Abbreviated Company Accounts - DIVINE LEISURE LTD

DIVINE LEISURE LTD - Company Information

03914731 DIVINE LEISURE LTD 2014-03-31 false 2013-04-01 2014-03-31 true 03914731 2013-04-01 2014-03-31 03914731 2014-03-31 03914731 2013-03-31 03914731 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 03914731 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 03914731

DIVINE LEISURE LTD

Abbreviated Accounts

31 March 2014

DIVINE LEISURE LTD Registered Number 03914731

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	491,231	491,231
		491,231	491,231
Current assets
Debtors		944,760	1,611,362
Cash at bank and in hand		36,786	20,612
		981,546	1,631,974
Net current assets (liabilities)		981,546	1,631,974
Total assets less current liabilities		1,472,777	2,123,205
Creditors: amounts falling due after more than one year		(1,227,632)	(1,913,785)
Total net assets (liabilities)		245,145	209,420
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		245,045	209,320
Shareholders' funds		245,145	209,420

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 17 December 2014

And signed on their behalf by:
DANIEL FLUSS, Director

DIVINE LEISURE LTD Registered Number 03914731

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

No depreciation is provided for in respect of the company's freehold property.

Other accounting policies
Investment properties

The company's investment properety is included in the Balance Sheet at historical cost. This is not in accordance with the requirements of Statement of Standard Accounting Practice No 19 which requires such properties to be stated at their open market value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 April 2013	491,231
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	491,231
Depreciation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	491,231
At 31 March 2013	491,231

Fixed assets

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100