Abbreviated Company Accounts - DIRECT VIEW WINDOWS LIMITED

DIRECT VIEW WINDOWS LIMITED - Company Information

Registered Number 03604901

DIRECT VIEW WINDOWS LIMITED

Abbreviated Accounts

31 December 2015

DIRECT VIEW WINDOWS LIMITED Registered Number 03604901

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	66,001	82,501
Tangible assets	3	373,833	378,770
		439,834	461,271
Current assets
Stocks		12,200	12,000
Debtors		123,200	147,462
Cash at bank and in hand		61,140	43,489
		196,540	202,951
Creditors: amounts falling due within one year		(116,273)	(134,580)
Net current assets (liabilities)		80,267	68,371
Total assets less current liabilities		520,101	529,642
Creditors: amounts falling due after more than one year		(173,099)	(188,084)
Provisions for liabilities		(2,821)	(1,719)
Total net assets (liabilities)		344,181	339,839
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		343,181	338,839
Shareholders' funds		344,181	339,839

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 19 August 2016

And signed on their behalf by:
A E Williams, Director
P Bennett, Director

DIRECT VIEW WINDOWS LIMITED Registered Number 03604901

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.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property - 2% straight line basis
Plant & Equipment - 15% - 25% on reducing balance basis
Motor Vehicles - 25% on reducing balance basis

2Intangible fixed assets

	£
Cost
At 1 January 2015	330,001
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	330,001
Amortisation
At 1 January 2015	247,500
Charge for the year	16,500
On disposals	-
At 31 December 2015	264,000
Net book values
At 31 December 2015	66,001
At 31 December 2014	82,501

3Tangible fixed assets

	£
Cost
At 1 January 2015	583,275
Additions	8,054
Disposals	(7,400)
Revaluations	-
Transfers	-
At 31 December 2015	583,929
Depreciation
At 1 January 2015	204,505
Charge for the year	12,313
On disposals	(6,722)
At 31 December 2015	210,096
Net book values
At 31 December 2015	373,833
At 31 December 2014	378,770