Abbreviated Company Accounts - DIGITAL DISPLAY SYSTEMS UK LIMITED

Abbreviated Company Accounts - DIGITAL DISPLAY SYSTEMS UK LIMITED


Registered Number 05554776

DIGITAL DISPLAY SYSTEMS UK LIMITED

Abbreviated Accounts

30 September 2014

DIGITAL DISPLAY SYSTEMS UK LIMITED Registered Number 05554776

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 7,933 10,578
7,933 10,578
Current assets
Stocks 39,752 26,696
Debtors 12,510 9,766
52,262 36,462
Creditors: amounts falling due within one year (42,507) (36,424)
Net current assets (liabilities) 9,755 38
Total assets less current liabilities 17,688 10,616
Creditors: amounts falling due after more than one year (2,137) (4,469)
Total net assets (liabilities) 15,551 6,147
Capital and reserves
Called up share capital 3 70 1
Profit and loss account 15,481 6,146
Shareholders' funds 15,551 6,147
  • For the year ending 30 September 2014 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 12 December 2014

And signed on their behalf by:
A D Roberton, Director

DIGITAL DISPLAY SYSTEMS UK LIMITED Registered Number 05554776

Notes to the Abbreviated Accounts for the period ended 30 September 2014

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.

2Tangible fixed assets
£
Cost
At 1 October 2013 40,780
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 40,780
Depreciation
At 1 October 2013 30,202
Charge for the year 2,645
On disposals -
At 30 September 2014 32,847
Net book values
At 30 September 2014 7,933
At 30 September 2013 10,578
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
70 Ordinary shares of £1 each (1 shares for 2013) 70 1