DJR_NATIONWIDE_LIMITED - Accounts

DJR NATIONWIDE LIMITED - Company Information

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Company Registration No. 08489196 (England and Wales)

DJR NATIONWIDE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

DJR NATIONWIDE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

DJR NATIONWIDE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

9,819

9,481

Current assets

Debtors

15,163

11,147

Cash at bank and in hand

1,170

1,509

16,333

12,656

Creditors: amounts falling due within one year

(8,564)

(11,117)

Net current assets

7,769

1,539

Total assets less current liabilities

17,588

11,020

Creditors: amounts falling due after more than one year

(16,057)

(8,108)

1,531

2,912

Capital and reserves

Called up share capital

Profit and loss account

1,530

2,911

Shareholders' funds

1,531

2,912

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 13 July 2016

Mr D J Riley

Director

Company Registration No. 08489196

DJR NATIONWIDE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The director is not aware of any material uncertainties affecting the company and considers that the company will have sufficient resources to continue trading for the foreseeable future. As a result the director has continued to adopt the going concern basis in preparing the financial statements.

1.2

Turnover

Turnover represents amounts receivable for services provided.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 April 2015

16,662

Additions

3,555

At 31 March 2016

20,217

Depreciation

At 1 April 2015

7,181

Charge for the year

3,217

At 31 March 2016

10,398

Net book value

At 31 March 2016

9,819

At 31 March 2015

9,481

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £0 (2015 - £3,290).

DJR NATIONWIDE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £0 (2015 - £8,108).

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary share of £1 each

Related party relationships and transactions

Loan from the director

Transactions in respect of a loan from the director during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr D J Riley - Director loan

5,529

12,119

15,155

2,493

5,529

12,119

15,155

2,493

The director has provided a limited personal guarantee to the company's bankers in respect of the company's outstanding bank loan.