D N Automotive Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04111559 (England and Wales)

D N Automotive Ltd

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D J Neagle

SECRETARY:

C Durrant

REGISTERED OFFICE:

310 Wellingborough Road

Northampton

Northamptonshire

NN1 4EP

REGISTERED NUMBER:

04111559 (England and Wales)

ACCOUNTANTS:

Cheney & Co

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Tangible assets

2

-

2,236

CURRENT ASSETS

Debtors

9,669

11,054

Cash at bank

5,259

12,413

14,928

23,467

CREDITORS

Amounts falling due within one year

10,661

14,532

NET CURRENT ASSETS

4,267

8,935

TOTAL ASSETS LESS CURRENT LIABILITIES

4,267

11,171

PROVISIONS FOR LIABILITIES

-

450

NET ASSETS

4,267

10,721

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

4,266

10,720

SHAREHOLDERS' FUNDS

4,267

10,721

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28th February 2015 and were signed by:

D J Neagle - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2014

and 31st December 2014

8,735

DEPRECIATION

At 1st January 2014

6,499

Charge for year

2,236

At 31st December 2014

8,735

NET BOOK VALUE

At 31st December 2014

-

At 31st December 2013

2,236

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2014 and

31st December 2013:

2014

2013

£

£

D J Neagle

Balance outstanding at start of year

9,560

3,920

Amounts advanced

30,869

35,900

Amounts repaid

(30,760

)

(30,260

)

Balance outstanding at end of year

9,669

9,560

The outstanding balance was cleared on the 6th April 2015.