Dragon Design & Packaging Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03859711 (England and Wales)

Dragon Design & Packaging Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs L E Winson

SECRETARY:

Mrs C Pickering

REGISTERED OFFICE:

Cefn-Y-Coed

Llanbedr-Y-Cennin

Conwy

LL32 8UN

REGISTERED NUMBER:

03859711 (England and Wales)

ACCOUNTANTS:

Gardners Accountants Limited

Chartered Accountants

Brynford House

21 Brynford Street

Holywell

Flintshire

CH8 7RD

FIXED ASSETS

Tangible assets

2

417

491

CURRENT ASSETS

Stocks

4,000

2,050

Debtors

1,776

8,300

Cash at bank

6,339

10,296

12,115

20,646

CREDITORS

Amounts falling due within one year

12,144

20,637

NET CURRENT (LIABILITIES)/ASSETS

(29

)

9

TOTAL ASSETS LESS CURRENT LIABILITIES

388

500

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

387

499

SHAREHOLDERS' FUNDS

388

500

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 her 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 16 March 2016 and were signed by:

Mrs L E Winson - 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 goods, 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.

Plant and machinery etc

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

1,953

DEPRECIATION

At 1 November 2014

1,462

Charge for year

74

At 31 October 2015

1,536

NET BOOK VALUE

At 31 October 2015

417

At 31 October 2014

491

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1