Abbreviated Company Accounts - DRIVEWALK LIMITED

04122197 DRIVEWALK LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04122197 2015-04-01 2016-03-31 04122197 2016-03-31 04122197 2015-03-31 04122197 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04122197 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04122197

DRIVEWALK LIMITED

Abbreviated Accounts

31 March 2016

DRIVEWALK LIMITED Registered Number 04122197

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		593,823	147,781
Debtors	2	708	64,048
Cash at bank and in hand		172,251	334,973
		766,782	546,802
Creditors: amounts falling due within one year		(492,753)	(277,224)
Net current assets (liabilities)		274,029	269,578
Total assets less current liabilities		274,029	269,578
Total net assets (liabilities)		274,029	269,578
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		274,027	269,576
Shareholders' funds		274,029	269,578

For the year ending 31 March 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.

Approved by the Board on 15 December 2016

And signed on their behalf by:
R J Pakeman, Director

DRIVEWALK LIMITED Registered Number 04122197

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts 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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Other accounting policies
Stocks
Land and property held for development and work in progress are valued at the lower of cost and net realisable value. Work in progress includes the cost of materials, direct labour and construction overheads appropriate to the relevant stage of construction less deposits received.

2Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	0	63,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2