Abbreviated Company Accounts - DAVE WARD DEVELOPMENTS LIMITED

DAVE WARD DEVELOPMENTS LIMITED - Company Information

08102446 DAVE WARD DEVELOPMENTS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 08102446 2015-07-01 2016-06-30 08102446 2016-06-30 08102446 2015-06-30 08102446 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 08102446 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 08102446

DAVE WARD DEVELOPMENTS LIMITED

Abbreviated Accounts

30 June 2016

DAVE WARD DEVELOPMENTS LIMITED Registered Number 08102446

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	17,513	2,405
		17,513	2,405
Current assets
Stocks		500	500
Debtors		4,000	4,000
Cash at bank and in hand		3,605	544
		8,105	5,044
Creditors: amounts falling due within one year		(15,249)	(3,753)
Net current assets (liabilities)		(7,144)	1,291
Total assets less current liabilities		10,369	3,696
Creditors: amounts falling due after more than one year		(5,092)	-
Provisions for liabilities		(2,812)	(481)
Total net assets (liabilities)		2,465	3,215
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		2,464	3,214
Shareholders' funds		2,465	3,215

For the year ending 30 June 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 16 March 2017

And signed on their behalf by:
D Ward, Director

DAVE WARD DEVELOPMENTS LIMITED Registered Number 08102446

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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% straight line
Motor vehicles - 25% straight line

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.

2Tangible fixed assets

	£
Cost
At 1 July 2015	4,995
Additions	17,917
Disposals	(3,900)
Revaluations	-
Transfers	-
At 30 June 2016	19,012
Depreciation
At 1 July 2015	2,590
Charge for the year	1,022
On disposals	(2,113)
At 30 June 2016	1,499
Net book values
At 30 June 2016	17,513
At 30 June 2015	2,405

3Called Up Share Capital
Allotted, called up and fully paid:

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