Abbreviated Company Accounts - DIVINE STAR LIMITED

DIVINE STAR LIMITED - Company Information

Registered Number 08294124

DIVINE STAR LIMITED

Abbreviated Accounts

30 November 2016

DIVINE STAR LIMITED Registered Number 08294124

Abbreviated Balance Sheet as at 30 November 2016

	2016	2015
	£	£
Current assets
Cash at bank and in hand	1	2,332
	1	2,332
Net current assets (liabilities)	1	2,332
Total assets less current liabilities	1	2,332
Total net assets (liabilities)	1	2,332
Capital and reserves
Called up share capital	1	1
Profit and loss account	0	2,331
Shareholders' funds	1	2,332

For the year ending 30 November 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 14 August 2017

And signed on their behalf by:
Deborah Uzoeto, Director

DIVINE STAR LIMITED Registered Number 08294124

Notes to the Abbreviated Accounts for the period ended 30 November 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 Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided, after taking into account any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings – 2% on cost or revalued amounts. Plant and Machinery – 15% on cost, Fixtures and fittings – 10% on cost, Motor vehicles – 25% on cost

Intangible assets amortisation policy
Intangible fixed assets (including purchase goodwill and patents) are amortised at rates calculated to write off assets on a straight basis over their useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.