DT11 Trading Ltd - Period Ending 2015-03-31

Registration number: 05832724

DT11 Trading Ltd

Annual Report and Abbreviated Accounts

for the Year Ended 31 March 2015
 

Harney & Co Limited
Chartered Certified Accountants
21 Market Place
Blandford Forum
Dorset
DT11 7AF

DT11 Trading Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

DT11 Trading Ltd
(Registration number: 05832724)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					1,398			1,385
Current assets
Stocks					205			47
Debtors					27			-
Cash at bank and in hand					1,420			1,250
					1,652			1,297
Creditors: Amounts falling due within one year					(963)			(961)
Net current assets					689			336
Net assets					2,087			1,721
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					2,077			1,711
Shareholders' funds					2,087			1,721

For the year ending 31 March 2015 the company was entitled to exemption 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 .

Approved by the Board on 30 June 2015 and signed on its behalf by:

.........................................
Mrs D L Jones
Director

.........................................
Mr A C F Forty
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

DT11 Trading Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% on reducing balance

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

DT11 Trading Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		2,714			2,714
Additions		512			512
At 31 March 2015		3,226			3,226
Depreciation
At 1 April 2014		1,329			1,329
Charge for the year		499			499
At 31 March 2015		1,828			1,828
Net book value
At 31 March 2015		1,398			1,398
At 31 March 2014		1,385			1,385

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		10			10			10			10

4

Control

The company is controlled by DT11 Partnership Trust which owns 100% of the issued share capital through its nominees Mr S Adamson and Mr A K Horsey.

Page 3