Deerfield Group Limited - Limited company - abbreviated - 11.6

Deerfield Group Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 06367558 (England and Wales)










ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

DEERFIELD GROUP LIMITED

DEERFIELD GROUP LIMITED (REGISTERED NUMBER: 06367558)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 2014










Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

DEERFIELD GROUP LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2014







DIRECTORS: R K W Palmer
S F Palmer



SECRETARY: S F Palmer



REGISTERED OFFICE: 61 Chiswick Staithe
London
W4 3TP



REGISTERED NUMBER: 06367558 (England and Wales)



ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY



BANKERS: HSBC Bank plc
26 High Street
Gosport
PO12 1DG

DEERFIELD GROUP LIMITED (REGISTERED NUMBER: 06367558)

ABBREVIATED BALANCE SHEET
31 December 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,138 1,355
Investments 3 444 444
1,582 1,799

CURRENT ASSETS
Debtors 5,231 35,785
Investments - 4,832
Cash at bank 255,617 185,201
260,848 225,818
CREDITORS
Amounts falling due within one year 18,724 24,729
NET CURRENT ASSETS 242,124 201,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

243,706

202,888

PROVISIONS FOR LIABILITIES 228 271
NET ASSETS 243,478 202,617

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 243,378 202,517
SHAREHOLDERS' FUNDS 243,478 202,617

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

DEERFIELD GROUP LIMITED (REGISTERED NUMBER: 06367558)

ABBREVIATED BALANCE SHEET - continued
31 December 2014


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 9 March 2015 and were signed on its behalf by:





R K W Palmer - Director


DEERFIELD GROUP LIMITED (REGISTERED NUMBER: 06367558)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 2014


1. ACCOUNTING POLICIES

Accounting convention
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).

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - Straight line over 3 years

Deferred tax
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to
pay more tax, or a right to pay less tax, at a future date at rates expected to apply when they crystallise based on
current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in
taxation computations in periods different from those in which they are included in financial statements. Deferred
tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered.
Deferred tax assets and liabilities are not discounted.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 7,146
Additions 980
At 31 December 2014 8,126
DEPRECIATION
At 1 January 2014 5,791
Charge for year 1,197
At 31 December 2014 6,988
NET BOOK VALUE
At 31 December 2014 1,138
At 31 December 2013 1,355

DEERFIELD GROUP LIMITED (REGISTERED NUMBER: 06367558)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 December 2014


3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 January 2014
and 31 December 2014 444
NET BOOK VALUE
At 31 December 2014 444
At 31 December 2013 444

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100