Company Registration No. 9183434 (England and Wales)
DIGON PROPERTY SERVICES LTD
Unaudited accounts
for the year ended 31 August 2017
DIGON PROPERTY SERVICES LTD
Unaudited accounts
Contents
DIGON PROPERTY SERVICES LTD
Company Information
for the year ended 31 August 2017
Directors
Mr M Loughlin
Mr D Morton
Company Number
9183434 (England and Wales)
Registered Office
27 ALSTON CRESCENT
SUNDERLAND
SR6 8NQ
DIGON PROPERTY SERVICES LTD
Statement of financial position
as at
31 August 2017
Tangible assets
14,217
6,435
Cash at bank and in hand
1,624
3,343
Creditors: amounts falling due within one year
(30,650)
(20,346)
Net current liabilities
(24,782)
(6,195)
Net (liabilities)/assets
(10,565)
240
Called up share capital
200
200
Profit and loss account
(10,765)
40
Shareholders' funds
(10,565)
240
For the year ending 31 August 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 October 2017.
Mr M Loughlin
Director
Company Registration No. 9183434
DIGON PROPERTY SERVICES LTD
Notes to the Accounts
for the year ended 31 August 2017
DIGON PROPERTY SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 9183434. The registered office and principal place of business is 27 ALSTON CRESCENT, SUNDERLAND, SR6 8NQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
DIGON PROPERTY SERVICES LTD
Notes to the Accounts
for the year ended 31 August 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2016
9,898
-
9,898
Additions
-
14,900
14,900
At 31 August 2017
9,898
14,900
24,798
At 1 September 2016
3,463
-
3,463
Charge for the year
1,158
5,960
7,118
At 31 August 2017
4,621
5,960
10,581
At 31 August 2017
5,277
8,940
14,217
At 31 August 2016
6,435
-
6,435
Raw materials
2,492
2,492
Other debtors
1,752
6,472
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Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
12,823
-
Trade creditors
1,469
2,473
Taxes and social security
10,883
17,201
Loans from directors
4,802
-
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).