Abbreviated Company Accounts - DYNAMIC BOOSTING SYSTEMS LIMITED

DYNAMIC BOOSTING SYSTEMS LIMITED - Company Information

05443517 DYNAMIC BOOSTING SYSTEMS LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 05443517 2015-12-01 2016-11-30 05443517 2016-11-30 05443517 2015-11-30 05443517 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 05443517 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 05443517

DYNAMIC BOOSTING SYSTEMS LIMITED

Abbreviated Accounts

30 November 2016

DYNAMIC BOOSTING SYSTEMS LIMITED Registered Number 05443517

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,657	1
		4,657	1
Current assets
Debtors		9,058	30,785
Cash at bank and in hand		298,491	71,459
		307,549	102,244
Creditors: amounts falling due within one year		(57,969)	(36,769)
Net current assets (liabilities)		249,580	65,475
Total assets less current liabilities		254,237	65,476
Total net assets (liabilities)		254,237	65,476
Capital and reserves
Called up share capital	3	815	406
Share premium account		1,575,789	1,376,198
Profit and loss account		(1,322,367)	(1,311,128)
Shareholders' funds		254,237	65,476

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 4 August 2017

And signed on their behalf by:
M R S Etemad, Director

DYNAMIC BOOSTING SYSTEMS LIMITED Registered Number 05443517

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures fittings & equipment - 33% per annum on cost

Intangible assets amortisation policy
Research expenditure is written off to the profit and loss account in the year in which it is incurred.

2Tangible fixed assets

	£
Cost
At 1 December 2015	2,721
Additions	6,980
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	9,701
Depreciation
At 1 December 2015	2,720
Charge for the year	2,324
On disposals	-
At 30 November 2016	5,044
Net book values
At 30 November 2016	4,657
At 30 November 2015	1

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

	2016 £	2015 £
814,389 Ordinary shares of £0.001 each (406,226 shares for 2015)	814	406