Abbreviated Company Accounts - DDP LIMITED

Abbreviated Company Accounts - DDP LIMITED


Registered Number 02130958

DDP LIMITED

Abbreviated Accounts

31 May 2016

DDP LIMITED Registered Number 02130958

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 3,894 4,581
3,894 4,581
Current assets
Debtors 136,023 166,272
Cash at bank and in hand 63,104 57,299
199,127 223,571
Creditors: amounts falling due within one year (132,925) (158,564)
Net current assets (liabilities) 66,202 65,007
Total assets less current liabilities 70,096 69,588
Total net assets (liabilities) 70,096 69,588
Capital and reserves
Called up share capital 3 120 120
Profit and loss account 69,976 69,468
Shareholders' funds 70,096 69,588
  • For the year ending 31 May 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 14 February 2017

And signed on their behalf by:
James W Grimshaw, Director
Paresh Shah, Director

DDP LIMITED Registered Number 02130958

Notes to the Abbreviated Accounts for the period ended 31 May 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 is the amount receivable for goods and services supplied to customers, net of VAT and trade discounts.

Tangible assets depreciation policy
Plant and Equipment is depreciated at 15% per annum on a straight line basis.

2Tangible fixed assets
£
Cost
At 1 June 2015 7,653
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 7,653
Depreciation
At 1 June 2015 3,072
Charge for the year 687
On disposals -
At 31 May 2016 3,759
Net book values
At 31 May 2016 3,894
At 31 May 2015 4,581
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 A Ordinary shares of £1 each 100 100
10 B Ordinary shares of £1 each 10 10
10 C Ordinary shares of £1 each 10 10