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Registration number: 08294336

DMO Investments Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2014
 

PMA Accountants Limited
86 - 90 Paul Street
London
EC2A 4NE

 

DMO Investments Limited
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3 to 4

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
DMO Investments Limited
for the Year Ended 31 December 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DMO Investments Limited for the year ended 31 December 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of DMO Investments Limited, as a body, in accordance with the terms of our engagement letterdated 8 March 2015. Our work has been undertaken solely to prepare for your approval the accounts of DMO Investments Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DMO Investments Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that DMO Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DMO Investments Limited. You consider that DMO Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of DMO Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

PMA Accountants Limited
86 - 90 Paul Street
London
EC2A 4NE

10 March 2015

 

DMO Investments Limited
(Registration number: 08294336)
Abbreviated Balance Sheet at 31 December 2014

   

Note

   

31 December 2014
£

   

31 December 2013
£

 

Fixed assets

 

             

Intangible fixed assets

 

   

1,711

   

2,644

 

Tangible fixed assets

 

   

2,538

   

720

 
   

   

4,249

   

3,364

 

Current assets

 

             

Debtors

 

   

35,328

   

5,785

 

Cash at bank and in hand

 

   

8,974

   

613

 
   

   

44,302

   

6,398

 

Creditors: Amounts falling due within one year

 

   

(14,434)

   

(5,616)

 

Net current assets

 

   

29,868

   

782

 

Net assets

 

   

34,117

   

4,146

 

Capital and reserves

 

             

Called up share capital

 

3

   

100

   

100

 

Profit and loss account

 

   

34,017

   

4,046

 

Shareholders' funds

 

   

34,117

   

4,146

 

For the year ending 31 December 2014 the company was entitled to exemption 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 director acknowledges his 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 .

Approved by the director on 10 March 2015

.........................................
Mr David Merry
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

 

DMO Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Amortisation

Other intangible assets are a registration number plate. It is amortised to profit and loss account over its estimated economic life of 3 years.

Asset class

Amortisation method and rate

Intangible Assets

3 years

Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Asset class

Depreciation method and rate

Plant and machinery

3 years

Fixtures & Fittings

3 years

2

Fixed assets

 

DMO Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

   

Intangible assets
£

   

Tangible assets
£

   

Total
£

 

Cost

                 

At 1 January 2014

 

2,800

   

800

   

3,600

 

Additions

 

-

   

2,471

   

2,471

 

At 31 December 2014

 

2,800

   

3,271

   

6,071

 

Depreciation

                 

At 1 January 2014

 

156

   

80

   

236

 

Charge for the year

 

933

   

653

   

1,586

 

At 31 December 2014

 

1,089

   

733

   

1,822

 

Net book value

                 

At 31 December 2014

 

1,711

   

2,538

   

4,249

 

At 31 December 2013

 

2,644

   

720

   

3,364

 

3

Share capital

Allotted, called up and fully paid shares

 

31 December 2014

31 December 2013

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

100

   

100

   

100

   

100

 
                         

4

Related party transactions

Director's advances and credits

 

Year ended 31 December 2014
Advance/ Credit
£

Year ended 31 December 2014
Repaid
£

15 November 2012 to 31 December 2013
Advance/ Credit
£

15 November 2012 to 31 December 2013
Repaid
£

Mr David Merry

Loan to Director

15,198

15,198

4,718

4,718