Accounts filed on 30-04-2016

Accounts filed on 30-04-2016

DAVE ORME LIMITED - Company Information

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DAVE ORME LIMITED

Company Registration Number:
04400510 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 May 2015

End date: 30 April 2016

DAVE ORME LIMITED

Abbreviated Balance sheet

As at 30 April 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 6,400 7,995
Total fixed assets: 6,400 7,995
Current assets
Debtors: 3 9,653 4,410
Cash at bank and in hand: 4,212 9,692
Total current assets: 13,865 14,102
Creditors: amounts falling due within one year: 4 ( 10,889 ) ( 13,625 )
Net current assets (liabilities): 2,976 477
Total assets less current liabilities: 9,376 8,472
Total net assets (liabilities): 9,376 8,472

The notes form part of these financial statements

DAVE ORME LIMITED

Balance sheet continued

As at 30 April 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 5 2 2
Profit and loss account: 9,374 8,470
Shareholders funds: 9,376 8,472

For the year ending 30 April 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 30 October 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Nicola F Orme
Status: Director

The notes form part of these financial statements

DAVE ORME LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entitites (effective 2008) under the historical cost convention.

    Turnover policy

    Turnover represents the invoiced value of goods and services provided net of VAT.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off the cost of fixed assets less their estimated residual value over their expected useful lives. Plant and Machinery - 20% reducing balance; Motor Vehicles - 20% reducing balance.

DAVE ORME LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 2. Tangible assets

    Total
    Cost £
    01 May 2015: 31,239
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    30 April 2016: 31,239
    Depreciation
    01 May 2015: 23,244
    Charge for year: 1,595
    On disposals: 0
    Other adjustments: 0
    30 April 2016: 24,839
    Net book value
    30 April 2016: 6,400
    30 April 2015: 7,995

DAVE ORME LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 3. Debtors


    2016
    £
    2015
    £
    Trade debtors: 9,190 3,940
    Prepayments and accrued income: 463 470
    Total: 9,653 4,410

DAVE ORME LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Trade creditors: 3,759 5,482
    Taxation and social security: 3,008 5,641
    Accruals and deferred income: 1,500 1,500
    Other creditors: 2,622 1,002
    Total: 10,889 13,625

DAVE ORME LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2

DAVE ORME LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 April 2016

  • 6. Related party disclosures

    Additional information

    The company is controlled jointly by D.P.Orme and Mrs N.F.Orme whom at the balance sheet date each own 50% of the issued ordinary share capital. Loans by the directors outstanding at the balance sheet date amounted to £2,622 (2015 £1,002).