Dagas Limited - Limited company - abbreviated

REGISTERED NUMBER: 00961683 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

DAGAS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D G Sunderland

REGISTERED OFFICE:

1 Gate Lodge Way

Noak Bridge

Laindon

Basildon

Essex

SS15 4AR

REGISTERED NUMBER:

00961683 (England and Wales)

ACCOUNTANTS:

Sunderland & Co.

Chartered Accountants

1 Gate Lodge Way

Noak Bridge

Laindon

Essex

SS15 4AR

CURRENT ASSETS

Debtors

-

1,275

Cash at bank

19,095

11,295

19,095

12,570

CREDITORS

Amounts falling due within one year

3,795

4,410

NET CURRENT ASSETS

15,300

8,160

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,300

8,160

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

15,297

8,157

SHAREHOLDERS' FUNDS

15,300

8,160

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 30 April 2014 and were signed by:

D G Sunderland - 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 net invoiced fees and disbursements, excluding value added tax

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, has been fully amortised

over its estimated useful life of five years.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computer equipment 25%

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

25,000

AMORTISATION

At 1 April 2013

and 31 March 2014

25,000

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

4,413

DEPRECIATION

At 1 April 2013

and 31 March 2014

4,413

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

3

Ordinary

£1

3

Dagas Limited - Limited company - abbreviated - 11.0.0

Dagas Limited - Limited company - abbreviated - 11.0.0