DAZZ-LED_LTD - Accounts

DAZZ-LED LTD - Company Information

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Company Registration No. 08102373 (England and Wales)

DAZZ-LED LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2014

DAZZ-LED LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

DAZZ-LED LTD

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

626

682

Current assets

Stocks

22,051

23,790

Debtors

24,527

4,484

Cash at bank and in hand

29,736

16,202

76,314

44,476

Creditors: amounts falling due within one year

(58,788)

(42,874)

Net current assets

17,526

1,602

Total assets less current liabilities

18,152

2,284

Capital and reserves

Called up share capital

Profit and loss account

18,150

2,282

Shareholders' funds

18,152

2,284

For the financial year ended 31 October 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 July 2015

S Haria

Director

Company Registration No. 08102373

DAZZ-LED LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

20% on straight line

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 November 2013

952

Additions

299

At 31 October 2014

1,251

Depreciation

At 1 November 2013

270

Charge for the year

355

At 31 October 2014

625

Net book value

At 31 October 2014

626

At 31 October 2013

682

DAZZ-LED LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

2 Ordinary Shares of £1 each