Registered Number
:
09754584
|
For the year ended 31 August 2017
England and Wales
Unaudited Financial Statements
DE Property Limited
Statement of Financial Position
2016
2017
463,533
463,964
2
Trade and other receivables
|
129
-
3
860
Cash and cash equivalents
|
3,285
467,249
464,522
Trade and other payables
:
amounts falling due within one year
|
(366,349)
(374,915)
4
98,173
92,334
Net current assets
Total assets less current liabilities
|
92,334
98,173
Trade and other payables
:
amounts falling due after more than one
|
year
|
(101,735)
(101,735)
5
(9,401)
Net liabilities
(3,562)
100
100
(9,501)
(3,662)
(9,401)
(3,562)
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
These financial statements were approved and authorised for issue by the Board on 23 May 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 August 2017
DE Property Limited
Notes to the Financial Statements
Statutory Information
DE Property Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
09754584
.
|
14 Sheen Park
Richmond
Surrey
TW9 1UW
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention
.
|
Revenue recognition
Turnover comprises the invoiced value of goods supplied by the company, net of Value Added Tax in the normal course of business.
|
Inventories
Stocks are valued at the lower of cost and net realisable value. Cost includes all direct expenditures and an appropriate proportion of fixed and variable overheads. Net realisable value is based on selling price less anticipated costs to completion and selling costs.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
2016
2017
463,964
463,533
3
.
Trade and other receivables
|
2016
2017
-
129
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For the year ended 31 August 2017
DE Property Limited
Notes to the Financial Statements Continued
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
374,915
366,349
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2016
2017
101,735
101,735
6
.
Related party transactions
|
The directors
,
Douglas Lee and Elizabeth Lek has material interest in Axcellion Limited
,
a company incorporated in England
|
and Wales
.
|
At the balance sheet date
,
the amount of £
101
,
735
(
2016
:
£
101
,
735
)
was owed to Axcellion Limited
.
|
The company is controlled by Mr Douglas Lee and Mrs Elizabeth Lek by virtue of their combined shareholding in the company
.
|
7
.
Average number of persons employed
|
There were no staff employed during the year and in the previous period.
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