REGISTERED NUMBER: 03502345 (England and Wales)

Abbreviated Accounts for the Year Ended 28 February 2014

for

DMP Systems Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Preece

SECRETARY:

Mrs G A Preece

REGISTERED OFFICE:

Easter House

Great Bavington

Northumberland

NE19 2BN

REGISTERED NUMBER:

03502345 (England and Wales)

ACCOUNTANTS:

J M TAYLOR

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Tangible assets

2

895

395

CURRENT ASSETS

Debtors

22,466

18,739

Cash at bank

420

3,195

22,886

21,934

CREDITORS

Amounts falling due within one year

23,659

20,614

NET CURRENT (LIABILITIES)/ASSETS

(773

)

1,320

TOTAL ASSETS LESS CURRENT LIABILITIES

122

1,715

PROVISIONS FOR LIABILITIES

20

31

NET ASSETS

102

1,684

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

100

1,682

SHAREHOLDERS' FUNDS

102

1,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 November 2014 and were signed by:

D Preece - 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 April 2008).

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 cost

Computer equipment

-

25% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

12,330

Additions

799

At 28 February 2014

13,129

DEPRECIATION

At 1 March 2013

11,935

Charge for year

299

At 28 February 2014

12,234

NET BOOK VALUE

At 28 February 2014

895

At 28 February 2013

395

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

2

Ordinary

1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2014 and

28 February 2013:

28.2.14

28.2.13

£

£

D Preece

Balance outstanding at start of year

-

-

Amounts advanced

6,289

-

Amounts repaid

-

-

Balance outstanding at end of year

6,289

-