DPR Global Ltd
|
Registered number: |
08063058
|
Abbreviated Balance Sheet |
as at 31 May 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
55,000 |
|
|
55,000 |
Tangible assets |
3 |
|
|
1,565 |
|
|
1,684 |
|
|
|
|
56,565 |
|
|
56,684 |
|
Current assets |
Stocks |
|
|
4,320 |
|
|
3,232 |
Debtors |
|
|
14,172 |
|
|
21,716 |
Cash at bank and in hand |
|
|
11,531 |
|
|
7,330 |
|
|
|
30,023 |
|
|
32,278 |
|
Creditors: amounts falling due within one year |
|
|
(50,180) |
|
|
(62,244) |
|
Net current liabilities |
|
|
|
(20,157) |
|
|
(29,966) |
|
Net assets |
|
|
|
36,408 |
|
|
26,718 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
3 |
|
|
3 |
Profit and loss account |
|
|
|
36,405 |
|
|
26,715 |
|
Shareholders' funds |
|
|
|
36,408 |
|
|
26,718 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Paul Zanutto |
Director |
Approved by the board on 20 February 2017
|
|
DPR Global Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 May 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line
|
|
Addition to land and building |
25% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
55,000 |
|
At 31 May 2016 |
55,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 May 2016 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
55,000 |
|
At 31 May 2015 |
55,000 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
7,345 |
|
Additions |
2,084 |
|
At 31 May 2016 |
9,429 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
5,661 |
|
Charge for the year |
2,203 |
|
At 31 May 2016 |
7,864 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
1,565 |
|
At 31 May 2015 |
1,684 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
3 |
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
|
Paul Zanutto, one of the director of DPR Global Ltd is also the director and 50% shareholder of Divine Food UK Ltd. The company registered in England and Wales. |
|
|
The total purchases included £1,388 from Divind Food UK Ltd. |
|
|
6 |
Directors's transactions |
|
|
The company operated the loan account with the directors of the company during the year. |
|
The movements on these loan accounts were as follows: |
|
|
|
|
Paul |
David |
Robin |
|
|
Zanutto |
Bladen |
Richmond |
|
|
£ |
£ |
£ |
|
|
Opening bal as at 01.06.2015 |
10487 |
|
12592 |
|
10487 |
|
|
Movements |
(1,976) |
|
(4,366) |
|
(2,298) |
|
|
Closing bal as at 31.05.2016 |
8,511 |
|
8,226 |
|
8,189 |
|
|
|
|
|
|
|