Company Registration No. 02986353 (England and Wales)
DEVFLAME LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
DEVFLAME LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
DEVFLAME LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
50
70
Current assets
Creditors: amounts falling due within one year
(471)
(290)
Net current liabilities
(471)
(290)
Total assets less current liabilities
(421)
(220)
Capital and reserves
Called up share capital
3
10
10
Profit and loss account
(431)
(230)
Shareholders' funds
(421)
(220)
For the financial year ended 31 March 2015 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 her 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 7 December 2015
Mrs M S Kealey-Bennett
Director
Company Registration No. 02986353
DEVFLAME LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 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 April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
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:
Office equipment
25% on reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014 & at 31 March 2015
2,491
Depreciation
At 1 April 2014
2,421
Charge for the year
20
At 31 March 2015
2,441
Net book value
At 31 March 2015
50
At 31 March 2014
70
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
10 Ordinary of £1 each
10
10