Dex International Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06715430 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2014

FOR

DEX INTERNATIONAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountant

5

DIRECTORS:

S Z Dar

A Salman

REGISTERED OFFICE:

328 Farnham Road

Slough

SL2 1BT

REGISTERED NUMBER:

06715430 (England and Wales)

ACCOUNTANT:

J R Accounts

Chartered Certified Accountants

164-166 High Road

Ilford

Essex

IG1 1LL

FIXED ASSETS

Tangible assets

2

13,526

16,948

CURRENT ASSETS

Debtors

521,781

1,486,520

Cash at bank

681,385

85,168

1,203,166

1,571,688

CREDITORS

Amounts falling due within one year

212,671

799,411

NET CURRENT ASSETS

990,495

772,277

TOTAL ASSETS LESS CURRENT LIABILITIES

1,004,021

789,225

PROVISIONS FOR LIABILITIES

-

3,621

NET ASSETS

1,004,021

785,604

CAPITAL AND RESERVES

Called up share capital

3

500,000

500,000

Profit and loss account

504,021

285,604

SHAREHOLDERS' FUNDS

1,004,021

785,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 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 26 August 2015 and were signed on its behalf by:

S Z Dar - Director

1.	ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

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).

1.2 Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the

year, exclusive of Value Added Tax and trade discounts.

1.3 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write of

the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following:

Fixture, fittings & equipment - 25% reducing balance

Computers & equipment - 15% reducing balance

1.4 Deferred tax

Full provision is made for deferred tax assets and liabilities arising from all timing difference between the

recognition of gains and losses in the financial statement and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable

taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing

differences are expected to reverse.

Deferred tax assets and liabilities are not discounted.

1.5 Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

24,627

Additions

1,086

At 31 October 2014

25,713

DEPRECIATION

At 1 November 2013

7,679

Charge for year

4,508

At 31 October 2014

12,187

NET BOOK VALUE

At 31 October 2014

13,526

At 31 October 2013

16,948

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

500,000

Allotted,called up and fully

paid

1

500,000

500,000

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 two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2014 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

J R Accounts

Chartered Certified Accountants

164-166 High Road

Ilford

Essex

IG1 1LL

26 August 2015