Dunedin St Annes Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09167108 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st August 2018

for

DUNEDIN ST ANNES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D P Kelly

Mr C C Baker

REGISTERED OFFICE:

163a Warwick Road

Olton

Solihull

West Midlands

B92 7AR

REGISTERED NUMBER:

09167108 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

CURRENT ASSETS

Stocks

3

-

804,481

Debtors

4

84,998

11,241

Cash at bank and in hand

13

10

85,011

815,732

CREDITORS

Amounts falling due within one year

5

746,352

1,388,375

NET CURRENT LIABILITIES

(661,341

)

(572,643

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(661,341

)

(572,643

)

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

(661,343

)

(572,645

)

SHAREHOLDERS' FUNDS

(661,341

)

(572,643

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 31st May 2019 and were signed on its behalf by:

Mr D P Kelly - Director

1.	STATUTORY INFORMATION

Dunedin St Annes 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

3.

STOCKS

2018

2017

£

£

Work-in-progress

-

804,481

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

80,313

(1

)

Directors' loan accounts

1,350

1,250

VAT

3,335

9,992

84,998

11,241

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other loans (see note 6)

372,462

1,015,000

Trade creditors

1,540

950

Other creditors

371,455

371,405

Accrued expenses

895

1,020

746,352

1,388,375

6.

LOANS

An analysis of the maturity of loans is given below:

2018

2017

£

£

Amounts falling due within one year or on demand:

Other loans

372,462

1,015,000

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

1

2

2

8.

RESERVES

Retained

earnings

£

At 1st September 2017

(572,645

)

Deficit for the year

(88,698

)

At 31st August 2018

(661,343

)