Digital Tachograph Centre Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07733228 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended

31 August 2016

for

Digital Tachograph Centre Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K Khan

REGISTERED OFFICE:

Unit 11, Arrow Industrial Estate

Eelmoor Road

Farnborough

GU14 7QH

REGISTERED NUMBER:

07733228 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

FIXED ASSETS

Intangible assets

2

20,000

35,000

Tangible assets

3

41,960

57,634

61,960

92,634

CURRENT ASSETS

Stocks

22,980

16,206

Debtors

88,745

90,660

Cash at bank and in hand

171,531

80,729

283,256

187,595

CREDITORS

Amounts falling due within one year

117,891

106,801

NET CURRENT ASSETS

165,365

80,794

TOTAL ASSETS LESS CURRENT
LIABILITIES

227,325

173,428

CREDITORS

Amounts falling due after more than one
year

63,367

86,632

NET ASSETS

163,958

86,796

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

163,956

86,794

SHAREHOLDERS' FUNDS

163,958

86,796

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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:

K Khan - 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 and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Land and buildings

-

20% on cost

Plant and machinery etc

-

25% on cost, 20% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

Pension costs and other post-retirement benefits

The company makes contributions to a defined contribution pension scheme. Contributions payable to the

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

125,000

AMORTISATION

At 1 September 2015

90,000

Amortisation for year

15,000

At 31 August 2016

105,000

NET BOOK VALUE

At 31 August 2016

20,000

At 31 August 2015

35,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

87,777

DEPRECIATION

At 1 September 2015

30,143

Charge for year

15,674

At 31 August 2016

45,817

NET BOOK VALUE

At 31 August 2016

41,960

At 31 August 2015

57,634

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

2

Ordinary

£1

2

5.	CONTROLLING PARTY

The company is controlled by Mr and Mrs K Khan.