Abbreviated Company Accounts - P1 DRIVERDYNAMICS LIMITED

Abbreviated Company Accounts - P1 DRIVERDYNAMICS LIMITED

P1 DRIVERDYNAMICS LIMITED - Company Information

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Registered Number 08029580

P1 DRIVERDYNAMICS LIMITED

Abbreviated Accounts

30 April 2014

P1 DRIVERDYNAMICS LIMITED Registered Number 08029580

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 931 -
931 -
Current assets
Debtors 3,459 -
Cash at bank and in hand 30,402 14,649
33,861 14,649
Creditors: amounts falling due within one year (28,205) (10,254)
Net current assets (liabilities) 5,656 4,395
Total assets less current liabilities 6,587 4,395
Total net assets (liabilities) 6,587 4,395
Capital and reserves
Called up share capital 10 10
Profit and loss account 6,577 4,385
Shareholders' funds 6,587 4,395
  • For the year ending 30 April 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 20 January 2015

And signed on their behalf by:
B Saunders, Director

P1 DRIVERDYNAMICS LIMITED Registered Number 08029580

Notes to the Abbreviated Accounts for the period ended 30 April 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.

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

Plant and machinery 20% straight line

2Tangible fixed assets
£
Cost
At 1 May 2013 -
Additions 1,164
Disposals -
Revaluations -
Transfers -
At 30 April 2014 1,164
Depreciation
At 1 May 2013 -
Charge for the year 233
On disposals -
At 30 April 2014 233
Net book values
At 30 April 2014 931
At 30 April 2013 -