Abbreviated Company Accounts - DOMONEY LIMITED

Abbreviated Company Accounts - DOMONEY LIMITED


Registered Number 04674417

DOMONEY LIMITED

Abbreviated Accounts

31 December 2015

DOMONEY LIMITED Registered Number 04674417

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 - -
Tangible assets 3 200 200
200 200
Current assets
Stocks - 13,750
Debtors 95,735 58,770
Cash at bank and in hand 51,364 49,055
147,099 121,575
Creditors: amounts falling due within one year (113,687) (117,689)
Net current assets (liabilities) 33,412 3,886
Total assets less current liabilities 33,612 4,086
Total net assets (liabilities) 33,612 4,086
Capital and reserves
Called up share capital 4 1 1
Profit and loss account 33,611 4,085
Shareholders' funds 33,612 4,086
  • 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 29 September 2016

And signed on their behalf by:
D Domoney, Director

DOMONEY LIMITED Registered Number 04674417

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
Turnover represents amounts receivable for goods and services net VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less 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:
Land and buildings Leasehold - None
Fixtures, fittings and equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets
£
Cost
At 1 January 2015 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 30,000
Amortisation
At 1 January 2015 30,000
Charge for the year -
On disposals -
At 31 December 2015 30,000
Net book values
At 31 December 2015 0
At 31 December 2014 0
3Tangible fixed assets
£
Cost
At 1 January 2015 19,927
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 19,927
Depreciation
At 1 January 2015 19,727
Charge for the year -
On disposals -
At 31 December 2015 19,727
Net book values
At 31 December 2015 200
At 31 December 2014 200
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1Ordinary shares of £1 each 1 1