Abbreviated Company Accounts - TAX OFFICE DM LIMITED

TAX OFFICE DM LIMITED - Company Information

07266865 TAX OFFICE DM LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 07266865 2015-06-01 2016-05-31 07266865 2016-05-31 07266865 2015-05-31 07266865 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 07266865 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 07266865

TAX OFFICE DM LIMITED

Abbreviated Accounts

31 May 2016

TAX OFFICE DM LIMITED Registered Number 07266865

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	-
Tangible assets	3	13,266	17,443
		13,266	17,443
Current assets
Debtors		42,347	15,000
Cash at bank and in hand		3,981	18,729
		46,328	33,729
Creditors: amounts falling due within one year		(51,287)	(25,296)
Net current assets (liabilities)		(4,959)	8,433
Total assets less current liabilities		8,307	25,876
Creditors: amounts falling due after more than one year		(2,809)	0
Total net assets (liabilities)		5,498	25,876
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		5,398	25,776
Shareholders' funds		5,498	25,876

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 28 February 2017

And signed on their behalf by:
B Cooper, Director

TAX OFFICE DM LIMITED Registered Number 07266865

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

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

Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 15% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Leasing and hire purchase commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

2Intangible fixed assets

	£
Cost
At 1 June 2015	32,387
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	32,387
Amortisation
At 1 June 2015	32,387
Charge for the year	-
On disposals	-
At 31 May 2016	32,387
Net book values
At 31 May 2016	0
At 31 May 2015	0

3Tangible fixed assets

	£
Cost
At 1 June 2015	38,747
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	38,747
Depreciation
At 1 June 2015	21,304
Charge for the year	4,177
On disposals	-
At 31 May 2016	25,481
Net book values
At 31 May 2016	13,266
At 31 May 2015	17,443

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100