DALBERG_GLOBAL_DEVELOPMEN - Accounts

DALBERG GLOBAL DEVELOPMENT ADVISORS LIMITED - Company Information

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Company Registration No. 08919471 (England and Wales)

DALBERG GLOBAL DEVELOPMENT ADVISORS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE NINE MONTHS ENDED 31 DECEMBER 2015

DALBERG GLOBAL DEVELOPMENT ADVISORS LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

DALBERG GLOBAL DEVELOPMENT ADVISORS LTD

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

Notes

Fixed assets

Tangible assets

6,186

3,824

Current assets

Debtors

1,031,999

278,494

Cash at bank and in hand

387,429

39,337

1,419,428

317,831

Creditors: amounts falling due within one year

(1,324,117)

(391,093)

Net current assets/(liabilities)

95,311

(73,262)

Total assets less current liabilities

101,497

(69,438)

Capital and reserves

Called up share capital

1,000

Profit and loss account

100,497

(70,438)

Shareholders' funds

101,497

(69,438)

For the financial Nine Months ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Nine Months in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 December 2016

Mr A Jamal

Director

Company Registration No. 08919471

DALBERG GLOBAL DEVELOPMENT ADVISORS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE NINE MONTHS ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

50% per year

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 April 2015

4,223

Additions

5,360

At 31 December 2015

9,583

Depreciation

At 1 April 2015

399

Charge for the period

2,998

At 31 December 2015

3,397

Net book value

At 31 December 2015

6,186

At 31 March 2015

3,824

DALBERG GLOBAL DEVELOPMENT ADVISORS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE NINE MONTHS ENDED 31 DECEMBER 2015

- 3 -

Share capital

2015

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000