Abbreviated Company Accounts - DDP AUTO LTD

Abbreviated Company Accounts - DDP AUTO LTD

AMESPLAN LTD - Company Information

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Registered Number 08427781

DDP AUTO LTD

Abbreviated Accounts

30 April 2015

DDP AUTO LTD Registered Number 08427781

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 290,003 289,417
290,003 289,417
Current assets
Stocks 7,890 7,650
Debtors 3,273 212
Cash at bank and in hand 370,611 121,999
381,774 129,861
Creditors: amounts falling due within one year 3 (330,501) (206,448)
Net current assets (liabilities) 51,273 (76,587)
Total assets less current liabilities 341,276 212,830
Creditors: amounts falling due after more than one year 3 (151,800) (164,842)
Total net assets (liabilities) 189,476 47,988
Capital and reserves
Called up share capital 4 3 3
Profit and loss account 189,473 47,985
Shareholders' funds 189,476 47,988
  • For the year ending 30 April 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 27 January 2016

And signed on their behalf by:
Priyam Patel, Director

DDP AUTO LTD Registered Number 08427781

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

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).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
No depreciation is provided in respect of freehold land.

Land and buildings Leasehold - Over the term of the lease
Fixtures, fittings & equipment - 25% Reducing balance basis

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

2Tangible fixed assets
£
Cost
At 1 May 2014 289,612
Additions 1,341
Disposals -
Revaluations -
Transfers -
At 30 April 2015 290,953
Depreciation
At 1 May 2014 195
Charge for the year 755
On disposals -
At 30 April 2015 950
Net book values
At 30 April 2015 290,003
At 30 April 2014 289,417
3Creditors
2015
£		 2014
£
Instalment debts due after 5 years 158,321 164,842
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£		 2014
£
3 Ordinary shares of £1 each 3 3

Control
No party controls the company.