Registration number:
D.J. Limbrey Distilling Co. Limited
for the Year Ended 31 December 2017
Chartered Accountant
Rainbow Tree House
3 Denbigh Close
Chislehurst
Kent
BR7 5EB
D.J. Limbrey Distilling Co. Limited
Contents
Company Information |
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Abridged Balance Sheet |
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Notes to the Abridged Financial Statements |
D.J. Limbrey Distilling Co. Limited
Company Information
Directors |
Mr Dominic James Limbrey Mrs Chai Lin Limbrey |
Company secretary |
Mrs Chai Lin Limbrey |
Registered office |
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Registration Number |
08839579 |
Accountants |
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Page 1 |
D.J. Limbrey Distilling Co. Limited
(Registration number:
08839579
)
Abridged Balance Sheet as at 31 December 2017
Note |
2017 |
2016 |
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Current assets |
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Stocks |
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Debtors |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Accruals and deferred income |
( |
( |
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Net assets/(liabilities) |
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( |
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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Profit and loss account |
( |
( |
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Total equity |
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( |
For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
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D.J. Limbrey Distilling Co. Limited
(Registration number:
08839579
)
Abridged Balance Sheet as at 31 December 2017
Approved and authorised by the
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Page 3 |
D.J. Limbrey Distilling Co. Limited
Notes to the Abridged Financial Statements for the Year Ended 31 December 2017
General information |
The company is a private company limited by share capital incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. There were no material departures from that Standard.
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
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D.J. Limbrey Distilling Co. Limited
Notes to the Abridged Financial Statements for the Year Ended 31 December 2017
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Investments |
DJ Limbrey Distilling Company (Hong Kong) Limited was incorporated on 28/03/2014 with a share capital of HK$1. It has not traded but has incurred some administrative costs funded by a loan of £550 from DJ Limbrey Distilling Company Ltd.
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2017 |
2016 |
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Subsidiary undertakings |
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Ordinary Shares |
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Hong Kong |
The principal activity of DJ Limbrey Distilling Company (Hong Kong) Limited is |
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