Dransfield Owens Design Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03624910 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Dransfield Owens Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J P Dransfield

Ms G R Owens

SECRETARY:

Ms G R Owens

REGISTERED OFFICE:

Pyramid Building Jubilee Yard

31 Queen Elizabeth Street

London

SE1 2LP

REGISTERED NUMBER:

03624910 (England and Wales)

ACCOUNTANTS:

Elan & Co LLP

Unit 3 Cedar Court

1 Royal Oak Yard

London

SE1 3GA

FIXED ASSETS

Tangible assets

2

86,010

91,083

CURRENT ASSETS

Debtors

137,200

88,204

CREDITORS

Amounts falling due within one year

128,891

127,749

NET CURRENT ASSETS/(LIABILITIES)

8,309

(39,545

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

94,319

51,538

PROVISIONS FOR LIABILITIES

4,961

NET ASSETS

89,358

46,577

CAPITAL AND RESERVES

Called up share capital

3

300

Profit and loss account

89,058

46,277

SHAREHOLDERS' FUNDS

89,358

46,577

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 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 29 July 2016 and were signed on its behalf by:

J P Dransfield - 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 January 2015).

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

-

33% on cost and 20% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

148,362

Additions

4,147

At 31 October 2015

152,509

DEPRECIATION

At 1 November 2014

57,279

Charge for year

9,220

At 31 October 2015

66,499

NET BOOK VALUE

At 31 October 2015

86,010

At 31 October 2014

91,083

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

300

Ordinary shares

1

300