D.K.A.P._INTERNATIONAL_LI - Accounts

DKAP INTERNATIONAL LIMITED - Company Information

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Company Registration No. 05153218 (England and Wales)

D.K.A.P. INTERNATIONAL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2013

D.K.A.P. INTERNATIONAL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

D.K.A.P. INTERNATIONAL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

6,590

7,411

Current assets

Stocks

19,465

20,900

Debtors

42,821

33,523

62,286

54,423

Creditors: amounts falling due within one year

(66,514)

(60,738)

Net current liabilities

(4,228)

(6,315)

Total assets less current liabilities

2,362

1,096

Capital and reserves

Called up share capital

1,000

Profit and loss account

1,362

Shareholders' funds

2,362

1,096

For the financial year ended 31 October 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 25 August 2014

Mr A G Southan

Ms D A Southan

Director

Company Registration No. 05153218

D.K.A.P. INTERNATIONAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2013

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT 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 off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

15% reducing balance

Motor vehicles

20% reducing balance

Fixed assets

Tangible assets

Cost

At 1 November 2012

21,192

Additions

389

At 31 October 2013

21,581

Depreciation

At 1 November 2012

13,781

Charge for the year

1,210

At 31 October 2013

14,991

Net book value

At 31 October 2013

6,590

At 31 October 2012

7,411

Share capital

2013

2012

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000

D.K.A.P. INTERNATIONAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2013

- 3 -

Transactions with directors

The following directors (had)/gave loans during the year. The movement on these loans are as follows:

Amount outstanding

Maximum

2013

2012

in year

Mr A G Southan

(19,338)

(15,633)

(19,338)

Ms D A Southan

(5,036)

Interest of £479 was charged on the overdrawn loan accounts.