Abbreviated Company Accounts - DIACRON LIMITED

03126527 DIACRON LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 03126527 2013-01-01 2013-12-31 03126527 2013-12-31 03126527 2012-12-31 03126527 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 03126527 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 03126527

DIACRON LIMITED

Abbreviated Accounts

31 December 2013

DIACRON LIMITED Registered Number 03126527

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	5,581	7,981
		5,581	7,981
Current assets
Stocks		43,600	43,600
Debtors		309,734	81,315
Cash at bank and in hand		41,994	25,235
		395,328	150,150
Creditors: amounts falling due within one year		(309,183)	(67,027)
Net current assets (liabilities)		86,145	83,123
Total assets less current liabilities		91,726	91,104
Total net assets (liabilities)		91,726	91,104
Capital and reserves
Called up share capital	3	40,738	40,738
Profit and loss account		50,988	50,366
Shareholders' funds		91,726	91,104

For the year ending 31 December 2013 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 2014

And signed on their behalf by:
Richard Nava, Director

DIACRON LIMITED Registered Number 03126527

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 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:
Fixtures, Fittings and Office Equipment: 20% straight line

Other accounting policies
Foreign currencies
Transactions denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Assets and liabilities in foreign currencies are translated into sterling at rates of exchange ruling at the end of the financial year. All exchange differences are dealt with in the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2013	63,584
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	63,584
Depreciation
At 1 January 2013	55,603
Charge for the year	2,400
On disposals	-
At 31 December 2013	58,003
Net book values
At 31 December 2013	5,581
At 31 December 2012	7,981

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

	2013 £	2012 £
40,738 Ordinary shares of £1 each	40,738	40,738