Derventio Solutions Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05809705 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2014

for

Derventio Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S G Reece

Mrs L J Reece

D Roberts

I T Parkin

SECRETARY:

Mrs L J Reece

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

05809705 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

2

1,944

3,292

CURRENT ASSETS

Debtors

96,124

64,831

Cash at bank and in hand

82,612

123,529

178,736

188,360

CREDITORS

Amounts falling due within one year

71,310

79,699

NET CURRENT ASSETS

107,426

108,661

TOTAL ASSETS LESS CURRENT LIABILITIES

109,370

111,953

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

109,270

111,853

SHAREHOLDERS' FUNDS

109,370

111,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 September 2014 and were signed on its behalf by:

S G Reece - 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 April 2008).

Turnover

Turnover represents the value of goods and services supplied during the period, net of 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

Straight line over 3 years

Deferred tax

Deferred tax is recognised in respect of all material timing differences.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

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 June 2013

21,272

Additions

369

At 31 May 2014

21,641

DEPRECIATION

At 1 June 2013

17,980

Charge for year

1,717

At 31 May 2014

19,697

NET BOOK VALUE

At 31 May 2014

1,944

At 31 May 2013

3,292

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

77

Ordinary A

£1

77

77

23

Ordinary B

£1

23

23

100

100