DGM (Broadway) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05618562 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH APRIL 2014

FOR

DGM (BROADWAY) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D A Owen

SECRETARY:

D A Butler

REGISTERED OFFICE:

3rd Floor Vantage House

6-7 Claydons Lane

Rayleigh

Essex

SS6 7UP

REGISTERED NUMBER:

05618562 (England and Wales)

FIXED ASSETS

Investment property

2

1,130,631

1,130,631

CURRENT ASSETS

Debtors

1

1

Cash at bank

3,150

2,833

3,151

2,834

CREDITORS

Amounts falling due within one year

(1,038,011

)

(720,773

)

NET CURRENT LIABILITIES

(1,034,860

)

(717,939

)

TOTAL ASSETS LESS CURRENT LIABILITIES

95,771

412,692

CREDITORS

Amounts falling due after more than one year

-

(339,074

)

NET ASSETS

95,771

73,618

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

95,770

73,617

SHAREHOLDERS' FUNDS

95,771

73,618

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 7th August 2014 and were signed by:

D A Owen - 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 income received from the sale of development properties.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

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

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1st May 2013

and 30th April 2014

1,130,631

NET BOOK VALUE

At 30th April 2014

1,130,631

At 30th April 2013

1,130,631

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

4.	ULTIMATE PARENT COMPANY

SJO Enterprises Limited is regarded by the director as being the company's ultimate parent company.