Dial Solutions Limited,Ltd - Accounts

Dial Solutions Limited,Ltd - Accounts

DIAL SOLUTIONS LIMITED - Company Information

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2015-09-01 true false Private Limited Company 02900702 2016-08-31 02900702 2015-09-01 2016-08-31 02900702 2015-08-31 02900702 2014-09-01 2015-08-31 02900702 uk-bus:Director1 2015-09-01 2016-08-31 02900702 uk-gaap:PlantMachinery 2015-09-01 2016-08-31 iso4217:GBP
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Dial Solutions Limited
For the year ended 31 August 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 02900702
2
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Contents Page
Dial Solutions Limited
For the year ended 31 August 2016
1
Balance Sheet
2
Notes to the Abbreviated Financial Statements
3
Draft
Abbreviated Balance Sheet
Dial Solutions Limited
As at 31 August 2016
02900702
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Tangible assets
2
4,270
5,049
4,270
5,049
Current assets
Stocks
1,077
1,069
Debtors
2,858
19,842
Cash at bank and in hand
17,286
32,658
38,197
36,593
Creditors: amounts falling due within one year
(3,290)
(3,660)
33,303
34,537
Net current assets
Total assets less current liabilities
38,807
38,352
38,807
Net assets
38,352
Capital and reserves
Called up share capital
480
480
Reserves
120
120
Profit and loss account
38,207
37,752
38,807
38,352
Shareholders funds
For the year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 31 May 2017
Philip Driscoll Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Dial Solutions Limited
For the year ended 31 August 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25 % Reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
82,080
At 01 September 2015
644
Additions
At 31 August 2016
82,724
Depreciation
77,031
At 01 September 2015
1,423
Charge for year
78,454
At 31 August 2016
Net book values
At 31 August 2016
4,270
5,049
At 31 August 2015
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