Dael Ventures Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08810983 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 11 December 2013 to 31 December 2014

for

Dael Ventures Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr C A J Dick

Mr D W Sparrow

Mr A Train

Mr L A van der Hout

REGISTERED OFFICE:

Units A & C The Barlands London Road

Charlton Kings

Cheltenham

Gloucestershire

GL52 6UT

REGISTERED NUMBER:

08810983 (England and Wales)

FIXED ASSETS

Investments

2

2,590

CURRENT ASSETS

Debtors

1,200

CREDITORS

Amounts falling due within one year

2,590

NET CURRENT LIABILITIES

(1,390

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,200

CAPITAL AND RESERVES

Called up share capital

3

1,200

SHAREHOLDERS' FUNDS

1,200

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 2 September 2015 and were signed on its behalf by:

Mr A Train - Director

Mr C A J Dick - Director

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).

The company was dormant throughout the period ended 31 December 2014.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

2,590

At 31 December 2014

2,590

NET BOOK VALUE

At 31 December 2014

2,590

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

Dael Technology Ltd

Nature of business:

%

Class of shares:

holding

Ordinary

100.00

2014

£

Aggregate capital and reserves

100

Dael Telecom Ltd

Nature of business: Telecommunications

%

Class of shares:

holding

Ordinary

100.00

2014

£

Aggregate capital and reserves

118,372

Profit for the period

46,284

Jistics Ltd

Nature of business: Equipment rental

%

Class of shares:

holding

Ordinary

100.00

2014

£

Aggregate capital and reserves

110,613

Profit for the period

109,613

Associated company

J B Towers Ltd

Nature of business: Civil engineering

%

Class of shares:

holding

Ordinary

49.00

2014

£

Aggregate capital and reserves

171,264

Profit for the period

170,264

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,200

Ordinary

1

1,200

1,200 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2014:

£

Mr A Train

Balance outstanding at start of period

-

Amounts advanced

120

Amounts repaid

-

Balance outstanding at end of period

120