Abbreviated Company Accounts - DEVNIK LIMITED

06130190 DEVNIK LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 06130190 2013-01-01 2013-12-31 06130190 2013-12-31 06130190 2012-12-31 06130190 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 06130190 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 06130190

DEVNIK LIMITED

Abbreviated Accounts

31 December 2013

DEVNIK LIMITED Registered Number 06130190

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	26,207	32,141
Tangible assets	3	57,159	69,988
		83,366	102,129
Current assets
Stocks		3,135	3,550
Debtors		9,969	18,966
Cash at bank and in hand		7,786	11,538
		20,890	34,054
Creditors: amounts falling due within one year		(55,884)	(81,732)
Net current assets (liabilities)		(34,994)	(47,678)
Total assets less current liabilities		48,372	54,451
Creditors: amounts falling due after more than one year		(55,259)	(70,657)
Provisions for liabilities		(810)	-
Total net assets (liabilities)		(7,697)	(16,206)
Capital and reserves
Called up share capital	4	40,504	40,504
Profit and loss account		(48,201)	(56,710)
Shareholders' funds		(7,697)	(16,206)

For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
H DIXIT, Director

DEVNIK LIMITED Registered Number 06130190

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 total cash takings, excluding value added tax, of sales made during the year. Turnover is recognised on receipt of cash from customers.

Tangible assets depreciation policy
Fixtures Fittings & Equipment - 20% on reducing balance

Intangible assets amortisation policy
Acquired Goodwill is written off in equal instalments over its estimated useful economic life of 10 years.

2Intangible fixed assets

	£
Cost
At 1 January 2013	59,338
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	59,338
Amortisation
At 1 January 2013	27,197
Charge for the year	5,934
On disposals	-
At 31 December 2013	33,131
Net book values
At 31 December 2013	26,207
At 31 December 2012	32,141

3Tangible fixed assets

	£
Cost
At 1 January 2013	149,726
Additions	486
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	150,212
Depreciation
At 1 January 2013	79,738
Charge for the year	13,315
On disposals	-
At 31 December 2013	93,053
Net book values
At 31 December 2013	57,159
At 31 December 2012	69,988

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
40,504 A Ordinary shares of £1 each	40,504	40,504