DM Trad UK Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07383215 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2015

FOR

DM TRAD UK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

Mrs D V Mills

D J Mills

REGISTERED OFFICE:

4 Earls Road

Tunbridge Wells

Kent

TN4 8EA

REGISTERED NUMBER:

07383215 (England and Wales)

ACCOUNTANTS:

Insight Strategic Associates

Chartered Certified Accountants

10 Towerfield Road

Shoeburyness

Essex

SS3 9QE

FIXED ASSETS

Tangible assets

2

1,595

3,030

CURRENT ASSETS

Debtors

14,074

176,324

Cash at bank

86

161

14,160

176,485

CREDITORS

Amounts falling due within one year

(10,521

)

(48,261

)

NET CURRENT ASSETS

3,639

128,224

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,234

131,254

PROVISIONS FOR LIABILITIES

-

(125,000

)

NET ASSETS

5,234

6,254

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

5,232

6,252

SHAREHOLDERS' FUNDS

5,234

6,254

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 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 29th June 2016 and were
signed on its behalf by:

D J Mills - 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 services, excluding value added tax.

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

-

33% on cost

Computer equipment

-

33% 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.

Employee benefit trust

The Company has created a trust whose beneficiaries will include employees of the company

and their dependents. Assets held under this trust will be controlled by the Trustees who will

be acting independently and entirely at their own discretion.

Where assets are held in the trust and these are considered by the company to be in respect of

services already provided by employees to the company, the company will account for these

as assets of the trust when payment is made to the trust. The value transferred will be charged

in the company's profit and loss account for the year to which it relates.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2014

6,177

Additions

279

At 30th September 2015

6,456

DEPRECIATION

At 1st October 2014

3,147

Charge for year

1,714

At 30th September 2015

4,861

NET BOOK VALUE

At 30th September 2015

1,595

At 30th September 2014

3,030

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended

30th September 2015 and 30th September 2014:

2015

2014

£

Mrs D V Mills and D J Mills

Balance outstanding at start of year

162,249

56,297

Amounts advanced

193,006

159,769

Amounts repaid

(355,255

)

(53,817

)

Balance outstanding at end of year

-

162,249

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.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30th September 2015 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Insight Strategic Associates

Chartered Certified Accountants

10 Towerfield Road

Shoeburyness

Essex

SS3 9QE

29th June 2016