DAMAS Investments Limited - Abbreviated accounts 16.1

DAMAS Investments Limited - Abbreviated accounts 16.1


09352087 12.12.14 31.12.15 31.12.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093520872014-12-11093520872015-12-31093520872014-12-122015-12-31093520872014-12-1109352087ns12:England2014-12-122015-12-3109352087ns14:PoundSterling2014-12-122015-12-3109352087ns7:Director12014-12-122015-12-3109352087ns7:Director22014-12-122015-12-3109352087ns7:OrdinaryShareClass12014-12-122015-12-3109352087ns7:CompanySecretary2014-12-122015-12-3109352087ns7:RegisteredOffice2014-12-122015-12-3109352087ns7:EntityAccountantsOrAuditors2014-12-122015-12-3109352087ns5:LandBuildingsns5:OwnedOrFreeholdTangibleFixedAssets2014-12-122015-12-3109352087ns7:OrdinaryShareClass12015-12-31
REGISTERED NUMBER: 09352087 (England and Wales)












Abbreviated Unaudited Accounts

for the Period

12 December 2014 to 31 December 2015

for

DAMAS Investments Limited

DAMAS Investments Limited (Registered number: 09352087)






Contents of the Abbreviated Accounts
for the Period 12 December 2014 to 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

DAMAS Investments Limited

Company Information
for the Period 12 December 2014 to 31 December 2015







DIRECTORS: A M Desai
Mrs M A Desai





SECRETARY: A M Desai





REGISTERED OFFICE: Redland House
157 Redland Road
Redland
Bristol
BS6 6YE





REGISTERED NUMBER: 09352087 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Redland House
157 Redland Road
Redland
Bristol
BS6 6YE

DAMAS Investments Limited (Registered number: 09352087)

Abbreviated Balance Sheet
31 December 2015

Notes £    £   
FIXED ASSETS
Tangible assets 2 590,212

CURRENT ASSETS
Debtors 72
Cash at bank 8,394
8,466
CREDITORS
Amounts falling due within one year 365,161
NET CURRENT LIABILITIES (356,695 )
TOTAL ASSETS LESS CURRENT LIABILITIES 233,517

CREDITORS
Amounts falling due after more than one year 3 224,946
NET ASSETS 8,571

CAPITAL AND RESERVES
Called up share capital 4 100
Profit and loss account 8,471
SHAREHOLDERS' FUNDS 8,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 8 September 2016 and were signed on its behalf by:




A M Desai - Director



Mrs M A Desai - Director


DAMAS Investments Limited (Registered number: 09352087)

Notes to the Abbreviated Accounts
for the Period 12 December 2014 to 31 December 2015

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 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.

Freehold property - not provided

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
Additions 590,212
At 31 December 2015 590,212
NET BOOK VALUE
At 31 December 2015 590,212

3. CREDITORS

Creditors include the following debts falling due in more than five years:

£   
Repayable by instalments 174,838

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100