Company Registration No. 09111137 (England and Wales)
Dabrowski Design Ltd
Abbreviated unaudited accounts
for the year ended 31 July 2016
Dabrowski Design Ltd
Abbreviated Balance Sheet
as at
31 July 2016
Tangible assets
6,577
1,898
Cash at bank and in hand
16,386
10,426
Creditors: amounts falling due within one year
(12,443)
(14,352)
Net current assets
9,432
4,014
Total assets less current liabilities
16,009
5,912
Provisions for liabilities
(936)
(380)
Called up share capital
2
2
Profit and loss account
15,071
5,530
Total shareholders' funds
15,073
5,532
For the year ending 31 July 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 5 April 2017
Borys Dabrowski
Director
Company Registration No. 09111137
Dabrowski Design Ltd
Notes to the Abbreviated Accounts
for the year ended 31 July 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Charge for the year
2,347
3
Share capital
2016
2015
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2