DJN_UK_LTD - Accounts

DJN UK LTD - Company Information

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Company Registration No. 06914824 (England and Wales)

DJN UK LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

DJN UK LTD

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

DJN UK LTD

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

210,000

225,000

Tangible assets

24,960

33,542

234,960

258,542

Current assets

Stocks

230,090

242,701

Debtors

291,344

282,444

Cash at bank and in hand

69,117

90,422

590,551

615,567

Creditors: amounts falling due within one year

(328,393)

(443,936)

Net current assets

262,158

171,631

Total assets less current liabilities

497,118

430,173

Provisions for liabilities

(4,777)

(6,446)

492,341

423,727

Capital and reserves

Called up share capital

Profit and loss account

492,338

423,724

Shareholders' funds

492,341

423,727

DJN UK LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 JUNE 2015

- 2 -

For the financial year ended 30 June 2015 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 22 October 2015

Mr D J North

Director

Company Registration No. 06914824

DJN UK LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

- 3 -

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).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

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:

Plant and machinery

25% reducing balance

Fixtures, fittings & equipment

25% reducing balance

Motor vehicles

25% reducing balance

1.6

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

DJN UK LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2015

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 July 2014

300,000

66,934

366,934

Disposals

(615)

At 30 June 2015

300,000

66,319

366,319

Depreciation

At 1 July 2014

75,000

33,392

108,392

On disposals

(355)

Charge for the year

15,000

8,322

23,322

At 30 June 2015

90,000

41,359

131,359

Net book value

At 30 June 2015

210,000

24,960

234,960

At 30 June 2014

225,000

33,542

258,542

Share capital

2015

2014

Allotted, called up and fully paid

3 Ordinary of £1 each