Dacorar Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03154781 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

DACORAR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N R S Bostock

Mrs J R Bostock

C J Whelan

REGISTERED OFFICE:

Aberdeen House

South Road

Haywards Heath

West Sussex

RH16 4NG

REGISTERED NUMBER:

03154781 (England and Wales)

ACCOUNTANTS:

D A CLARK & CO. LTD.

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

FIXED ASSETS

Investments

2

2

2

CURRENT ASSETS

Debtors

3

2,471,332

3,094,753

Cash at bank

30,832

11,703

2,502,164

3,106,456

CREDITORS

Amounts falling due within one year

4

(106

)

588,689

NET CURRENT ASSETS

2,502,270

2,517,767

TOTAL ASSETS LESS CURRENT LIABILITIES

2,502,272

2,517,769

CAPITAL AND RESERVES

Called up share capital

70,000

70,000

Retained earnings

2,432,272

2,447,769

SHAREHOLDERS' FUNDS

2,502,272

2,517,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	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.

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 March 2019 and were signed on its behalf by:

N R S Bostock - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

2.	FIXED ASSET INVESTMENTS

Own

shares

£

COST

At 1 July 2017

and 30 June 2018

2

NET BOOK VALUE

At 30 June 2018

2

At 30 June 2017

2

3.

DEBTORS

30.6.18

30.6.17

£

£

Amounts falling due within one year:

Trade debtors

933

80,157

Amounts falling due after more than one year:

Other debtors

2,470,399

3,014,596

Aggregate amounts

2,471,332

3,094,753

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade creditors

422

158,964

Tax

(3,764

)

216,764

Directors' current accounts

-

208,366

Accrued expenses

3,236

4,595

(106

)

588,689

5.	RELATED PARTY DISCLOSURES

Included within debtors is a balance of £2,469,420 (2017: £3,014,351) due from Dacorar (Southern) Limited and

a balance of £979 (2017 £245l) due from Dacorar (Southern) Management Company Limited, both related

companies.

N R S Bostock, Mrs J R Bostock and C J Whelan are all directors of Dacorar (Southern) Limited and Dacorar

(Southern) Management Company Limited - both being wholly owned subsidiaries of Dacorar Limited.