Company Registration No. 07281338 (England and Wales)
3DARM LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2016
3DARM LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
3DARM LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
381
521
Current assets
Debtors
55,690
63,728
Cash at bank and in hand
15
1,243
55,705
64,971
Creditors: amounts falling due within one year
(55,703)
(63,894)
Net current assets
2
1,077
Total assets less current liabilities
383
1,598
Provisions for liabilities
(76)
(105)
307
1,493
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
207
1,393
Shareholders' funds
307
1,493
For the financial year ended 30 June 2016 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 6 March 2017
Mr D Perry
Director
Company Registration No. 07281338
3DARM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 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 January 2015).
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
Turnover
Turnover represents amounts receivable for services net of VAT.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets 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:
Computer equipment
straight line over 3 years
2
Fixed assets
Tangible assets
£
Cost
At 1 July 2015
4,449
Additions
571
At 30 June 2016
5,020
Depreciation
At 1 July 2015
3,928
Charge for the year
711
At 30 June 2016
4,639
Net book value
At 30 June 2016
381
At 30 June 2015
521
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
4
Related party relationships and transactions
3DARM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
4
Related party relationships and transactions
(Continued)
- 3 -
The following directors had interest free loans during the year. The movement on these loans are as follows:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Loan
-
57,014
5,467
-
12,919
49,562
57,014
5,467
-
12,919
49,562