Company Registration No. 02182312 (England and Wales)
DUKELIGHT LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
PAGES FOR FILING WITH REGISTRAR
DUKELIGHT LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
DUKELIGHT LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 SEPTEMBER 2018
30 September 2018
- 1 -
2018
2017
Notes
£
£
£
£
Current assets
Trade and other receivables
2
-
156,662
Net current assets
-
156,662
Equity
Called up share capital
100
100
Retained earnings
(100)
156,562
Total equity
-
156,662
The directors of the company have elected not to include a copy of the income statement within the financial statements.
true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 27 June 2019 and are signed on its behalf by:
Mr N Greenwood
Director
Company Registration No. 02182312
DUKELIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2018
- 2 -
1
Accounting policies
Company information
Dukelight Limited is a
private
company
limited by shares
incorporated in England and Wales
.
The registered office is
The TLC Building, Newton Road, Crawley, West Sussex, RH10 9TS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £
1
.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include
debtors
, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost
.
1.3
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
All called up share capital is allotted and fully paid.
1.4
Leases
Rentals payable under operating leases,
including
any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.
2
Trade and other receivables
2018
2017
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
-
156,662
3
Audit report information
As the income statement has been omitted from the filing copy of the financial statements the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006
:
The auditor's report was unqualified.
DUKELIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2018
3
Audit report information
(Continued)
- 3 -
The senior statutory auditor was Tony Summers BA FCA.
The auditor was MHA Carpenter Box.
4
Operating lease commitments
Lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2018
2017
£
£
96,239
113,784
Operating lease rentals are recharged to, and paid, by the parent company.
5
Parent company
For the year ended 30 September 2018, the ultimate controlling party was considered to be TLC (Southern) Limited who own 100% of the issued share capital.