Abbreviated Company Accounts - DESIGNERGEARINT LTD

Abbreviated Company Accounts - DESIGNERGEARINT LTD


Registered Number 09734738

DESIGNERGEARINT LTD

Abbreviated Accounts

31 August 2016

DESIGNERGEARINT LTD Registered Number 09734738

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016
£
Current assets
Stocks 325
Debtors 1,000
Cash at bank and in hand 13,182
14,507
Creditors: amounts falling due within one year (10,183)
Net current assets (liabilities) 4,324
Total assets less current liabilities 4,324
Total net assets (liabilities) 4,324
Capital and reserves
Called up share capital 2 1,000
Profit and loss account 3,324
Shareholders' funds 4,324
  • For the year ending 31 August 2016 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 11 May 2017

And signed on their behalf by:
LINARA KRINCIUTE, Director

DESIGNERGEARINT LTD Registered Number 09734738

Notes to the Abbreviated Accounts for the period ended 31 August 2016

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 Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Valuation information and policy
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
1,000 Ordinary shares of £1 each 1,000