Abbreviated Company Accounts - DTM POWER LIMITED

Registered Number 05180707

DTM POWER LIMITED

Abbreviated Accounts

31 July 2016

DTM POWER LIMITED Registered Number 05180707

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,028	8,037
		6,028	8,037
Current assets
Stocks		850	1,250
Cash at bank and in hand		3,305	4,502
		4,155	5,752
Creditors: amounts falling due within one year		(6,563)	(3,393)
Net current assets (liabilities)		(2,408)	2,359
Total assets less current liabilities		3,620	10,396
Total net assets (liabilities)		3,620	10,396
Capital and reserves
Called up share capital		2	2
Profit and loss account		3,618	10,394
Shareholders' funds		3,620	10,396

For the year ending 31 July 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 13 April 2017

And signed on their behalf by:
D J Wedge, Director

DTM POWER LIMITED Registered Number 05180707

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 20% Straight Line
Motor Vehicles - 25% Reducing Balance

Valuation information and policy
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Other accounting policies
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 August 2015	10,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	10,500
Depreciation
At 1 August 2015	2,463
Charge for the year	2,009
On disposals	-
At 31 July 2016	4,472
Net book values
At 31 July 2016	6,028
At 31 July 2015	8,037