The District Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04867212 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2015

for

The District Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTORS:

A Shooter

M J Bagnall

SECRETARY:

A Shooter

REGISTERED OFFICE:

The Gatehouse

23-25 Gywdir Street

Cambridge

CB1 2LG

REGISTERED NUMBER:

04867212 (England and Wales)

ACCOUNTANTS:

More Than Accounts

21 Menta Business Centre

5 Eastern Way

Bury St Edmunds

Suffolk

IP32 7AB

FIXED ASSETS

Tangible assets

2

2,909

4,198

CURRENT ASSETS

Stocks

4,810

3,000

Debtors

145,852

96,773

Cash at bank

141,399

111,220

292,061

210,993

CREDITORS

Amounts falling due within one year

105,567

87,385

NET CURRENT ASSETS

186,494

123,608

TOTAL ASSETS LESS CURRENT LIABILITIES

189,403

127,806

PROVISIONS FOR LIABILITIES

593

753

NET ASSETS

188,810

127,053

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

188,808

127,051

SHAREHOLDERS' FUNDS

188,810

127,053

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 15 February 2016 and were signed on its behalf by:

A Shooter - Director

M J Bagnall - 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, except in respect

of service contracts where turnover is recognised when the company obtains the right to

consideration.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

16,461

Additions

229

Disposals

(10,039

)

At 31 August 2015

6,651

DEPRECIATION

At 1 September 2014

12,263

Charge for year

1,107

Eliminated on disposal

(9,628

)

At 31 August 2015

3,742

NET BOOK VALUE

At 31 August 2015

2,909

At 31 August 2014

4,198

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

£

2

Ordinary

1

2

2

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of The District Limited for the year ended 31 August 2015 which

comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of The District Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The District Limited and state those matters that we have agreed to state to the Board of Directors of The District Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The District Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The District Limited. You consider that The District Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The

District Limited. For this reason, we have not verified the accuracy or completeness of the

accounting records or information and explanations you have given to us and we do not, therefore,

express any opinion on the statutory financial statements.

More Than Accounts

21 Menta Business Centre

5 Eastern Way

Bury St Edmunds

Suffolk

IP32 7AB

Date: .............................................