Company Registration No. 05557823 (England and Wales)
DYNAMIC BESPOKE PROPERTIES LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
DYNAMIC BESPOKE PROPERTIES LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
DYNAMIC BESPOKE PROPERTIES LTD
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
4,109
978
Current assets
Debtors
229,417
149,454
Creditors: amounts falling due within one year
(443,977)
(341,202)
Net current liabilities
(214,560)
(191,748)
Total assets less current liabilities
(210,451)
(190,770)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
(210,452)
(190,771)
Shareholders' funds
(210,451)
(190,770)
For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 6 June 2017
Mr A Arabi
Director
Company Registration No. 05557823
DYNAMIC BESPOKE PROPERTIES LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for rent net of VAT and trade discounts.rent net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
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, as follows:
Plant and machinery
33% straight line
Computer equipment
33% straight line
Fixtures, fittings & equipment
33% straight line
1.4
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2015
1,624
Additions
4,021
At 30 September 2016
5,645
Depreciation
At 1 October 2015
646
Charge for the year
890
At 30 September 2016
1,536
Net book value
At 30 September 2016
4,109
At 30 September 2015
978
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1