D & F Polishing Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04576221

Abbreviated Accounts

for the Year Ended 31 October 2015

for

D & F POLISHING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr G Dingle

SECRETARY:

Mrs V Rimell

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

04576221

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

1,038

1,454

1,038

1,454

CURRENT ASSETS

Debtors

12,396

11,106

Cash at bank

25,230

6,258

37,626

17,364

CREDITORS

Amounts falling due within one year

36,984

17,789

NET CURRENT ASSETS/(LIABILITIES)

642

(425

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,680

1,029

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

1,580

929

SHAREHOLDERS' FUNDS

1,680

1,029

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

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

The director acknowledges his 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 6 May 2016 and were signed by:

Mr G Dingle - 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 gross invoiced sales, as the company operated under the HMRC VAT

Flat Rate Scheme at 9.5% for the whole of the financial year.

Tangible fixed assets

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

Short leasehold

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

3,500

AMORTISATION

At 1 November 2014

and 31 October 2015

3,500

NET BOOK VALUE

At 31 October 2015

-

At 31 October 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

24,769

DEPRECIATION

At 1 November 2014

23,315

Charge for year

416

At 31 October 2015

23,731

NET BOOK VALUE

At 31 October 2015

1,038

At 31 October 2014

1,454

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

50

A Class Ordinary

£1

50

50

50

B Class Ordinary

£1

50

50

100

100

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £39,390 (2014 - £15,000) were paid to the director .