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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST OCTOBER 2017 |
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DJI PROPERTY SERVICES LTD |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST OCTOBER 2017 |
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FOR |
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DJI PROPERTY SERVICES LTD |
DJI PROPERTY SERVICES LTD (REGISTERED NUMBER: 09257646) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31st October 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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DJI PROPERTY SERVICES LTD |
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COMPANY INFORMATION |
For The Year Ended 31st October 2017 |
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Directors: |
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Registered office: |
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Registered number: |
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Accountant: |
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102 High Street |
New Whittington |
Chesterfield |
Derbyshire |
S43 2AL |
DJI PROPERTY SERVICES LTD (REGISTERED NUMBER: 09257646) |
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BALANCE SHEET |
31st October 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors | 6 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
8 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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ensuring that the company keeps 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 Sections 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. |
DJI PROPERTY SERVICES LTD (REGISTERED NUMBER: 09257646) |
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BALANCE SHEET - continued |
31st October 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
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DJI PROPERTY SERVICES LTD (REGISTERED NUMBER: 09257646) |
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NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31st October 2017 |
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1. | STATUTORY INFORMATION |
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DJI Property Services Ltd is a
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company's registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Goodwill |
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Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
less any accumulated amortisation and any accumulated impairment losses. |
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Tangible fixed assets |
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Plant and machinery | - |
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Motor vehicles | - |
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IT equipment and software | - |
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Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
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Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
bringing stocks to their present location and condition. |
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Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
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The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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DJI PROPERTY SERVICES LTD (REGISTERED NUMBER: 09257646) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31st October 2017 |
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4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1st November 2016 |
and 31st October 2017 |
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AMORTISATION |
At 1st November 2016 |
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Amortisation for year |
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At 31st October 2017 |
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NET BOOK VALUE |
At 31st October 2017 |
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At 31st October 2016 |
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5. | TANGIBLE FIXED ASSETS |
IT |
equipment |
Plant and | Motor | and |
machinery | vehicles | software | Totals |
£ | £ | £ | £ |
COST |
At 1st November 2016 |
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Additions |
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Disposals |
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At 31st October 2017 |
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DEPRECIATION |
At 1st November 2016 |
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Charge for year |
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Eliminated on disposal |
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At 31st October 2017 |
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NET BOOK VALUE |
At 31st October 2017 |
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At 31st October 2016 |
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DJI PROPERTY SERVICES LTD (REGISTERED NUMBER: 09257646) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31st October 2017 |
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5. | TANGIBLE FIXED ASSETS - continued |
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Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Plant and | Motor |
machinery | vehicles | Totals |
£ | £ | £ |
COST |
At 1st November 2016 |
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Additions |
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Disposals |
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At 31st October 2017 |
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DEPRECIATION |
At 1st November 2016 |
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Charge for year |
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Eliminated on disposal |
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( |
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At 31st October 2017 |
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NET BOOK VALUE |
At 31st October 2017 |
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At 31st October 2016 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
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Other debtors |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Bank loans and overdrafts |
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Hire purchase contracts |
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Trade creditors | ( |
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Taxation and social security |
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Other creditors |
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8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2017 | 2016 |
£ | £ |
Bank loans |
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Hire purchase contracts |
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DJI PROPERTY SERVICES LTD (REGISTERED NUMBER: 09257646) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31st October 2017 |
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9. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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2017 | 2016 |
£ | £ |
Bank loans |
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Hire purchase contracts | 63,451 | 9,646 |
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10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to directors subsisted during the years ended 31st October 2017 and |
31st October 2016: |
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2017 | 2016 |
£ | £ |
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Balance outstanding at start of year | ( |
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Amounts advanced |
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Amounts repaid |
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Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
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DJI Property Services was previously the sole trade of D J Iwanejko. On 9th October 2014 the business was |
incorporated. All assets, liabilities and cash at bank were brought into the company accounts at book values and |
goodwill was recorded in respect of the customer list. The goodwill is considered to have a useful life of five |
years based on similar trades. |
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11. | ULTIMATE CONTROLLING PARTY |
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The two directors hold all voting rights equally and control of the company is by joint decision. |