Dynamic Lives Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04459284 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Dynamic Lives Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G Burdon

REGISTERED OFFICE:

98 Grange Road

West Kirby

Wirral

Cheshire

CH48 4EH

REGISTERED NUMBER:

04459284 (England and Wales)

ACCOUNTANTS:

Eggleston Wiley LLP

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Tangible assets

2

6,266

9,160

CURRENT ASSETS

Debtors

148,695

420,435

Prepayments and accrued income

361,691

-

Cash at bank and in hand

115,388

65,824

625,774

486,259

CREDITORS

Amounts falling due within one year

612,594

493,700

NET CURRENT ASSETS/(LIABILITIES)

13,180

(7,441

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,446

1,719

PROVISIONS FOR LIABILITIES

1,115

1,664

NET ASSETS

18,331

55

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

18,321

45

SHAREHOLDERS' FUNDS

18,331

55

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 15 September 2015 and were signed by:

G Burdon - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net amounts invoiced for holidays with a departure date in the year, not including value

added tax.

Tangible fixed assets

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

Plant and machinery

-

Straight line over 4 years

Fixtures and fittings

-

Straight line over 4 years

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

43,876

Additions

1,624

At 30 April 2015

45,500

DEPRECIATION

At 1 May 2014

34,716

Charge for year

4,518

At 30 April 2015

39,234

NET BOOK VALUE

At 30 April 2015

6,266

At 30 April 2014

9,160

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end G Burdon has a credit balance of £133 (2014: £557) on his director's loan account. The loan is

interest free and repayable on demand.