Abbreviated Company Accounts - DART AMUSEMENTS LIMITED

DART AMUSEMENTS LIMITED - Company Information

Registered Number 09158063

DART AMUSEMENTS LIMITED

Abbreviated Accounts

31 August 2016

DART AMUSEMENTS LIMITED Registered Number 09158063

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,037	1,705
		6,037	1,705
Current assets
Stocks		103	204
Debtors		287	-
Cash at bank and in hand		494	4,652
		884	4,856
Prepayments and accrued income		1,329	511
Creditors: amounts falling due within one year		(13,103)	(8,722)
Net current assets (liabilities)		(10,890)	(3,355)
Total assets less current liabilities		(4,853)	(1,650)
Total net assets (liabilities)		(4,853)	(1,650)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(4,953)	(1,750)
Shareholders' funds		(4,853)	(1,650)

For the year ending 31 August 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 15 May 2017

And signed on their behalf by:
A Thomas, Director

DART AMUSEMENTS LIMITED Registered Number 09158063

Notes to the Abbreviated Accounts for the period ended 31 August 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 represents the invoiced value of gaming and amusement machines supplied and operated, net of Value Added Tax.

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

Plant and machinery - 20% straight line

Valuation information and policy
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 September 2015	1,734
Additions	5,574
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	7,308
Depreciation
At 1 September 2015	29
Charge for the year	1,242
On disposals	-
At 31 August 2016	1,271
Net book values
At 31 August 2016	6,037
At 31 August 2015	1,705