DSC-Strand Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01879260

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

DSC-STRAND LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N G Wissett-Warner

J D Banks

SECRETARY:

J M Wissett-Warner

REGISTERED OFFICE:

140A Tachbrook Street

London

SW1V 2NE

REGISTERED NUMBER:

01879260

ACCOUNTANTS:

Saunders Wood & Co.

Chartered Accountants

140A Tachbrook Street

London SW1V 2NE

FIXED ASSETS

Tangible assets

2

23,521

14,970

CURRENT ASSETS

Debtors

18,217

26,177

Cash at bank

37,740

25,648

55,957

51,825

CREDITORS

Amounts falling due within one year

8,223

8,433

NET CURRENT ASSETS

47,734

43,392

TOTAL ASSETS LESS CURRENT LIABILITIES

71,255

58,362

CREDITORS

Amounts falling due after more than one year

10,351

6,144

NET ASSETS

60,904

52,218

CAPITAL AND RESERVES

Called up share capital

3

30,000

30,000

Profit and loss account

30,904

22,218

SHAREHOLDERS' FUNDS

60,904

52,218

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 23 July 2015 and were signed on its behalf by:

N G Wissett-Warner - 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 total amount receivable by the company in respect of services supplied throughout the year.

Tangible fixed assets

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

Short leasehold

-

in accordance with the property lease

Furniture and Equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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 June 2014

59,807

Additions

21,553

Disposals

(12,390

)

At 31 May 2015

68,970

DEPRECIATION

At 1 June 2014

44,837

Charge for year

4,290

Eliminated on disposal

(3,678

)

At 31 May 2015

45,449

NET BOOK VALUE

At 31 May 2015

23,521

At 31 May 2014

14,970

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

30,000

Ordinary

£1

30,000

30,000