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REGISTERED NUMBER: 05170335 (England and Wales)



















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

DIGIFLEX LIMITED

DIGIFLEX LIMITED (REGISTERED NUMBER: 05170335)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

DIGIFLEX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTORS: A Cane
Mrs C Cane





SECRETARY: T Cane





REGISTERED OFFICE: The Ash
3 White House Mews
Rayleigh
Essex
SS6 7JT





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 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 197,641 107,337

CURRENT ASSETS
Stocks 556,973 514,996
Debtors 154,803 163,643
Cash at bank 121,193 173,020
832,969 851,659
CREDITORS
Amounts falling due within one year 597,316 617,113
NET CURRENT ASSETS 235,653 234,546
TOTAL ASSETS LESS CURRENT
LIABILITIES

433,294

341,883

PROVISIONS FOR LIABILITIES 36,940 20,612
NET ASSETS 396,354 321,271

CAPITAL AND RESERVES
Called up share capital 3 1,500 1,500
Profit and loss account 394,854 319,771
SHAREHOLDERS' FUNDS 396,354 321,271

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 7 December 2015 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 2015

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).

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.

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.

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 2015

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 178,152
Additions 131,173
At 31 March 2015 309,325
DEPRECIATION
At 1 April 2014 70,815
Charge for year 40,869
At 31 March 2015 111,684
NET BOOK VALUE
At 31 March 2015 197,641
At 31 March 2014 107,337

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
1,000 Ordinary 1 1,000 1,000
500 B Shares £1 500 500
1,500 1,500