Abbreviated Company Accounts - DIVINE LEISURE LTD

DIVINE LEISURE LTD - Company Information

03914731 DIVINE LEISURE LTD 2015-03-31 false 2014-04-01 2015-03-31 true 03914731 2014-04-01 2015-03-31 03914731 2015-03-31 03914731 2014-03-31 03914731 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 03914731 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 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 03914731

DIVINE LEISURE LTD

Abbreviated Accounts

31 March 2015

DIVINE LEISURE LTD Registered Number 03914731

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	491,231	491,231
		491,231	491,231
Current assets
Debtors		949,836	944,760
Cash at bank and in hand		46,775	36,786
		996,611	981,546
Creditors: amounts falling due within one year		(1,225,766)	(1,227,632)
Net current assets (liabilities)		(229,155)	(246,086)
Total assets less current liabilities		262,076	245,145
Total net assets (liabilities)		262,076	245,145
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		261,976	245,045
Shareholders' funds		262,076	245,145

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:
DANIEL FLUSS, Director

DIVINE LEISURE LTD Registered Number 03914731

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
No depreciation is provided for in respect of the company's freehold property.

Other accounting policies
Investment properties

The company's investment property is included in the Balance Sheet at historical cost. This is not in accordance with the requirements of Statement of Standard Accounting Practice No 19 which requires such properties to be stated at their open market value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 April 2014	491,231
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	491,231
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	491,231
At 31 March 2014	491,231

All fixed assets are initially recorded at cost.

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100