 31 December 2013 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to

its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Digital Inspection Services Ltd, as a body, in accordance with our

terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Digital Inspection Services Ltd and state those matters that we have agreed to state to the Board of Directors of Digital

Inspection Services Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To

the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its

Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Digital Inspection Services Ltd has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Digital

Inspection Services Ltd. You consider that Digital Inspection Services Ltd is exempt from the statutory audit requirement

for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Digital Inspection Services

Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

R F Miller & Co

Chartered Accountants

102 Duke Street

Barrow in Furness

Cumbria

LA14 1RD

30 July 2014