Damsels in Success Cambridge Limited - Period Ending 2015-09-30

Registration number: 07013477

Damsels in Success Cambridge Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2015
 

AIMS Accountants for Business
Mark Ellis FCA
1 Ramsay Court
Kingfisher Way
Huntingdon
Cambridgeshire
PE29 6FY

Damsels in Success Cambridge Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Damsels in Success Cambridge Limited
(Registration number: 07013477)
Abbreviated Balance Sheet at 30 September 2015

		Note			2015 £			2014 £
Current assets
Debtors					1,918			312
Cash at bank and in hand					395			2,640
					2,313			2,952
Creditors: Amounts falling due within one year					(15,232)			(10,550)
Net liabilities					(12,919)			(7,598)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					(12,920)			(7,599)
Shareholders' deficit					(12,919)			(7,598)

For the year ending 30 September 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 director acknowledges her 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 director on 3 March 2016

.........................................
Ms D Barden
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Damsels in Success Cambridge Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The company is dependant on continuing finance being made available by the director to enable it to continue operating and to meet its liabilities as they fall due.

The director has agreed to provide sufficient funds to the company for these purposes and consider it therefore appropriate to prepare the accounts on a going concern basis.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Operating licence	50% straight line

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Damsels in Success Cambridge Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

2	Fixed assets

		Intangible assets £			Total £
Cost
At 1 October 2014		2,000			2,000
At 30 September 2015		2,000			2,000
Depreciation
At 1 October 2014		2,000			2,000
At 30 September 2015		2,000			2,000
Net book value
At 30 September 2015		-			-
At 30 September 2014		-			-

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

4

Control

The company is controlled by Future Prospects Ltd a company owned by the director.

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