Abbreviated Company Accounts - DEVELOPING CONSULTANTS LIMITED

Abbreviated Company Accounts - DEVELOPING CONSULTANTS LIMITED

DEVELOPING CONSULTANTS LIMITED - Company Information

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Registered Number 06234129

DEVELOPING CONSULTANTS LIMITED

Abbreviated Accounts

31 March 2014

DEVELOPING CONSULTANTS LIMITED Registered Number 06234129

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 110,833 145,833
Tangible assets 3 1,141 1,405
111,974 147,238
Current assets
Stocks - -
Debtors 99,509 72,528
Investments - -
Cash at bank and in hand 30,029 53,774
129,538 126,302
Prepayments and accrued income - -
Creditors: amounts falling due within one year (99,345) (77,773)
Net current assets (liabilities) 30,193 48,529
Total assets less current liabilities 142,167 195,767
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income (27,959) (40,995)
Total net assets (liabilities) 114,208 154,772
Capital and reserves
Called up share capital 4 100 100
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 114,108 154,672
Shareholders' funds 114,208 154,772
  • For the year ending 31 March 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 December 2014

And signed on their behalf by:
R S Germain, Director

DEVELOPING CONSULTANTS LIMITED Registered Number 06234129

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Turnover policy
Turnover represents net invoiced sales of services excluding Value Added Tax

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Computer equipment - 33% on cost

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twelve years.

Other accounting policies
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.

2Intangible fixed assets
£
Cost
At 1 April 2013 350,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2014 350,000
Amortisation
At 1 April 2013 204,167
Charge for the year 35,000
On disposals 0
At 31 March 2014 239,167
Net book values
At 31 March 2014 110,833
At 31 March 2013 145,833
3Tangible fixed assets
£
Cost
At 1 April 2013 3,214
Additions 1,085
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2014 4,299
Depreciation
At 1 April 2013 1,809
Charge for the year 1,349
On disposals 0
At 31 March 2014 3,158
Net book values
At 31 March 2014 1,141
At 31 March 2013 1,405
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£		 2013
£
100 Ordinary shares of £1 each 100 100