Registered Number
:
07413756
|
For the year ended 31 October 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2017
Dechrau Disglair Ltd.
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Dechrau Disglair Ltd.
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
213,366
222,474
2
213,366
222,474
Trade and other receivables
|
1,676
1,976
3
32,004
Cash and cash equivalents
|
24,611
26,587
33,680
Trade and other payables
:
amounts falling due within one year
|
(62,815)
(34,089)
4
(29,135)
(7,502)
Net current liabilities
Total assets less current liabilities
|
205,864
193,339
Trade and other payables
:
amounts falling due after more than one year
|
(149,983)
(149,983)
5
55,881
Net assets
43,356
3
3
55,878
43,353
55,881
43,356
Shareholders' funds
For the year ended 31 October 2017 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 of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
These financial statements were approved and authorised for issue by the Board on 22 July 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 October 2017
Dechrau Disglair Ltd.
Notes to the Financial Statements
Statutory Information
Dechrau Disglair Ltd
.
is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
07413756
.
|
Hafren Hall
Station Road
St Clears
Carmarthenshire
SA33 5QJ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
102
'
The
|
Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The financial statements have
|
been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and buildings
Plant and machinery
Computer equipment
Fixtures and fittings
No depreciation is provided on the company
''
s freehold properties since in the opinion of the directors the expected useful lives are
|
sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial
.
The directors
|
undertake an annual impairment review of these properties
.
|
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
For the year ended 31 October 2017
Dechrau Disglair Ltd.
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
275,594
1,555
77,727
24,108
172,204
1,916
428
-
1,488
-
25,596
77,727
1,983
277,510
172,204
Provision for depreciation and impairment
|
53,120
1,555
37,911
13,654
-
Charge for year
11,024
42
7,730
3,252
-
64,144
1,597
45,641
16,906
-
172,204
8,690
32,086
386
213,366
172,204
10,454
39,816
-
222,474
3
.
Trade and other receivables
|
2016
2017
1,976
1,676
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
Taxation and social security
|
8,743
8,446
25,346
54,369
34,089
62,815
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2016
2017
149,983
149,983
6
.
Related party transactions
|
The company is controlled by the directors
,
Mr RM Davies
,
Mrs E E Davies and Miss E Davies
,
by virtue of their
100
%
interest in the
|
company
'
s issued share capital
.
|
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