Abbreviated Company Accounts - DISTINCT HOLDINGS LIMITED

DISTINCT HOLDINGS LIMITED - Company Information

07216094 DISTINCT HOLDINGS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07216094 2014-04-01 2015-03-31 07216094 2015-03-31 07216094 2014-03-31 07216094 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07216094 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07216094

DISTINCT HOLDINGS LIMITED

Abbreviated Accounts

31 March 2015

DISTINCT HOLDINGS LIMITED Registered Number 07216094

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,650,233	1,686,905
Investments	3	100	100
		1,650,333	1,687,005
Current assets
Debtors		377,128	397,128
Cash at bank and in hand		51,178	42,478
		428,306	439,606
Creditors: amounts falling due within one year		(58,634)	(49,130)
Net current assets (liabilities)		369,672	390,476
Total assets less current liabilities		2,020,005	2,077,481
Creditors: amounts falling due after more than one year		(2,065,081)	(2,133,713)
Total net assets (liabilities)		(45,076)	(56,232)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(45,176)	(56,332)
Shareholders' funds		(45,076)	(56,232)

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 August 2015

And signed on their behalf by:
Dr K Agrawal, Director
Dr R Agrawal, Director

DISTINCT HOLDINGS LIMITED Registered Number 07216094

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

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

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Land and building freehold 2% of cost

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2014	1,833,593
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	1,833,593
Depreciation
At 1 April 2014	146,688
Charge for the year	36,672
On disposals	-
At 31 March 2015	183,360
Net book values
At 31 March 2015	1,650,233
At 31 March 2014	1,686,905

3Fixed assets Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.
Financial

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100