ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
FOR |
DORCOM LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
FOR |
DORCOM LIMITED |
DORCOM LIMITED (REGISTERED NUMBER: 01159952) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the year ended 30 September 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
DORCOM LIMITED |
COMPANY INFORMATION |
for the year ended 30 September 2014 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
BANKERS: |
DORCOM LIMITED (REGISTERED NUMBER: 01159952) |
ABBREVIATED BALANCE SHEET |
30 September 2014 |
2014 | 2013 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors | 3 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
DORCOM LIMITED (REGISTERED NUMBER: 01159952) |
ABBREVIATED BALANCE SHEET - continued |
30 September 2014 |
The financial statements were approved by the director on |
DORCOM LIMITED (REGISTERED NUMBER: 01159952) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the year ended 30 September 2014 |
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 goods and rental and maintenance charges, excluding value added tax. |
Tangible fixed assets |
Leasehold improvements | - |
Office equipment | - |
Motor vehicles | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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 |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
capital element of the future payments is treated as a liability. |
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 makes contributions to defined contribution pension schemes. Contributions payable for the year |
are charged in the profit and loss account. |
Leased assets as lessor |
Installations are treated as 'sold on finance leases' and deemed to be sold at the normal end user price. These |
values are included in turnover at the inception of the lease. Income from finance lease rentals is recognised |
over the primary period of the lease (14 years) to give a constant rate of return on the outstanding net cash |
investment. |
Whilst the reporting entity retains legal ownership of the leased asset, the asset is, in substance, the property of |
the lessee, given that the lessee receives the risks and rewards associated with the asset. |
DORCOM LIMITED (REGISTERED NUMBER: 01159952) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the year ended 30 September 2014 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 October 2013 |
Additions |
Disposals | ( |
) |
At 30 September 2014 |
DEPRECIATION |
At 1 October 2013 |
Charge for year |
Eliminated on disposal | ( |
) |
At 30 September 2014 |
NET BOOK VALUE |
At 30 September 2014 |
At 30 September 2013 |
3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
The aggregate total of debtors falling due after more than one year is £ |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
During the year the comapny made net repayments to the director Mr D Berman totalling £21,328. |
The company paid dividends totalling £29,500. |
At 30 September 2014 the company owed the director £2,772 (2013 - £24,100). |