DP Funding Limited - Abbreviated accounts

Registered number

06411825

DP Funding Limited

Abbreviated Accounts

31 October 2013

DP Funding Limited
Registered number:		06411825
Abbreviated Balance Sheet
as at 31 October 2013

Notes			2013			2012
£				£
Current assets
Debtors		2,686,217			2,687,378
Cash at bank and in hand		1,219			606
		2,687,436			2,687,984

Creditors: amounts falling due within one year		(290,728)			(226,810)

Net current assets			2,396,708			2,461,174

Net assets			2,396,708			2,461,174

Capital and reserves
Called up share capital	2		2,685,671			2,685,671
Profit and loss account			(288,963)			(224,497)

Shareholders' funds			2,396,708			2,461,174

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



D Parry
Director
Approved by the board on 24 July 2014

DP Funding Limited
Notes to the Abbreviated Accounts
for the year ended 31 October 2013

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2013		2013		2012
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2,685,671		2,685,671		2,685,671