DIGISERV LTD
|
Registered number: |
05582791
|
Abbreviated Balance Sheet |
as at 31 October 2014
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
8,284 |
|
|
11,341 |
|
Current assets |
Stocks |
|
|
12,250 |
|
|
11,050 |
Debtors |
|
|
265 |
|
|
436 |
Cash at bank and in hand |
|
|
1,925 |
|
|
1,216 |
|
|
|
14,440 |
|
|
12,702 |
|
Creditors: amounts falling due within one year |
|
|
(15,353) |
|
|
(20,009) |
|
Net current liabilities |
|
|
|
(913) |
|
|
(7,307) |
|
Total assets less current liabilities |
|
|
|
7,371 |
|
|
4,034 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(5,937) |
|
|
(10,647) |
|
|
|
Net assets/(liabilities) |
|
|
|
1,434 |
|
|
(6,613) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
1,433 |
|
|
(6,614) |
|
Shareholder's funds |
|
|
|
1,434 |
|
|
(6,613) |
|
|
|
|
|
|
|
|
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 24 July 2015
|
|
DIGISERV LTD
|
Notes to the Abbreviated Accounts |
for the year ended 31 October 2014
|
|
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.
|
|
|
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
|
|
Motor vehicles |
25% on reducing balance
|
|
Website development costs and computer equipment |
|
20% on reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2013 |
23,528 |
|
Additions |
185 |
|
Disposals |
(1,800) |
|
At 31 October 2014 |
21,913 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2013 |
12,187 |
|
Charge for the year |
2,090 |
|
On disposals |
(648) |
|
At 31 October 2014 |
13,629 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2014 |
8,284 |
|
At 31 October 2013 |
11,341 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|