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REGISTERED NUMBER: 05170335 (England and Wales)



















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

DIGIFLEX LIMITED

DIGIFLEX LIMITED (REGISTERED NUMBER: 05170335)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

DIGIFLEX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTORS: A Cane
Mrs C Cane





SECRETARY: T Cane





REGISTERED OFFICE: 15 Eldon Way
Hockley
Essex
SS5 4AD





REGISTERED NUMBER: 05170335 (England and Wales)





ACCOUNTANTS: Baverstocks
Chartered Accountants
Dickens House
Guithavon Street
Witham
Essex
CM8 1BJ

DIGIFLEX LIMITED (REGISTERED NUMBER: 05170335)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 159,879 197,641

CURRENT ASSETS
Stocks 516,521 556,973
Debtors 406,644 154,803
Cash at bank 426,548 121,193
1,349,713 832,969
CREDITORS
Amounts falling due within one year 851,761 597,316
NET CURRENT ASSETS 497,952 235,653
TOTAL ASSETS LESS CURRENT
LIABILITIES

657,831

433,294

PROVISIONS FOR LIABILITIES 29,854 36,940
NET ASSETS 627,977 396,354

CAPITAL AND RESERVES
Called up share capital 3 1,500 1,500
Profit and loss account 626,477 394,854
SHAREHOLDERS' FUNDS 627,977 396,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 8 December 2016 and were signed on its behalf
by:



A Cane - Director


DIGIFLEX LIMITED (REGISTERED NUMBER: 05170335)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016

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 January 2015).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Turnover
Turnover represents net invoiced sales of goods, 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 reducing balance
Office Equipment - 25% on reducing balance

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.

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.

Employee benefit trusts
The Company has created a trust whose beneficiaries will include employees of the Company and their
dependents. Assets held under this trust will be controlled by trustees who will be acting independently and
entirely at their own discretion.
Where assets are held in the trust and these are considered by the Company to be in respect of services already
provided by employees to the Company, the Company will account for these as assets of the trust when payment
is made to the trust. The value transferred will be charged in the Company's profit and loss account for the year
to which it relates.

DIGIFLEX LIMITED (REGISTERED NUMBER: 05170335)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 309,325
Additions 15,532
At 31 March 2016 324,857
DEPRECIATION
At 1 April 2015 111,684
Charge for year 53,294
At 31 March 2016 164,978
NET BOOK VALUE
At 31 March 2016 159,879
At 31 March 2015 197,641

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1,000 Ordinary 1 1,000 1,000
500 B Shares £1 500 500
1,500 1,500