Abbreviated Company Accounts - DELTA EXECUTIVE SEARCH LIMITED

DELTA EXECUTIVE SEARCH LIMITED - Company Information

Registered Number 04458207

DELTA EXECUTIVE SEARCH LIMITED

Abbreviated Accounts

31 December 2015

DELTA EXECUTIVE SEARCH LIMITED Registered Number 04458207

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	190,561	182,475
Investments	3	1,033,126	1,033,126
		1,223,687	1,215,601
Current assets
Debtors		72,263	110,381
Cash at bank and in hand		116,647	354,645
		188,910	465,026
Creditors: amounts falling due within one year		(136,568)	(551,726)
Net current assets (liabilities)		52,342	(86,700)
Total assets less current liabilities		1,276,029	1,128,901
Creditors: amounts falling due after more than one year		(983,508)	(981,601)
Total net assets (liabilities)		292,521	147,300
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		291,521	146,300
Shareholders' funds		292,521	147,300

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 February 2016

And signed on their behalf by:
G Demopoulos, Director

DELTA EXECUTIVE SEARCH LIMITED Registered Number 04458207

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have
been prepared under the historical cost convention and in accordance with the Financial Reporting
Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied
during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their
expected useful lives on the following bases:
L/Term Leasehold Property - Over the term of the lease
Fixtures & fittings - 25% straight line
Office equipment - 10% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2015	262,668
Additions	20,909
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	283,577
Depreciation
At 1 January 2015	80,193
Charge for the year	12,823
On disposals	-
At 31 December 2015	93,016
Net book values
At 31 December 2015	190,561
At 31 December 2014	182,475

3Fixed assets Investments
FIXED ASSET INVESTMENTS
£
COST OR VALUATION
At 1 January 2015 and 31 December 2015 1,033,126
NET BOOK VALUE
At 31 December 2015 1,033,126
At 31 December 2014 1,033,126