DM Trad UK Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07383215 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2016

FOR

DM TRAD UK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

Mrs D V Mills

D J Mills

REGISTERED OFFICE:

4 Earls Road

Tunbridge Wells

Kent

TN4 8EA

REGISTERED NUMBER:

07383215 (England and Wales)

ACCOUNTANTS:

Insight Strategic Associates

Chartered Certified Accountants

10 Towerfield Road

Shoeburyness

Essex

SS3 9QE

FIXED ASSETS

Tangible assets

2

139

1,595

CURRENT ASSETS

Debtors

14,074

Cash at bank

2

86

14,076

14,160

CREDITORS

Amounts falling due within one year

(5,193

)

(10,521

)

NET CURRENT ASSETS

8,883

3,639

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,022

5,234

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

9,020

5,232

SHAREHOLDERS' FUNDS

9,022

5,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 28th March 2017 and were signed on its
behalf by:

D J Mills - 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 services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Employee benefit trust

The Company has created a trust whose beneficiaries will include employees of the company and their

dependents. Assets held under this trust will be controlled by the Trustees who will be acting

independently and entirely at their own discretion.

Where assets are held in the trust and these are considered by the company to be in respect of services

already provided by employees to the company, the company will account for these as assets of the trust

when payment is made to the trust. The value transferred will be charged in the company's profit and

loss account for the year to which it relates.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2015

and 30th September 2016

6,456

DEPRECIATION

At 1st October 2015

4,861

Charge for year

1,456

At 30th September 2016

6,317

NET BOOK VALUE

At 30th September 2016

139

At 30th September 2015

1,595

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

two to five) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30th September 2016 set out on pages three to eight and you consider that the company is exempt from an audit.