D.A. Lounge Ltd - Abbreviated accounts

Registered number

08328770

D.A. Lounge Ltd

Abbreviated Accounts

31 December 2014

D.A. Lounge Ltd
Registered number:		08328770
Abbreviated Balance Sheet
as at 31 December 2014

Notes			2014
£
Fixed assets
Tangible assets	2		654

Current assets
Cash at bank and in hand		48,721

Creditors: amounts falling due within one year		(21,253)

Net current assets			27,468

Net assets			28,122

Capital and reserves
Called up share capital	3		100
Profit and loss account			28,022

Shareholders' funds			28,122

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.



H G H Shaban
Director
Approved by the board on 30 September 2015

D.A. Lounge Ltd
Notes to the Abbreviated Accounts
for the year ended 31 December 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 January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and 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.

	Equipment			20% straight line
	Furniture			20% straight line

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2	Tangible fixed assets					£

	Cost
	Additions					817
	At 31 December 2014					817

	Depreciation
	Charge for the year					163
	At 31 December 2014					163

	Net book value
	At 31 December 2014					654


3	Share capital	Nominal		2014		2014
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		100		100