Double Ace Design Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06436238 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Double Ace Design Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Fairhurst

REGISTERED OFFICE:

93 Market Street

Farnworth

Bolton

Lancashire

BL4 7NS

REGISTERED NUMBER:

06436238 (England and Wales)

ACCOUNTANTS:

Higsons Limited

Chartered Accountants

93 Market Street

Farnworth

Bolton

BL4 7NS

FIXED ASSETS

Tangible assets

2

3,924

3,765

CURRENT ASSETS

Debtors

1,260

7,143

Cash at bank

15,527

13,862

16,787

21,005

CREDITORS

Amounts falling due within one year

4,992

18,331

NET CURRENT ASSETS

11,795

2,674

TOTAL ASSETS LESS CURRENT LIABILITIES

15,719

6,439

PROVISIONS FOR LIABILITIES

785

753

NET ASSETS

14,934

5,686

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

14,933

5,685

SHAREHOLDERS' FUNDS

14,934

5,686

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 11 August 2017 and were signed by:

J Fairhurst - 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 the amount derived from ordinary activities.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 December 2015

7,268

Additions

1,469

At 30 November 2016

8,737

DEPRECIATION

At 1 December 2015

3,503

Charge for year

1,310

At 30 November 2016

4,813

NET BOOK VALUE

At 30 November 2016

3,924

At 30 November 2015

3,765

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

1

Ordinary

£1

1

1