Abbreviated Company Accounts - DIRECT FREIGHT SYSTEMS LIMITED

Abbreviated Company Accounts - DIRECT FREIGHT SYSTEMS LIMITED

DIRECT FREIGHT SYSTEMS LIMITED - Company Information

Print Friendly Version

Registered Number 02926003

DIRECT FREIGHT SYSTEMS LIMITED

Abbreviated Accounts

31 July 2014

DIRECT FREIGHT SYSTEMS LIMITED Registered Number 02926003

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 61,000 64,600
Tangible assets 3 1,886 1,827
62,886 66,427
Current assets
Debtors 168,251 136,403
Cash at bank and in hand 9,643 2,463
177,894 138,866
Creditors: amounts falling due within one year (132,453) (142,600)
Net current assets (liabilities) 45,441 (3,734)
Total assets less current liabilities 108,327 62,693
Total net assets (liabilities) 108,327 62,693
Capital and reserves
Called up share capital 15,434 15,434
Profit and loss account 92,893 47,259
Shareholders' funds 108,327 62,693
  • For the year ending 31 July 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 November 2014

And signed on their behalf by:
Jeremy Thorney, Director

DIRECT FREIGHT SYSTEMS LIMITED Registered Number 02926003

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 August 2013 96,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 96,000
Amortisation
At 1 August 2013 31,400
Charge for the year 3,600
On disposals -
At 31 July 2014 35,000
Net book values
At 31 July 2014 61,000
At 31 July 2013 64,600
3Tangible fixed assets
£
Cost
At 1 August 2013 28,520
Additions 392
Disposals -
Revaluations -
Transfers -
At 31 July 2014 28,912
Depreciation
At 1 August 2013 26,693
Charge for the year 333
On disposals -
At 31 July 2014 27,026
Net book values
At 31 July 2014 1,886
At 31 July 2013 1,827