| DV Optical Ltd |
| Registered number: |
05874248 |
| Abbreviated Balance Sheet |
| as at 27 July 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
15,000 |
|
|
20,000 |
| Tangible assets |
3 |
|
|
6,424 |
|
|
7,203 |
|
|
|
|
21,424 |
|
|
27,203 |
|
| Current assets |
| Stocks |
|
|
13,330 |
|
|
13,215 |
| Debtors |
|
|
9,385 |
|
|
7,391 |
| Cash at bank and in hand |
|
|
29,301 |
|
|
24,428 |
|
|
|
52,016 |
|
|
45,034 |
|
| Creditors: amounts falling due within one year |
|
|
(41,948) |
|
|
(25,568) |
|
| Net current assets |
|
|
|
10,068 |
|
|
19,466 |
|
| Total assets less current liabilities |
|
|
|
31,492 |
|
|
46,669 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
|
(32,314) |
|
|
|
| Net assets |
|
|
|
31,492 |
|
|
14,355 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
31,488 |
|
|
14,351 |
|
| Shareholders' funds |
|
|
|
31,492 |
|
|
14,355 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| S V Dando |
| Director |
| Approved by the board on 29 April 2016 |
|
| DV Optical Ltd |
| Notes to the Abbreviated Accounts |
| for the period ended 27 July 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 29 July 2014 |
50,000 |
|
At 27 July 2015 |
50,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 29 July 2014 |
30,000 |
|
Provided during the period |
5,000 |
|
At 27 July 2015 |
35,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 27 July 2015 |
15,000 |
|
At 28 July 2014 |
20,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 29 July 2014 |
35,411 |
|
Additions |
1,363 |
|
At 27 July 2015 |
36,774 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 29 July 2014 |
28,208 |
|
Charge for the period |
2,142 |
|
At 27 July 2015 |
30,350 |
|
|
|
|
|
|
|
|
Net book value |
|
At 27 July 2015 |
6,424 |
|
At 28 July 2014 |
7,203 |
|
|
|
|
|
|
|
|
| 4 |
Loans |
2015 |
|
2014 |
| £ |
£ |
|
Creditors include: |
|
Secured bank loans |
9,914 |
|
34,734 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
4 |
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
