For the year ended 31 October 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07413756
Dechrau Disglair Ltd.
For the year ended 31 October 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Dechrau Disglair Ltd.
Accountants' Report
For the year ended 31 October 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
31
October
2016
|
and you consider that the company is exempt from an audit under the Companies Act
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you to fulfil your statutory
|
responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Patrick Barritt Tax Consultants Limited
Enfield House
Spring Gardens
Whitland
Carmarthenshire
SA34 0HP
1 of 4
Abbreviated Balance Sheet
|
Dechrau Disglair Ltd.
2016
2015
2
222,474
226,017
222,474
226,017
-
1,676
32,004
43,613
33,680
43,613
Creditors
:
amounts falling due within one year
|
(93,835)
(62,815)
(50,222)
(29,135)
Net current liabilities
Total assets less current liabilities
|
193,339
175,795
Creditors
:
amounts falling due after more than one year
|
(149,983)
(149,983)
43,356
Net assets
25,812
3
3
3
43,353
25,809
43,356
25,812
Shareholders funds
For the year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
|
2) 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 in accordance with the provisions applicable to companies subject to the small companies' regime.
Date approved by the board: 25 July 2017
|
Signed on behalf of the board of directors
|
2 of 4
Notes to the Abbreviated Financial Statements
|
Dechrau Disglair Ltd.
For the year ended 31 October 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders
|
prior to the balance sheet date
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and Buildings
Plant and Machinery
Computer Equipment
Fixtures and Fittings
No depreciation is provided on the company
'
s freehold properties since in the opinion of the directors the expected useful lives are
|
sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial
.
The directors
|
undertake an annual impairment review of these properties
.
|
3 of 4
Notes to the Abbreviated Financial Statements
|
Dechrau Disglair Ltd.
For the year ended 31 October 2016
267,942
7,652
275,594
41,925
11,195
Charge for year
53,120
222,474
226,017
Allotted called up and fully paid
|
2016
2015
3
Ordinary shares of £
1
.
00
each
|
3
3
3
3
4 of 4