DD Exhibitions Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06866718 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

DD EXHIBITIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D A Wilde

S Diggins

REGISTERED OFFICE:

Unit 1 Hudcar Mills

Porritt Street

Bury

Lancashire

BL9 6HJ

REGISTERED NUMBER:

06866718 (England and Wales)

ACCOUNTANTS:

McLintocks Limited

Chartered Accountants

46 Hamilton Square

Birkenhead

Merseyside

CH41 5AR

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

62,188

22,317

62,188

22,317

CURRENT ASSETS

Stocks

25,000

1,500

Debtors

308,752

172,159

Cash at bank and in hand

21,662

33,497

355,414

207,156

CREDITORS

Amounts falling due within one year

4

364,781

183,398

NET CURRENT (LIABILITIES)/ASSETS

(9,367

)

23,758

TOTAL ASSETS LESS CURRENT LIABILITIES

52,821

46,075

CREDITORS

Amounts falling due after more than one year

4

(26,506

)

-

PROVISIONS FOR LIABILITIES

(12,437

)

(3,942

)

NET ASSETS

13,878

42,133

CAPITAL AND RESERVES

Called up share capital

5

90

90

Profit and loss account

13,788

42,043

SHAREHOLDERS' FUNDS

13,878

42,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 3 October 2014 and were signed on its behalf by:

D A Wilde - 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 the value of goods supplied and services provided during the year, exclusive

of Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 20% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance

sheet. Those held under hire purchase contracts are depreciated over their estimated useful

lives. Those held under finance leases are depreciated over their estimated useful lives or the

lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the

relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

1,228

AMORTISATION

At 1 April 2013

and 31 March 2014

1,228

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

70,942

Additions

55,164

Disposals

(12,000

)

At 31 March 2014

114,106

DEPRECIATION

At 1 April 2013

48,625

Charge for year

11,653

Eliminated on disposal

(8,360

)

At 31 March 2014

51,918

NET BOOK VALUE

At 31 March 2014

62,188

At 31 March 2013

22,317

4.

CREDITORS

Creditors include an amount of £ 49,727 for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

90

Ordinary

£1

90

90