Design By White Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07767416

Abbreviated Unaudited Accounts

for the Year Ended 30th September 2015

for

Design By White Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs P Patten

REGISTERED OFFICE:

2 Scout Lane

Clapham

London

SW4 0LA

REGISTERED NUMBER:

07767416

ACCOUNTANTS:

Pigram & Co

2 Burgess Cottages

Pound Hill

Little Dunmow

Essex

CM6 3HW

FIXED ASSETS

Intangible assets

2

193,375

225,604

Tangible assets

3

3,216

4,288

196,591

229,892

CURRENT ASSETS

Debtors

23,601

34,933

Cash at bank and in hand

59,083

76,784

82,684

111,717

CREDITORS

Amounts falling due within one year

311,248

307,260

NET CURRENT LIABILITIES

(228,564

)

(195,543

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(31,973

)

34,349

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(32,073

)

34,249

SHAREHOLDERS' FUNDS

(31,973

)

34,349

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

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

The director acknowledges her 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 22nd January 2016 and were signed by:

Mrs P Patten - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

25% on reducing balance

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2014

and 30th September 2015

322,292

AMORTISATION

At 1st October 2014

96,688

Amortisation for year

32,229

At 30th September 2015

128,917

NET BOOK VALUE

At 30th September 2015

193,375

At 30th September 2014

225,604

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2014

and 30th September 2015

9,831

DEPRECIATION

At 1st October 2014

5,543

Charge for year

1,072

At 30th September 2015

6,615

NET BOOK VALUE

At 30th September 2015

3,216

At 30th September 2014

4,288

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/15

30/9/14

value:

£

£

100

Ordinary

£1

100

100