Abbreviated Company Accounts - DYNAMIC BOOSTING SYSTEMS LIMITED

DYNAMIC BOOSTING SYSTEMS LIMITED - Company Information

05443517 DYNAMIC BOOSTING SYSTEMS LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 05443517 2014-12-01 2015-11-30 05443517 2015-11-30 05443517 2014-11-30 05443517 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 05443517 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 05443517

DYNAMIC BOOSTING SYSTEMS LIMITED

Abbreviated Accounts

30 November 2015

DYNAMIC BOOSTING SYSTEMS LIMITED Registered Number 05443517

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1	1
		1	1
Current assets
Debtors		30,785	51,561
Cash at bank and in hand		71,459	126,926
		102,244	178,487
Creditors: amounts falling due within one year		(36,769)	(12,254)
Net current assets (liabilities)		65,475	166,233
Total assets less current liabilities		65,476	166,234
Total net assets (liabilities)		65,476	166,234
Capital and reserves
Called up share capital	3	406	397
Share premium account		1,376,198	1,299,407
Profit and loss account		(1,311,128)	(1,133,570)
Shareholders' funds		65,476	166,234

For the year ending 30 November 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 2 March 2016

And signed on their behalf by:
M R S Etemad, Director

DYNAMIC BOOSTING SYSTEMS LIMITED Registered Number 05443517

Notes to the Abbreviated Accounts for the period ended 30 November 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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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

Fixtures, fittings and equipment - 33% per annum on cost.

Other accounting policies
Research and development

Research expenditure is written off to the profit and loss account in the year in which it is incurred.

2Tangible fixed assets

	£
Cost
At 1 December 2014	2,721
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	2,721
Depreciation
At 1 December 2014	2,720
Charge for the year	-
On disposals	-
At 30 November 2015	2,720
Net book values
At 30 November 2015	1
At 30 November 2014	1

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
406,226 Ordinary shares of £0.001 each (396,626 shares for 2014)	406	397

During the year 9,600 shares of £0.001 were issued at a premium.