Registered Number 02672473

DISCOVER BRITAIN LIMITED

Abbreviated Accounts

31 January 2016

DISCOVER BRITAIN LIMITED Registered Number 02672473

Abbreviated Balance Sheet as at 31 January 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 696 870
696 870
Current assets
Debtors 6,800 18,510
6,800 18,510
Creditors: amounts falling due within one year (34,989) (44,845)
Net current assets (liabilities) (28,189) (26,335)
Total assets less current liabilities (27,493) (25,465)
Total net assets (liabilities) (27,493) (25,465)
Capital and reserves
Called up share capital 3 2 2
Profit and loss account (27,495) (25,467)
Shareholders' funds (27,493) (25,465)
  • For the year ending 31 January 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 29 October 2016

And signed on their behalf by:
Dal Boo Kim, Director

DISCOVER BRITAIN LIMITED Registered Number 02672473

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

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 and equipment - 20% reducing balance

Other accounting policies
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.


Going Concern :
The financial statements are prepared on a going concern basis.
The company is dependent on the continuing support of a related company. The director is not aware of any circumstances which could cause this support to be withdrawn.

2Tangible fixed assets
£
Cost
At 1 February 2015 6,571
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2016 6,571
Depreciation
At 1 February 2015 5,701
Charge for the year 174
On disposals -
At 31 January 2016 5,875
Net book values
At 31 January 2016 696
At 31 January 2015 870
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1,000 Ordinary shares of £1 each 1,000 1,000
2 Ordinary shares of £1 each 2 2
2 Ordinary shares of £1 each 2 2