DIGISERV LTD
|
Registered number: |
05582791
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
7,989 |
|
|
7,028 |
|
Current assets |
Stocks |
|
|
9,500 |
|
|
12,000 |
Debtors |
|
|
1,901 |
|
|
221 |
Cash at bank and in hand |
|
|
696 |
|
|
3,876 |
|
|
|
12,097 |
|
|
16,097 |
|
Creditors: amounts falling due within one year |
|
|
(7,356) |
|
|
(6,845) |
|
Net current assets |
|
|
|
4,741 |
|
|
9,252 |
|
Total assets less current liabilities |
|
|
|
12,730 |
|
|
16,280 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(11,271) |
|
|
(15,874) |
|
|
|
Net assets |
|
|
|
1,459 |
|
|
406 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
1,458 |
|
|
405 |
|
Shareholder's funds |
|
|
|
1,459 |
|
|
406 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
M Vaughan |
Director |
Approved by the board on 27 December 2016
|
|
DIGISERV LTD
|
Notes to the Abbreviated Accounts |
for the period ended 31 March 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
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.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line
|
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2015 |
22,484 |
|
Additions |
1,761 |
|
At 31 March 2016 |
24,245 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2015 |
15,456 |
|
Charge for the period |
800 |
|
At 31 March 2016 |
16,256 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
7,989 |
|
At 31 October 2015 |
7,028 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|