Company Registration No. 08801741 (England and Wales)
DJ Signs Ltd
Abbreviated unaudited accounts
for the year ended 31 December 2015
DJ Signs Ltd
Abbreviated Balance Sheet
as at
31 December 2015
Tangible assets
9,160
5,350
Cash at bank and in hand
7,897
8,544
Creditors: amounts falling due within one year
(24,203)
(33,462)
Net current liabilities
(48)
(5,167)
Total assets less current liabilities
9,112
183
Creditors: amounts falling due after more than one year
(6,975)
-
Provisions for liabilities
(1,118)
-
Called up share capital
2
2
Profit and loss account
1,017
181
Total shareholders' funds
1,019
183
For the year ending 31 December 2015 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 14 September 2016
D. Allen
Director
Company Registration No. 08801741
DJ Signs Ltd
Notes to the Abbreviated Accounts
for the year ended 31 December 2015
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
DJ Signs Ltd
Notes to the Abbreviated Accounts
for the year ended 31 December 2015
2
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
At 1 January 2015
398
6,291
6,689
Additions
699
9,990
10,689
Disposals
-
(5,738)
(5,738)
At 31 December 2015
1,097
10,543
11,640
At 1 January 2015
80
1,259
1,339
Charge for the year
203
2,086
2,289
On disposals
-
(1,148)
(1,148)
At 31 December 2015
283
2,197
2,480
At 31 December 2015
814
8,346
9,160
At 31 December 2014
318
5,032
5,350
3
Share capital
2015
2014
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2