DIRECT LINEN TEXTILES INTERNATIONAL LTD

DIRECT LINEN TEXTILES INTERNATIONAL LTD

DIRECT LINEN TEXTILES INTERNATIONAL LTD - Company Information

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DIRECT LINEN TEXTILES INTERNATIONAL LTD

Company Registration Number:
06659881 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2018

Period of accounts

Start date: 01 October 2017

End date: 30 September 2018

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Contents of the Financial Statements

for the Period Ended 30 September 2018

Balance sheet
Notes

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Balance sheet

As at 30 September 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 2 10,000 10,000
Tangible assets: 3 199,178 207,023
Total fixed assets: 209,178 217,023
Current assets
Stocks: 468,816 405,880
Debtors:   9,355 1,226
Cash at bank and in hand: 11,612 14,434
Total current assets: 489,783 421,540
Creditors: amounts falling due within one year:   (391,277) (346,364)
Net current assets (liabilities): 98,506 75,176
Total assets less current liabilities: 307,684 292,199
Total net assets (liabilities): 307,684 292,199
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 297,684 282,199
Shareholders funds: 307,684 292,199

The notes form part of these financial statements

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Balance sheet statements

For the year ending 30 September 2018 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 June 2019
and signed on behalf of the board by:

Name: MR AKEEL ALBASRI
Status: Director

The notes form part of these financial statements

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2018

2. Intangible Assets

Total
Cost £
At 01 October 2017 10,000
At 30 September 2018 10,000
Net book value
At 30 September 2018 10,000
At 30 September 2017 10,000

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2018

3. Tangible Assets

Total
Cost £
At 01 October 2017 497,127
Additions 22,423
At 30 September 2018 519,550
Depreciation
At 01 October 2017 290,104
Charge for year 30,268
At 30 September 2018 320,372
Net book value
At 30 September 2018 199,178
At 30 September 2017 207,023