Accounts


	DIRECT GLOBAL SOLUTIONS LIMITED


	ABBREVIATED UNAUDITED ACCOUNTS


	FOR THE YEAR ENDED 30 APRIL 2016
























	INDEX TO THE ACCOUNTS



	Pages

	1	Abbreviated Balance Sheet

	2-3	Notes to the Abbreviated Accounts

DIRECT GLOBAL SOLUTIONS LIMITED
Company registered number: 08015172
ABBREVIATED BALANCE SHEET
AT 30 April 2016

	Note		2016	2015
		£	£	£
FIXED ASSETS
Intangible assets	2		10,500	10,500
Tangible Assets	3		2,275	1,881
			12,775	12,381

CURRENT ASSETS
Debtors falling due within one year		15,804		1,142
Cash at bank and in hand		13,808		15,993
		29,612		17,135
CREDITORS: Amounts falling due within one year		25,882		19,274
NET CURRENT ASSETS/(LIABILITIES)			3,730	(2,139)
NET ASSETS			£16,505	£10,242

CAPITAL AND RESERVES
Profit and loss account			16,505	10,242
SHAREHOLDERS' FUNDS			£16,505	£10,242


	In approving these financial statements as director of the company I hereby confirm the following:
	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	Directors' responsibilities:
	1) The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
	2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

	The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

	These abbreviated accounts were approved by the board of directors on 30 June 2016



	G D Taylor, Director


	The notes on pages 2 to 3 form part of these accounts
	page 1

	NOTES TO THE ABBREVIATED ACCOUNTS
	FOR THE YEAR ENDED 30 APRIL 2016



1a.	Basis of accounting

	The financial statements have been prepared under the historical cost convention.



1b.	Intangible fixed assets: research and development

	Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.



1c.	Tangible fixed assets

	Fixed assets are shown at historical cost.

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%



1d.	Taxation

	Corporation tax payable is provided on taxable profits at the current rate.



1e.	Turnover

	Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.

	page 2

	DIRECT GLOBAL SOLUTIONS LIMITED
	NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 30 APRIL 2016

page 3