T J Darby Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09568616 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

T J Darby Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

6

DIRECTORS:

T J Darby

Mrs M Darby

SECRETARY:

REGISTERED OFFICE:

Charnwood Accountants LLP

The Point

Granite Way

Mountsorrel, Loughborough

Leicestershire

LE12 7TZ

REGISTERED NUMBER:

09568616 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Intangible assets

4

127,730

143,697

CURRENT ASSETS

Debtors

5

66,241

49,654

Cash at bank

5,093

9,262

71,334

58,916

CREDITORS

Amounts falling due within one year

6

198,124

199,615

NET CURRENT LIABILITIES

(126,790

)

(140,699

)

TOTAL ASSETS LESS CURRENT LIABILITIES

940

2,998

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

840

2,898

SHAREHOLDERS' FUNDS

940

2,998

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 25 March 2019 and were signed on its behalf by:

T J Darby - Director

1.	STATUTORY INFORMATION

T J Darby Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Turnover

Turnover represents net sales of goods and services and profit share from an interest in a Limited Liability

Partnership.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2017

and 30 June 2018

159,663

AMORTISATION

At 1 July 2017

15,966

Charge for year

15,967

At 30 June 2018

31,933

NET BOOK VALUE

At 30 June 2018

127,730

At 30 June 2017

143,697

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Other debtors

66,241

49,654

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Taxation and social security

16,399

18,275

Other creditors

181,725

181,340

198,124

199,615

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2018 and 30 June 2017:

30.6.18

30.6.17

£

£

T J Darby and Mrs M Darby

Balance outstanding at start of year

(21,677

)

(8,032

)

Amounts advanced

72,048

74,833

Amounts repaid

(72,433

)

(88,478

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(22,062

)

(21,677

)

8.	RELATED PARTY DISCLOSURES

The company also holds a share in Harlows Kidderminster LLP. During the year the company received income from

Harlows Kidderminster LLP amounting to £100,669 ( 2017 - £106,708 ).

At the end of the year Harlows Kidderminster LLP owed monies to the company of £66,241 ( 2017 - £49,654 ).

During the previous year T J Darby Ltd acquired an additional 10% share in Harlows Kidderminster LLP from

Harlow Bros Holdings Ltd one of the other partners of the Limited Liability partnership for the sum of £159,663.

At the end of the year the company owed Harlow Bros Holding Ltd the amount of £159,663 ( 2017 - £159,663 )..

9.	ULTIMATE CONTROLLING PARTY

The controlling party is T J Darby.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of T J Darby Limited for the year ended 30 June 2018 which comprise the Income Statement, Balance Sheet and

the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of T J Darby Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T J Darby Limited and state those matters that we have agreed to state to the Board of Directors of T J Darby Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T J Darby Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of T J Darby Limited. You consider that T J Darby Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T J Darby Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

25 March 2019