Abbreviated Company Accounts - DIRECT VIEW WINDOWS LIMITED

DIRECT VIEW WINDOWS LIMITED - Company Information

Registered Number 03604901

DIRECT VIEW WINDOWS LIMITED

Abbreviated Accounts

31 December 2014

DIRECT VIEW WINDOWS LIMITED Registered Number 03604901

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	82,501	99,001
Tangible assets	3	378,770	391,450
		461,271	490,451
Current assets
Stocks		12,000	12,798
Debtors		147,462	137,563
Cash at bank and in hand		43,489	42,534
		202,951	192,895
Creditors: amounts falling due within one year		(134,580)	(136,997)
Net current assets (liabilities)		68,371	55,898
Total assets less current liabilities		529,642	546,349
Creditors: amounts falling due after more than one year		(188,084)	(206,952)
Provisions for liabilities		(1,719)	(2,105)
Total net assets (liabilities)		339,839	337,292
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		338,839	336,292
Shareholders' funds		339,839	337,292

For the year ending 31 December 2014 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 18 September 2015

And signed on their behalf by:
A E Williams, Director
A J Sullivan, Director

DIRECT VIEW WINDOWS LIMITED Registered Number 03604901

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property - 2% straight line basis
Plant & Equipment - 15% - 25% on reducing balance basis
Motor Vehicles - 25% on reducing balance basis

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 5% on straight line basis

2Intangible fixed assets

	£
Cost
At 1 January 2014	330,001
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	330,001
Amortisation
At 1 January 2014	231,000
Charge for the year	16,500
On disposals	-
At 31 December 2014	247,500
Net book values
At 31 December 2014	82,501
At 31 December 2013	99,001

3Tangible fixed assets

	£
Cost
At 1 January 2014	583,275
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	583,275
Depreciation
At 1 January 2014	191,825
Charge for the year	12,680
On disposals	-
At 31 December 2014	204,505
Net book values
At 31 December 2014	378,770
At 31 December 2013	391,450