Decahedron Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07732039 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 August 2015

for

Decahedron Ltd

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

N Lazarou

REGISTERED OFFICE:

161 Lancaster Road

Enfield

Middlesex

EN2 0JN

REGISTERED NUMBER:

07732039 (England and Wales)

ACCOUNTANTS:

Lee Christian & Co Ltd

Chartered Certified Accountants

161 Lancaster Road

Enfield

Middlesex

EN2 0JN

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Decahedron Ltd for the year ended 31 August 2015 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 member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Decahedron Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Decahedron Ltd and state those matters that we have agreed to state to the director of Decahedron Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Decahedron Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Decahedron Ltd. You consider that Decahedron Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Decahedron Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lee Christian & Co Ltd

Chartered Certified Accountants

161 Lancaster Road

Enfield

Middlesex

EN2 0JN

20 May 2016

FIXED ASSETS

Tangible assets

2

17,653

19,749

CURRENT ASSETS

Stocks

138,406

330,201

Debtors

154,462

204,718

Cash at bank and in hand

51,099

11,105

343,967

546,024

CREDITORS

Amounts falling due within one year

207,569

415,859

NET CURRENT ASSETS

136,398

130,165

TOTAL ASSETS LESS CURRENT
LIABILITIES

154,051

149,914

PROVISIONS FOR LIABILITIES

3,531

3,950

NET ASSETS

150,520

145,964

CAPITAL AND RESERVES

Called up share capital

3

140,961

Profit and loss account

9,559

5,003

SHAREHOLDERS' FUNDS

150,520

145,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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 20 May 2016 and were signed by:

N Lazarou - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, 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.

Short leasehold

-

straight line over the life of the lease

Fixtures, fittings & equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net

realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow

moving, obsolete or damaged stock where the net realisable value is less than cost.

Deferred tax

Deferred tax arises as a result of the inclusion of income and expenditure in the taxation computations in periods

different from those in which they are included in the company's accounts. Deferred tax is provided in full on

timing differences which result in an obligation to pay more/(less) tax at a future date, at the average rates of tax

that are expected to apply when the timing differences reverse, based on laws and tax rates currently in force.

The deferred tax thus calculated, is measured on a non-discounted basis.

Deferred tax is not provided on timing differences which arise from the revaluation of fixed assets provided there

is no commitment to sell the relevant assets.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

35,175

Additions

2,094

At 31 August 2015

37,269

DEPRECIATION

At 1 September 2014

15,426

Charge for year

4,190

At 31 August 2015

19,616

NET BOOK VALUE

At 31 August 2015

17,653

At 31 August 2014

19,749

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

140,000

Ordinary A

£1

140,000

1

B Shares

£1

1

200

C Shares

£1

200

D Shares

£1

200

210

E Shares

£1

210

F Shares

£1

210

140

G Shares

£1

140

140,961

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2015 and

31 August 2014:

2015

2014

£

N Lazarou

Balance outstanding at start of year

33,607

35,813

Amounts advanced

179,688

94,104

Amounts repaid

(181,858

)

(96,310

)

Balance outstanding at end of year

31,437

33,607

Interest has been charged on loans by the company at the average official rate of interest.

5.	PARTICULARS OF A MORTGAGE OR CHARGE

There is a registered charge securing all monies due or becoming due to USF Nominees Limited under the terms

of the rent deposit deed in relation to the lease of Unit 11 Spire Green Centre Harlow.