Abbreviated Company Accounts - DAYA & ASSOCIATES LIMITED

Abbreviated Company Accounts - DAYA & ASSOCIATES LIMITED

DAYA & ASSOCIATES LIMITED - Company Information

Print Friendly Version

Registered Number 04721680

DAYA & ASSOCIATES LIMITED

Abbreviated Accounts

31 March 2016

DAYA & ASSOCIATES LIMITED Registered Number 04721680

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 6,590 5,442
6,590 5,442
Current assets
Debtors 850 800
Cash at bank and in hand 3,787 4,353
4,637 5,153
Creditors: amounts falling due within one year (11,075) (10,154)
Net current assets (liabilities) (6,438) (5,001)
Total assets less current liabilities 152 441
Total net assets (liabilities) 152 441
Capital and reserves
Called up share capital 100 100
Profit and loss account 52 341
Shareholders' funds 152 441
  • 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 31 December 2016

And signed on their behalf by:
M Daya, Director

DAYA & ASSOCIATES LIMITED Registered Number 04721680

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 April 2008.

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 15% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2015 11,695
Additions 2,029
Disposals -
Revaluations -
Transfers -
At 31 March 2016 13,724
Depreciation
At 1 April 2015 6,253
Charge for the year 881
On disposals -
At 31 March 2016 7,134
Net book values
At 31 March 2016 6,590
At 31 March 2015 5,442