Abbreviated Company Accounts - DIRECT DISPLAYS & EXHIBITIONS LIMITED

DIRECT DISPLAYS & EXHIBITIONS LIMITED - Company Information

Registered Number 04521851

DIRECT DISPLAYS & EXHIBITIONS LIMITED

Abbreviated Accounts

30 July 2016

DIRECT DISPLAYS & EXHIBITIONS LIMITED Registered Number 04521851

Abbreviated Balance Sheet as at 30 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	30,182	40,242
		30,182	40,242
Current assets
Debtors		495,742	517,589
Cash at bank and in hand		-	5,766
		495,742	523,355
Creditors: amounts falling due within one year		(143,506)	(186,794)
Net current assets (liabilities)		352,236	336,561
Total assets less current liabilities		382,418	376,803
Creditors: amounts falling due after more than one year		(12,607)	(26,351)
Provisions for liabilities		(8,438)	(8,438)
Total net assets (liabilities)		361,373	342,014
Capital and reserves
Called up share capital		1	1
Profit and loss account		361,372	342,013
Shareholders' funds		361,373	342,014

For the year ending 30 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 18 July 2017

And signed on their behalf by:
B Horner, Director

DIRECT DISPLAYS & EXHIBITIONS LIMITED Registered Number 04521851

Notes to the Abbreviated Accounts for the period ended 30 July 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 20% straight line
Motor vehicles - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 August 2015	222,209
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 July 2016	222,209
Depreciation
At 1 August 2015	181,967
Charge for the year	10,060
On disposals	-
At 30 July 2016	192,027
Net book values
At 30 July 2016	30,182
At 31 July 2015	40,242