| DRIVENWOMAN LTD |
Registered number |
|
|
|
|
|
|
|
07086399 |
| Abbreviated Balance Sheet |
| as at 30 November 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
2,059 |
|
|
1,698 |
| Tangible assets |
3 |
|
|
5,691 |
|
|
7,383 |
|
|
|
|
7,750 |
|
|
9,081 |
|
| Current assets |
| Debtors |
|
|
434 |
|
|
35,502 |
| Cash at bank and in hand |
|
|
258 |
|
|
746 |
|
|
|
692 |
|
|
36,248 |
|
| Creditors: amounts falling due within one year |
|
|
(45,793) |
|
|
(38,251) |
|
| Net current liabilities |
|
|
|
(45,101) |
|
|
(2,003) |
|
| Net (liabilities)/assets |
|
|
|
(37,351) |
|
|
7,078 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
5,000 |
|
|
5,000 |
| Profit and loss account |
|
|
|
(42,351) |
|
|
2,078 |
|
| Shareholder's funds |
|
|
|
(37,351) |
|
|
7,078 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her 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. |
|
|
|
| Mrs M M Mink |
| Director |
|
|
| Approved by the board on 26 August 2015 |
|
| DRIVENWOMAN LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2014 |
|
| 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). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% on reducing balance |
|
Trade Marks |
Over 5 years |
|
|
The company adopted the policy of not depreciating in the year of purchase but full depreciation will be provided in the year on disposal |
|
|
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from material 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 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2013 |
1,946 |
|
Additions |
750 |
|
At 30 November 2014 |
2,696 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 December 2013 |
248 |
|
Provided during the year |
389 |
|
At 30 November 2014 |
637 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2014 |
2,059 |
|
At 30 November 2013 |
1,698 |
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2013 |
10,931 |
|
Additions |
154 |
|
At 30 November 2014 |
11,085 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2013 |
3,548 |
|
Charge for the year |
1,846 |
|
At 30 November 2014 |
5,394 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2014 |
5,691 |
|
At 30 November 2013 |
7,383 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
5,000 |
|
5,000 |
|
5,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Going Concern |
|
|
As at the balance sheet date, the company had net liabilities of £37,351 (2013: net assets: £7,078 ) and a loss for the period of £44,429 (2013: Profit £24,336)
On the basis of the financial support available from the company director, the company will continue in operational existence in the future.
The director is of the opinion that the company will improve its profitability and generate sufficient funds in the foreseeable future to pay its debts and liabilities as and when they arise. |
