Company Registration No. 9183434 (England and Wales)
DIGON PROPERTY SERVICES LTD
Unaudited accounts
for the year ended 31 August 2020
DIGON PROPERTY SERVICES LTD
Unaudited accounts
Contents
DIGON PROPERTY SERVICES LTD
Company Information
for the year ended 31 August 2020
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 2020
Tangible assets
13,093
9,559
Cash at bank and in hand
4,664
2,038
Creditors: amounts falling due within one year
(31,016)
(14,338)
Net current liabilities
(21,542)
(8,944)
Net (liabilities)/assets
(8,449)
615
Called up share capital
200
200
Profit and loss account
(8,649)
415
Shareholders' funds
(8,449)
615
For the year ending 31 August 2020 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.
The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2020 and were signed on its behalf by
Mr D Morton
Director
Company Registration No. 9183434
DIGON PROPERTY SERVICES LTD
Notes to the Accounts
for the year ended 31 August 2020
DIGON PROPERTY SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 9183434. The registered office 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2019
9,898
14,900
24,798
Additions
-
16,973
16,973
Disposals
-
(6,011)
(6,011)
At 31 August 2020
9,898
25,862
35,760
At 1 September 2019
6,350
8,889
15,239
Charge for the year
639
6,789
7,428
At 31 August 2020
6,989
15,678
22,667
At 31 August 2020
2,909
10,184
13,093
At 31 August 2019
3,548
6,011
9,559
Raw materials
3,136
3,136
DIGON PROPERTY SERVICES LTD
Notes to the Accounts
for the year ended 31 August 2020
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Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
10,000
1,829
Obligations under finance leases and hire purchase contracts
10,047
-
Trade creditors
1,948
1,948
Taxes and social security
9,021
10,561
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Average number of employees
During the year the average number of employees was 0 (2019: 0).