DDI Products Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06189168 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

DDI Products Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

V Angel

REGISTERED OFFICE:

13 Lower Swaines

Epping

Epping

CM16 5ER

REGISTERED NUMBER:

06189168 (England and Wales)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

Mae House

96 George Lane

South Woodford

London

E18 1AD

FIXED ASSETS

Tangible assets

2

3,354

4,472

CURRENT ASSETS

Debtors

53

49

Cash at bank and in hand

5,284

816

5,337

865

CREDITORS

Amounts falling due within one year

6,288

2,771

NET CURRENT LIABILITIES

(951

)

(1,906

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,403

2,566

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,303

2,466

SHAREHOLDERS' FUNDS

2,403

2,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 December 2016 and were signed by:

V Angel - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Computer equipment

-

25% on reducing balance

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

At 1 April 2015

and 31 March 2016

10,876

DEPRECIATION

At 1 April 2015

6,404

Charge for year

1,118

At 31 March 2016

7,522

NET BOOK VALUE

At 31 March 2016

3,354

At 31 March 2015

4,472

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

Ordinary Shares

£1

100

100