| Dollis News Limited |
| Registered number: |
08578856 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
| £ |
|
| Current assets |
| Stocks |
|
|
28,784 |
| Debtors |
|
|
3,450 |
| Cash at bank and in hand |
|
|
25,955 |
|
|
|
58,189 |
|
|
|
| Creditors: amounts falling due within one year |
|
|
(57,220) |
|
| Net current assets |
|
|
|
969 |
|
|
| Net assets |
|
|
|
969 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
100 |
| Profit and loss account |
|
|
|
869 |
|
| Shareholders' funds |
|
|
|
969 |
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Satnam Singh Chopra |
| Director |
| Approved by the board on 29 July 2014 |
|
| Dollis News Limited |
Registered number |
| Notes to the Abbreviated Accounts |
08578856 |
| for the period ended 30 June 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer. |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost. |
|
|
| 2 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
|
|
|
|
|
|
