D N Automotive Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04111559 (England and Wales)

D N Automotive Ltd

Abbreviated Unaudited Accounts

For The Year Ended 31st December 2015

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

CURRENT ASSETS

Debtors

15,296

9,669

Cash at bank

7,454

5,259

22,750

14,928

CREDITORS

Amounts falling due within one year

14,608

10,661

NET CURRENT ASSETS

8,142

4,267

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,142

4,267

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

8,141

4,266

SHAREHOLDERS' FUNDS

8,142

4,267

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 25th May 2016 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 January 2015).

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 2015

and 31st December 2015

8,735

DEPRECIATION

At 1st January 2015

and 31st December 2015

8,735

NET BOOK VALUE

At 31st December 2015

-

At 31st December 2014

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31st December 2014:

2015

2014

£

D J Neagle

Balance outstanding at start of year

9,669

9,560

Amounts advanced

35,544

30,869

Amounts repaid

(35,390

)

(30,760

)

Balance outstanding at end of year

9,823

9,669

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