Company Registration No. 00529970 (England and Wales)
DELSOM LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
DELSOM LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
DELSOM LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2014
30 September 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
89,967
81,627
Current assets
Debtors
401,765
413,131
Cash at bank and in hand
27,525
34,414
429,290
447,545
Creditors: amounts falling due within one year
(5,302)
(6,569)
Net current assets
423,988
440,976
Total assets less current liabilities
513,955
522,603
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
513,855
522,503
Shareholders' funds
513,955
522,603
For the financial year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 7 April 2015
Mr R A Elsom
Director
Company Registration No. 00529970
DELSOM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Freehold property
2% on cost
Fixtures and fittings
10% on cost
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2013
147,057
Additions
10,608
At 30 September 2014
157,665
Depreciation
At 1 October 2013
65,430
Charge for the year
2,268
At 30 September 2014
67,698
Net book value
At 30 September 2014
89,967
At 30 September 2013
81,627
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100