DB Costings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04850906 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST JULY 2016

FOR

DB COSTINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr D Burke

Mrs C M Burke

SECRETARY:

Mrs C M Burke

REGISTERED OFFICE:

Britannic House

657 Liverpool Road

Irlam

Greater Manchester

M44 5XD

BUSINESS ADDRESS:

25 Shetland Way

Urmston

Manchester

Greater Manchester

M41 7FS

REGISTERED NUMBER:

04850906 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

BANKERS:

Santander Bank plc

Business Banking Centre

Abbey National House

301 St Vincent Street

Glasgow

G2 5NB

FIXED ASSETS

Tangible assets

2

306

383

306

383

CURRENT ASSETS

Debtors

36,153

51,424

Cash at bank

4,121

6,144

40,274

57,568

CREDITORS

Amounts falling due within one year

39,212

42,696

NET CURRENT ASSETS

1,062

14,872

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,368

15,255

PROVISIONS FOR LIABILITIES

25

33

NET ASSETS

1,343

15,222

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

1,243

15,122

SHAREHOLDERS' FUNDS

1,343

15,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6th February 2017 and were signed on its behalf
by:

Mr D Burke - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2015

and 31st July 2016

4,170

DEPRECIATION

At 1st August 2015

3,787

Charge for year

77

At 31st July 2016

3,864

NET BOOK VALUE

At 31st July 2016

306

At 31st July 2015

383

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

100

Ordinary

£1

100