Company Registration No. 10526439 (England and Wales)
DNC PROPERTY ACC2 LIMITED
Unaudited accounts
for the year ended 31 August 2020
DNC PROPERTY ACC2 LIMITED
Unaudited accounts
Contents
DNC PROPERTY ACC2 LIMITED
Company Information
for the year ended 31 August 2020
Directors
MR DAVID GARY BAXENDALE
MR PAUL LLOYD WILD
Company Number
10526439 (England and Wales)
Registered Office
C/o Annette & Co. Suite F16
St George's Business Park
Castle Road, Sittingbourne
ME10 3TB
Accountants
Annette & Co.
28 Kittlegairy Crescent
Peebles
EH45 9NJ
DNC PROPERTY ACC2 LIMITED
Statement of financial position
as at
31 August 2020
Tangible assets
157,899
157,899
Cash at bank and in hand
2,017
98
Creditors: amounts falling due within one year
(51,672)
(57,333)
Net current liabilities
(49,655)
(57,235)
Total assets less current liabilities
108,244
100,664
Creditors: amounts falling due after more than one year
(107,600)
(107,600)
Net assets/(liabilities)
644
(6,936)
Called up share capital
10
10
Profit and loss account
634
(6,946)
Shareholders' funds
644
(6,936)
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 12 May 2021 and were signed on its behalf by
MR DAVID GARY BAXENDALE
Director
Company Registration No. 10526439
DNC PROPERTY ACC2 LIMITED
Notes to the Accounts
for the year ended 31 August 2020
DNC PROPERTY ACC2 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10526439. The registered office is C/o Annette & Co. Suite F16, St George's Business Park, Castle Road, Sittingbourne, ME10 3TB.
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:
4
Tangible fixed assets
Land & buildings
Cost or valuation
At cost
At 1 September 2019
157,899
At 31 August 2020
157,899
At 31 August 2020
157,899
At 31 August 2019
157,899
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
1,774
435
Other creditors
2,150
2,150
Loans from directors
47,748
54,748
DNC PROPERTY ACC2 LIMITED
Notes to the Accounts
for the year ended 31 August 2020
6
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
107,600
107,600
7
Share capital
2020
2019
Allotted, called up and fully paid:
10 OWL HOLDINGS GROUP LTD of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).