Abbreviated Company Accounts - DYNAMIC PROCESS SIMULATION LIMITED

DYNAMIC PROCESS SIMULATION LIMITED - Company Information

04086058 DYNAMIC PROCESS SIMULATION LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04086058 2014-04-01 2015-03-31 04086058 2015-03-31 04086058 2014-03-31 04086058 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04086058 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 04086058

DYNAMIC PROCESS SIMULATION LIMITED

Abbreviated Accounts

31 March 2015

DYNAMIC PROCESS SIMULATION LIMITED Registered Number 04086058

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	3	3
Investments		-	-
		3	3
Current assets
Stocks		463	-
Debtors		510,037	555,502
Investments		-	-
Cash at bank and in hand		1,543	17,650
		512,043	573,152
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(42,768)	(164,629)
Net current assets (liabilities)		469,275	408,523
Total assets less current liabilities		469,278	408,526
Creditors: amounts falling due after more than one year		(18,352)	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		450,926	408,526
Capital and reserves
Called up share capital	3	100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		450,826	408,426
Shareholders' funds		450,926	408,526

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 23 December 2015

And signed on their behalf by:
Peter Monahan, Director

DYNAMIC PROCESS SIMULATION LIMITED Registered Number 04086058

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 net invoiced sales of goods, excluding value added tax

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

Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Other accounting policies
Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 April 2014	8,364
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2015	8,364
Depreciation
At 1 April 2014	8,361
Charge for the year	0
On disposals	0
At 31 March 2015	8,361
Net book values
At 31 March 2015	3
At 31 March 2014	3

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

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

4Transactions with directors

Name of director receiving advance or credit:	Peter Monahan
Description of the transaction:	Directors' loan account
Balance at 1 April 2014:	£ 165,061
Advances or credits made:	£ 154,806
Advances or credits repaid:	£ 160,715
Balance at 31 March 2015:	£ 159,152