Abbreviated Company Accounts - DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED - Company Information

Registered Number 04331334

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED

Abbreviated Accounts

5 April 2016

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED Registered Number 04331334

Abbreviated Balance Sheet as at 5 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,218	3,033
		2,218	3,033
Current assets
Stocks		119,999	95,001
Debtors		6,280	4,000
Cash at bank and in hand		10,304	16,317
		136,583	115,318
Creditors: amounts falling due within one year		(135,005)	(136,696)
Net current assets (liabilities)		1,578	(21,378)
Total assets less current liabilities		3,796	(18,345)
Creditors: amounts falling due after more than one year		(20,000)	-
Accruals and deferred income		(800)	(800)
Total net assets (liabilities)		(17,004)	(19,145)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(17,104)	(19,245)
Shareholders' funds		(17,004)	(19,145)

For the year ending 5 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.

Approved by the Board on 30 December 2016

And signed on their behalf by:
AM Cooney, Director

DEVELOPMENT CONSULTANTS INTERNATIONAL LIMITED Registered Number 04331334

Notes to the Abbreviated Accounts for the period ended 5 April 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 April 2015.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant & Machinery 20% reducing balance
Computer Equipment 33% reducing balance
Fixtures & Fittings 33% reducing balance

2Tangible fixed assets

	£
Cost
At 6 April 2015	55,579
Additions	186
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2016	55,765
Depreciation
At 6 April 2015	52,546
Charge for the year	1,001
On disposals	-
At 5 April 2016	53,547
Net book values
At 5 April 2016	2,218
At 5 April 2015	3,033