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REGISTERED NUMBER: 00866283 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 31st December 2013

for

Design Assemblies Company Limited
Design Assemblies Company Limited (Registered number: 00866283)






Contents of the Abbreviated Accounts
for the Year Ended 31st December 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3
Design Assemblies Company Limited

Company Information
for the Year Ended 31st December 2013







DIRECTOR: L W Fletcher





SECRETARY: L W Fletcher





REGISTERED OFFICE: 28 The Martlets
Rustington
West Sussex
BN16 2TY





REGISTERED NUMBER: 00866283 (England and Wales)





ACCOUNTANTS: Matthews Hanton Limited
93 Aldwick Road
Bognor Regis
West Sussex
PO21 2NW
Design Assemblies Company Limited (Registered number: 00866283)

Abbreviated Balance Sheet
31st December 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 6,902 8,699

CURRENT ASSETS
Stocks 72,833 51,500
Debtors 195,906 238,740
Cash at bank - 18,004
268,739 308,244
CREDITORS
Amounts falling due within one year 326,894 338,906
NET CURRENT LIABILITIES (58,155 ) (30,662 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(51,253
)
(21,963
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (51,353 ) (22,063 )
SHAREHOLDERS' FUNDS (51,253 ) (21,963 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19th August 2014 and were signed by:





L W Fletcher - Director

Design Assemblies Company Limited (Registered number: 00866283)

Notes to the Abbreviated Accounts
for the Year Ended 31st December 2013

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).

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.

Plant and machinery etc - 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.

Foreign currencies
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 rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st January 2013 205,605
Additions 503
At 31st December 2013 206,108
DEPRECIATION
At 1st January 2013 196,906
Charge for year 2,300
At 31st December 2013 199,206
NET BOOK VALUE
At 31st December 2013 6,902
At 31st December 2012 8,699
Design Assemblies Company Limited (Registered number: 00866283)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31st December 2013

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
100 Ordinary £1 100 100

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Mr L W Fletcher charged the company £1,040 (2012: £1,040) for the use of his home as an office.

At the year end the company owed the director £145,152 (2012: £131,112) being the balance outstanding on his
loan account.

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