Dataphone Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03324108 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Dataphone Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr C Wilce

REGISTERED OFFICE:

Solutions House

56-58 Peregrine Road

Ilford

Essex

IG6 3SZ

REGISTERED NUMBER:

03324108 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Intangible assets

2

1,080,000

1,170,000

Tangible assets

3

3,597

6,458

1,083,597

1,176,458

CURRENT ASSETS

Debtors

226,518

283,338

Cash at bank

35,044

90,987

261,562

374,325

CREDITORS

Amounts falling due within one year

1,178,795

1,327,885

NET CURRENT LIABILITIES

(917,233

)

(953,560

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

166,364

222,898

CAPITAL AND RESERVES

Called up share capital

4

50

100

Profit and loss account

166,314

222,798

SHAREHOLDERS' FUNDS

166,364

222,898

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 23 December 2016 and were signed by:

Mr C Wilce - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,800,000

AMORTISATION

At 1 April 2015

630,000

Amortisation for year

90,000

At 31 March 2016

720,000

NET BOOK VALUE

At 31 March 2016

1,080,000

At 31 March 2015

1,170,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

33,126

Disposals

(11,729

)

At 31 March 2016

21,397

DEPRECIATION

At 1 April 2015

26,668

Charge for year

1,205

Eliminated on disposal

(10,073

)

At 31 March 2016

17,800

NET BOOK VALUE

At 31 March 2016

3,597

At 31 March 2015

6,458

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

NIL

Ordinary A

£1

-

50

25

Ordinary B

£1

25

Ordinary C

£1

25

50

100

On the 17th March 2016, the company acquired and cancelled 50 of its ordinary £1 shares for total consideration of £5,000.

This represented half of all issued share capital.

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £56,000 were paid to the director .

Mr C Wilce

Director of the company

31.3.16

31.3.15

£

Amount due to related party at the balance sheet date

513,350

355,433

Dataphone Communications Ltd

A company under the common control of the director

31.3.16

31.3.15

£

Amount due to related party at the balance sheet date

17,862

506,156

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C Wilce.