Dextrous IT Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07056212 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

DEXTROUS IT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

S M Darby

SECRETARY:

J Baldwin

REGISTERED OFFICE:

Rowan House

Hill End Lane

St Albans

Hertfordshire

AL4 0RA

REGISTERED NUMBER:

07056212 (England and Wales)

ACCOUNTANTS:

The LK Partnership LLP

Rowan House

Hill End Lane

St Albans

Hertfordshire

AL4 0RA

BANKERS:

Barclays Bank Plc

Leicester

LE87 2BB

FIXED ASSETS

Tangible assets

2

24

307

CURRENT ASSETS

Debtors

21,325

18,456

Cash at bank and in hand

422

83

21,747

18,539

CREDITORS

Amounts falling due within one year

13,470

10,783

NET CURRENT ASSETS

8,277

7,756

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,301

8,063

PROVISIONS FOR LIABILITIES

61

NET ASSETS

8,240

8,002

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

8,140

7,902

SHAREHOLDERS' FUNDS

8,240

8,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 July 2017 and were signed by:

S M Darby - 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 goods and 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.

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

1,418

DEPRECIATION

At 1 November 2015

1,111

Charge for year

283

At 31 October 2016

1,394

NET BOOK VALUE

At 31 October 2016

24

At 31 October 2015

307

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2016 and

31 October 2015:

2016

2015

£

S M Darby

Balance outstanding at start of year

12,419

2,462

Amounts advanced

11,393

12,457

Amounts repaid

(9,520

)

(2,500

)

Balance outstanding at end of year

14,292

12,419