Abbreviated Company Accounts - DIVIDO FINANCIAL SERVICES LIMITED
Abbreviated Company Accounts - DIVIDO FINANCIAL SERVICES LIMITED
Registered Number 09259397
DIVIDO FINANCIAL SERVICES LIMITED
Abbreviated Accounts
31 October 2015
DIVIDO FINANCIAL SERVICES LIMITED Registered Number 09259397
Abbreviated Balance Sheet as at 31 October 2015
Notes | 2015 | ||
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£ | |||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Share premium account |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 October 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
And signed on their behalf by:
DIVIDO FINANCIAL SERVICES LIMITED Registered Number 09259397
Notes to the Abbreviated Accounts for the period ended 31 October 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
period, exclusive of Value Added Tax.
Tangible assets depreciation policy
over the useful economic life of that asset as follows:
Fixtures & Fittings - 33% Straight Line
Equipment - 33% Straight Line
Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with the
following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value
adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into
replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement
to dispose of the assets concerned. However, no provision is made where, on the basis of all
available evidence at the balance sheet date, it is more likely than not that the taxable gain will
be rolled over into replacement assets and charged to tax only where the replacement assets are
sold;
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on a an undiscounted basis at the tax rates that are expected to apply in
the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.
£ | |
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Cost | |
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 October 2015 |
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Depreciation | |
Charge for the year |
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On disposals |
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At 31 October 2015 |
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Net book values | |
At 31 October 2015 | 14,024 |