Accounts Submission
Accounts Submission
DIAMOND OSTRICH LTD
Company Registration Number:
08701264
(England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01 October 2015
End date: 30 September 2016
DIAMOND OSTRICH LTD
Abbreviated Balance sheet
As at
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2016 £ |
2015 £ |
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Fixed assets | |||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
DIAMOND OSTRICH LTD
Balance sheet continued
As at 30 September 2016
Notes |
2016 £ |
2015 £ |
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Capital and reserves | |||
Called up share capital: | 3 |
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Profit and loss account: |
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Shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
DIAMOND OSTRICH LTD
Notes to the Abbreviated Accounts
for the Period Ended 30 September 2016
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1. Accounting 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 April 2008) Turnover policy
The turnover shown in the profit and loss account represents amounts receivable for work undertaken during the period.
The amount receivable has been calculated using the revenue recognition principles set out in Application Note G of FRS 5 'Substance of transaction' and UItf40 'Revenue recognition and Service Contracts' as appropriate.Tangible fixed assets depreciation policy
depreciation is calculated so as to write off the cost of the asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment and computers 25% reducing balance
DIAMOND OSTRICH LTD
Notes to the Abbreviated Accounts
for the Period Ended 30 September 2016
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2. Tangible assets
Total Cost £ 01 October 2015: 4,776 Additions: 0 Disposals: 0 Revaluations: 0 Transfers: 0 30 September 2016: 4,776 Depreciation 01 October 2015: 1,675 Charge for year: 775 On disposals: 0 Other adjustments: 0 30 September 2016: 2,450 Net book value 30 September 2016: 2,326 30 September 2015: 3,101