Direct Conveyancing UK Limited - Period Ending 2015-09-30

Registration number: 04417814

Direct Conveyancing UK Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2015
 

Stubbs Parkin Limited
Chartered Accountants
55 Hoghton Street
Southport
Merseyside
PR9 0PG

Direct Conveyancing UK Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Direct Conveyancing UK Limited
(Registration number: 04417814)
Abbreviated Balance Sheet at 30 September 2015

		Note			2015 £						2014 £
	£			£			£			£
Fixed assets
Tangible fixed assets								13,024						12,091
Current assets
Debtors					19,035						33,334
Cash at bank and in hand					33,139						13,960
					52,174						47,294
Creditors: Amounts falling due within one year					(47,394)						(59,305)
Net current assets/(liabilities)								4,780						(12,011)
Net assets								17,804						80
Capital and reserves
Called up share capital		3			3						3
Profit and loss account					17,801						77
Shareholders' funds								17,804						80

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 directors acknowledge their 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 Board on 31 May 2016 and signed on its behalf by:

.........................................
Mrs Y M Owen
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Direct Conveyancing UK Limited
(Registration number: 04417814)
Abbreviated Balance Sheet at 30 September 2015
......... continued

.........................................
Mr S B Owen
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Direct Conveyancing UK 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).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

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

Asset class	Depreciation method and rate
Computers & website	20% reducing balance basis
Fixtures & fittings	15% reducing balance basis

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2014		59,672			59,672
Additions		3,831			3,831
At 30 September 2015		63,503			63,503
Depreciation
At 1 October 2014		47,581			47,581
Charge for the year		2,898			2,898
At 30 September 2015		50,479			50,479
Net book value
At 30 September 2015		13,024			13,024
At 30 September 2014		12,091			12,091

Page 3

Direct Conveyancing UK Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		3			3			3			3

Page 4