Drevelop Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08792361 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Drevelop Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

Mr D Ellis

REGISTERED OFFICE:

13 Cedar Drive

London

N2 0PS

REGISTERED NUMBER:

08792361 (England and Wales)

ACCOUNTANTS:

djca Limited

4th Floor Aldgate Tower

2 Leman Street

London

E1 8FA

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages three to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for

your approval the financial statements of Drevelop Limited for the year ended 30 November 2016

which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Drevelop Limited in accordance with the terms of our engagement letter dated 5 January 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Drevelop Limited and state those matters that we have agreed to state to the director of Drevelop Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Drevelop Limited director for our work or for this report.

It is your duty to ensure that Drevelop Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Drevelop Limited. You consider that Drevelop Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Drevelop Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

djca Limited

4th Floor Aldgate Tower

2 Leman Street

London

E1 8FA

8 August 2017

FIXED ASSETS

Tangible assets

2

1,481

139

CURRENT ASSETS

Debtors

22,425

8,964

Cash at bank

67,429

42,684

89,854

51,648

CREDITORS

Amounts falling due within one year

(27,695

)

(21,692

)

NET CURRENT ASSETS

62,159

29,956

TOTAL ASSETS LESS CURRENT
LIABILITIES

63,640

30,095

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

63,639

30,094

SHAREHOLDERS' FUNDS

63,640

30,095

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 8 August 2017 and were signed by:

Mr D Ellis - 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 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.

Plant and machinery etc

-

25% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

185

Additions

1,797

At 30 November 2016

1,982

DEPRECIATION

At 1 December 2015

46

Charge for year

455

At 30 November 2016

501

NET BOOK VALUE

At 30 November 2016

1,481

At 30 November 2015

139

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1

Ordinary

£1

1