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Registered Number SC518313

DELTA-POINT SOLUTIONS LIMITED

Abbreviated Accounts

31 October 2016

DELTA-POINT SOLUTIONS LIMITED Registered Number SC518313

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016
£
Current assets
Debtors 9,838
Cash at bank and in hand 31,078
40,916
Creditors: amounts falling due within one year (14,554)
Net current assets (liabilities) 26,362
Total assets less current liabilities 26,362
Total net assets (liabilities) 26,362
Capital and reserves
Called up share capital 2 100
Profit and loss account 26,262
Shareholders' funds 26,362
  • For the year ending 31 October 2016 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 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.

Approved by the Board on 14 July 2017

And signed on their behalf by:
Miss C A Ritchie, Director

DELTA-POINT SOLUTIONS LIMITED Registered Number SC518313

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is measured on a non - discounted basis.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
100 Ordinary shares of £1 each 100

3Transactions with directors

Name of director receiving advance or credit: Miss C A Ritchie
Description of the transaction: Directors Loan account
Balance at 20 October 2015: -
Advances or credits made: £ 2,800
Advances or credits repaid: -
Balance at 31 October 2016: £ 2,800

The loan is interest free and repayable on demand.