Abbreviated Company Accounts - D & N TRANSPORT LIMITED

Abbreviated Company Accounts - D & N TRANSPORT LIMITED


Registered Number 04302396

D & N TRANSPORT LIMITED

Abbreviated Accounts

31 October 2015

D & N TRANSPORT LIMITED Registered Number 04302396

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 25,795 35,282
25,795 35,282
Current assets
Debtors 41,674 70,014
Cash at bank and in hand 24,878 60
66,552 70,074
Creditors: amounts falling due within one year 3 (83,235) (88,987)
Net current assets (liabilities) (16,683) (18,913)
Total assets less current liabilities 9,112 16,369
Creditors: amounts falling due after more than one year 3 (328) (5,311)
Provisions for liabilities (4,069) (5,561)
Total net assets (liabilities) 4,715 5,497
Capital and reserves
Called up share capital 4 5 5
Profit and loss account 4,710 5,492
Shareholders' funds 4,715 5,497
  • For the year ending 31 October 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 7 March 2016

And signed on their behalf by:
Mr C Law, Director
Miss P Mutter, Director

D & N TRANSPORT LIMITED Registered Number 04302396

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor vehicles - 25% reducing balance
Fixtures & fittings - 15% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2014 155,775
Additions -
Disposals (13,953)
Revaluations -
Transfers -
At 31 October 2015 141,822
Depreciation
At 1 November 2014 120,493
Charge for the year 8,089
On disposals (12,555)
At 31 October 2015 116,027
Net book values
At 31 October 2015 25,795
At 31 October 2014 35,282
3Creditors
2015
£
2014
£
Secured Debts 328 5,311
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
5Ordinary shares of £1 each 5 5