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 2014

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 2014

- 1 -

2014

2013

Notes

Fixed assets

Intangible assets

225,000

240,000

Tangible assets

33,542

36,145

258,542

276,145

Current assets

Stocks

242,701

180,056

Debtors

282,444

292,309

Cash at bank and in hand

90,422

45,737

615,567

518,102

Creditors: amounts falling due within one year

(443,936)

(477,634)

Net current assets

171,631

40,468

Total assets less current liabilities

430,173

316,613

Provisions for liabilities

(6,446)

(3,021)

423,727

313,592

Capital and reserves

Called up share capital

Profit and loss account

423,724

313,589

Shareholders' funds

423,727

313,592

DJN UK LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 JUNE 2014

- 2 -

For the financial year ended 30 June 2014 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 29 August 2014

Mr D J North

Director

Company Registration No. 06914824

DJN UK LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

- 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 2014

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 July 2013

300,000

58,934

358,934

Additions

8,000

At 30 June 2014

300,000

66,934

366,934

Depreciation

At 1 July 2013

60,000

22,789

82,789

Charge for the year

15,000

10,603

25,603

At 30 June 2014

75,000

33,392

108,392

Net book value

At 30 June 2014

225,000

33,542

258,542

At 30 June 2013

240,000

36,145

276,145

Share capital

2014

2013

Allotted, called up and fully paid

3 Ordinary of £1 each