Company Registration No. 09493426 (England and Wales)
Donhou Bicycles Ltd
Unaudited accounts
for the year ended 31 March 2017
Donhou Bicycles Ltd
Unaudited accounts
Contents
Donhou Bicycles Ltd
Company Information
for the year ended 31 March 2017
Director
Mr Thomas Donhou
Company Number
09493426 (England and Wales)
Registered Office
86b Main Yard (unit 14)
Wallis Road
London
E9 5LN
Accountants
Mrs Rebecca Gates FCCA
Gates Accountancy and Business Services
18 Fifers Lane
Nowich
Norfolk
NR6 7AF
Donhou Bicycles Ltd
Statement of financial position
as at
31 March 2017
Cash at bank and in hand
3,596
10,554
Creditors: amounts falling due within one year
(8,782)
(18,445)
Net current (liabilities)/assets
(2,316)
2,244
Total assets less current liabilities
(2,316)
2,244
Creditors: amounts falling due after more than one year
(6,737)
-
Net (liabilities)/assets
(9,053)
2,244
Profit and loss account
(9,053)
2,244
Shareholders' funds
(9,053)
2,244
For the year ending 31 March 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 23 August 2017.
Mr Thomas Donhou
Director
Company Registration No. 09493426
Donhou Bicycles Ltd
Notes to the Accounts
for the year ended 31 March 2017
Donhou Bicycles Ltd is a private company, limited by shares, registered in England and Wales, registration number 09493426. The registered office and principal place of business is 86b Main Yard (unit 14), Wallis Road, London, E9 5LN.
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 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 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.
4
Transactions with related parties
In other creditors there is a cash loan for £6,737 from Michael Donhou, father to director Thomas Donhou, to Donhou Bicycles Ltd.
It is hoped that this loan will be paid off but not within 12 months. There is currently no timescale nor repayment plan and will continue to be disclosed as along term creditor.
5
Average number of employees
During the year the average number of employees was 1 (2016: 1).