Design & Fit-Out Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03962174 (England and Wales)

DESIGN & FIT-OUT LIMITED

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

Page

Company Information

1

to

2

Chartered Certified Accountants' Report

3

Abbreviated Balance Sheet

4

to

5

Notes to the Abbreviated Accounts

6

to

7

DIRECTOR:

N Maynard

SECRETARY:

L J Turner

REGISTERED OFFICE:

Vale Business Centre

9 Abbey Lane Court

Abbey Lane

Evesham

Worcestershire

WR11 4BY

BUSINESS ADDRESS:

38 Linden Close

Prestbury

Cheltenham

Gloucestershire

GL52 3DU

REGISTERED NUMBER:

03962174 (England and Wales)

ACCOUNTANTS:

Haines Watts Worcester Limited

Chartered Certified Accountants

Britannia Court

5 Moor Street

WORCESTER

WR1 3DB

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

four to seven) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Design & Fit-Out Limited for the year ended 31 December 2014 which comprise

the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Design & Fit-Out Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Design & Fit-Out Limited and state those matters that we have agreed to state to the director of Design & Fit-Out Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Design & Fit-Out Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Design & Fit-Out Limited. You consider that Design & Fit-Out Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Design & Fit-Out

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the

statutory financial statements.

Haines Watts Worcester Limited

Chartered Certified Accountants

Britannia Court

5 Moor Street

WORCESTER

WR1 3DB

Date: .............................................

FIXED ASSETS

Tangible assets

2

406

330

CURRENT ASSETS

Stocks

500

5,855

Debtors

3,029

760

Cash at bank

9,475

2,312

13,004

8,927

CREDITORS

Amounts falling due within one year

36,101

20,858

NET CURRENT LIABILITIES

(23,097

)

(11,931

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,691

)

(11,601

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(22,693

)

(11,603

)

SHAREHOLDERS' FUNDS

(22,691

)

(11,601

)

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 director acknowledges his 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 director on 30 October 2015 and were signed by:

N Maynard - 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).

Turnover

Turnover represents net invoiced of services, excluding value added tax. Turnover is recognised when

the service is provided to the customer.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Deferred tax

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

the balance sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Going concern

Despite suffering losses in the past the directors consider that the financial statements should be

prepared on a going concern basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

6,580

Additions

265

At 31 December 2014

6,845

DEPRECIATION

At 1 January 2014

6,250

Charge for year

189

At 31 December 2014

6,439

NET BOOK VALUE

At 31 December 2014

406

At 31 December 2013

330

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

2

Ordinary

1

2

2