Abbreviated Company Accounts - DAEDALUS SAFETY LIMITED

DAEDALUS SAFETY LIMITED - Company Information

Registered Number 07282210

DAEDALUS SAFETY LIMITED

Abbreviated Accounts

31 March 2014

DAEDALUS SAFETY LIMITED Registered Number 07282210

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	15,604	20,154
		15,604	20,154
Current assets
Stocks		-	200
Debtors		100,633	61,146
Cash at bank and in hand		258,061	67,816
		358,694	129,162
Creditors: amounts falling due within one year		(113,475)	(89,821)
Net current assets (liabilities)		245,219	39,341
Total assets less current liabilities		260,823	59,495
Total net assets (liabilities)		260,823	59,495
Capital and reserves
Called up share capital		100	100
Profit and loss account		260,723	59,395
Shareholders' funds		260,823	59,495

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 24 December 2014

And signed on their behalf by:
P Huber, Director

DAEDALUS SAFETY LIMITED Registered Number 07282210

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Intangible assets amortisation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment 20% reducing balance
Fixtures & Fittings 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	40,890
Additions	1,279
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	42,169
Depreciation
At 1 April 2013	20,736
Charge for the year	5,829
On disposals	-
At 31 March 2014	26,565
Net book values
At 31 March 2014	15,604
At 31 March 2013	20,154