Dale Nazzari & Co Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05727006 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

DALE NAZZARI & CO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B Dale

R J Nazzari

SECRETARY:

R J Nazzari

REGISTERED OFFICE:

75 Wigmore Street

London

W1U 1QD

REGISTERED NUMBER:

05727006 (England and Wales)

ACCOUNTANTS:

20:20 Consultancy (UK) llp

2nd Floor, Compton House

29-33 Church Road

Stanmore

Middlesex

HA7 4AR

FIXED ASSETS

Tangible assets

2

1,194

10,062

CURRENT ASSETS

Debtors

413,771

436,090

Cash at bank and in hand

341,378

254,740

755,149

690,830

CREDITORS

Amounts falling due within one year

(361,815

)

(397,382

)

NET CURRENT ASSETS

393,334

293,448

TOTAL ASSETS LESS CURRENT LIABILITIES

394,528

303,510

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

394,428

303,410

SHAREHOLDERS' FUNDS

394,528

303,510

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 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 3 November 2014 and were signed on its behalf by:

B Dale - Director

R J Nazzari - 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 sales of goods, 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

-

30% on cost and 25% on cost

Deferred tax

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

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 April 2013

79,357

Additions

9,774

At 31 March 2014

89,131

DEPRECIATION

At 1 April 2013

69,295

Charge for year

18,642

At 31 March 2014

87,937

NET BOOK VALUE

At 31 March 2014

1,194

At 31 March 2013

10,062

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100