Dourside Ltd - Limited company accounts 18.2

REGISTERED NUMBER: 10102596 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 April 2019

for

Dourside Ltd

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

S R Lawrence

G Kingsbury

SECRETARY:

REGISTERED OFFICE:

Unit C3

Knights Park Industrial Estate

Knight Road

Rochester

Kent

ME2 2LS

REGISTERED NUMBER:

10102596 (England and Wales)

ACCOUNTANTS:

I.B.C.

Unit C3 Knights Park Industrial Estate,

Knight Road,

Rochester,

Kent,

ME2 2LS.

The directors present their report with the financial statements of the company for the year ended 30 April 2019.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2018 to the date of this report.

S R Lawrence

G Kingsbury

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

S R Lawrence - Director

5 June 2019

TURNOVER

-

-

Administrative expenses

3,629

19,118

(3,629

)

(19,118

)

Other operating income

3,514

3,021

OPERATING LOSS

(115

)

(16,097

)

Interest receivable and similar income

1

10

LOSS BEFORE TAXATION

(114

)

(16,087

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(114

)

(16,087

)

FIXED ASSETS

Tangible assets

3

336,892

157,424

Investments

4

64

-

336,956

157,424

CURRENT ASSETS

Cash at bank

190,866

321

CREDITORS

Amounts falling due within one year

5

332,443

173,162

NET CURRENT LIABILITIES

(141,577

)

(172,841

)

TOTAL ASSETS LESS CURRENT LIABILITIES

195,379

(15,417

)

CREDITORS

Amounts falling due after more than one year

6

210,810

-

NET LIABILITIES

(15,431

)

(15,417

)

CAPITAL AND RESERVES

Called up share capital

100

-

Retained earnings

(15,531

)

(15,417

)

SHAREHOLDERS' FUNDS

(15,431

)

(15,417

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 5 June 2019 and were signed on its behalf by:

S R Lawrence - Director

1.	STATUTORY INFORMATION

Dourside Ltd 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.

Tangible fixed assets

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

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.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 May 2018

157,424

Additions

179,468

At 30 April 2019

336,892

NET BOOK VALUE

At 30 April 2019

336,892

At 30 April 2018

157,424

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.4.19

30.4.18

£

£

Incorporation Expenses

64

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade creditors

-

1

Tax

-

167

Directors' loan accounts

331,543

172,631

Accruals and deferred income

900

363

332,443

173,162

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.19

30.4.18

£

£

Mortgage

210,810

-