Abbreviated Company Accounts - DOOR SYSTEM AS LTD

DOOR SYSTEM AS LTD - Company Information

09306517 DOOR SYSTEM AS LTD 2015-12-31 false 2014-11-11 2015-12-31 true 09306517 2014-11-11 2015-12-31 09306517 2015-12-31 09306517 uk-gaap-cd-bus:Director1 2014-11-11 2015-12-31 09306517 uk-gaap-cd-bus:Director2 2014-11-11 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-11 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP shares

Registered Number 09306517

DOOR SYSTEM AS LTD

Abbreviated Accounts

31 December 2015

DOOR SYSTEM AS LTD Registered Number 09306517

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	25,437
		25,437
Current assets
Stocks		2,393
Debtors		73,307
Cash at bank and in hand		2,371
		78,071
Creditors: amounts falling due within one year		(139,844)
Net current assets (liabilities)		(61,773)
Total assets less current liabilities		(36,336)
Total net assets (liabilities)		(36,336)
Capital and reserves
Called up share capital	3	1
Profit and loss account		(36,337)
Shareholders' funds		(36,336)

For the year ending 31 December 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 6 June 2016

And signed on their behalf by:
Mr P O Sondergaard, Director

DOOR SYSTEM AS LTD Registered Number 09306517

Notes to the Abbreviated Accounts for the period ended 31 December 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.

The company has cash resources but is reliant on the support of the parent company who provides working capital when required. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting is appropriate in preparing the annual financial statements.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT 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 less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery 20% straight line
Motor vehicles 25% straight line

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Tangible fixed assets

	£
Cost
Additions	26,003
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	26,003
Depreciation
Charge for the year	566
On disposals	-
At 31 December 2015	566
Net book values
At 31 December 2015	25,437

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

	2015 £
1 Ordinary shares of £1 each	1