Dig This Nursery Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06233354 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st May 2015

for

Dig This Nursery Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Herczeg

J. F. Fazekas

T Herczeg

SECRETARY:

Magna Secretaries Ltd

REGISTERED OFFICE:

3 London Wall Buildings

London

EC2M 5PD

REGISTERED NUMBER:

06233354 (England and Wales)

ACCOUNTANTS:

Born & Co.

Chartered Accountants

3 London Wall Buildings

London

EC2M 5PD

FIXED ASSETS

Tangible assets

2

70

70

CURRENT ASSETS

Stocks

-

14,000

Debtors

40,622

130

Cash at bank

-

901

40,622

15,031

CREDITORS

Amounts falling due within one year

4,230

13,662

NET CURRENT ASSETS

36,392

1,369

TOTAL ASSETS LESS CURRENT LIABILITIES

36,462

1,439

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

36,362

1,339

SHAREHOLDERS' FUNDS

36,462

1,439

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2015.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 29th February 2016 and were signed on its behalf by:

M Herczeg - 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 invoiced sales of goods, excluding 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2014

and 31st May 2015

816

DEPRECIATION

At 1st June 2014

and 31st May 2015

746

NET BOOK VALUE

At 31st May 2015

70

At 31st May 2014

70

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary share

1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st May 2015 and 31st May 2014:

2015

2014

£

£

M Herczeg and J. F. Fazekas

Balance outstanding at start of year

(10,797

)

(9,237

)

Amounts advanced

-

91,208

Amounts repaid

-

(92,768

)

Balance outstanding at end of year

-

(10,797

)