Abbreviated Company Accounts - DANNOW LTD.

SC265683 DANNOW LTD. 2015-03-31 false 2014-04-01 2015-03-31 true SC265683 2014-04-01 2015-03-31 SC265683 2015-03-31 SC265683 2014-03-31 SC265683 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 SC265683 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number SC265683

DANNOW LTD.

Abbreviated Accounts

31 March 2015

DANNOW LTD. Registered Number SC265683

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	631	843
		631	843
Current assets
Debtors		15,792	25,207
Cash at bank and in hand		1,619	2,923
		17,411	28,130
Creditors: amounts falling due within one year		(17,889)	(28,734)
Net current assets (liabilities)		(478)	(604)
Total assets less current liabilities		153	239
Total net assets (liabilities)		153	239
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		151	237
Shareholders' funds		153	239

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 December 2015

And signed on their behalf by:
C Edmond, Director

DANNOW LTD. Registered Number SC265683

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities. Any unbilled commission at the year end is accrued in full and disclosed as debtors.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% Reducing Balance

Other accounting policies
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2014	4,514
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	4,514
Depreciation
At 1 April 2014	3,671
Charge for the year	212
On disposals	-
At 31 March 2015	3,883
Net book values
At 31 March 2015	631
At 31 March 2014	843

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	Mr C Edmond
Description of the transaction:	Loan Interest Charged at 4%
Balance at 1 April 2014:	£ 0
Advances or credits made:	£ 9,958
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 9,958

The loan was repaid on 31 December 2015.