For the period ended 30 June 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09605868
DSP Mortgages Limited
Accountants' Report
For the period ended 30 June 2016
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of DSP Mortgages Limited for the period ended
30
June
2016
which comprise the Profit and Loss
|
Account
,
the Balance Sheet and the related notes from the company
'
s accounting records and from information
|
and explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of DSP Mortgages Limited
,
as a body
,
in accordance with the
|
terms of our engagement letter dated
8
July
2016
.
Our work has been undertaken solely to prepare for your
|
approval the accounts of DSP Mortgages Limited and state those matters that we have agreed to state to the
|
Board of Directors of DSP Mortgages Limited
,
as a body
,
in this report in accordance with the requirements of the
|
Association of Chartered Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the
|
fullest extent permitted by law
,
we do not accept or assume responsibility to anyone other than DSP Mortgages
|
Limited and its Board of Directors as a body for our work or for this report
.
|
It is your duty to ensure that DSP Mortgages Limited has kept adequate accounting records and to prepare
|
statutory accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of DSP
|
Mortgages Limited
.
You consider that DSP Mortgages Limited is exempt from the statutory audit requirement for
|
the year
.
|
Fulwells
Epic House
128 Fulwell Road
Teddington
Middlesex
TW11 0RQ
07 February 2017
1 of 3
Notes to the Abbreviated Financial Statements
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DSP Mortgages Limited
For the period ended 30 June 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover comprises the invoiced value of goods and services supplied by the company.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Fixtures and Fittings
250
250
63
Charge for period
63
187
At the Balance Sheet date Mr D Plummer was owed £2,476.
3 of 3