Dudfield Drylining Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04284725

Unaudited Financial Statements

for the Year Ended 30 September 2018

for

Dudfield Drylining Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A T Dudfield

SECRETARY:

REGISTERED OFFICE:

10 Nailors Court

Back of Avon

Tewkesbury

Gloucestershire

GL20 5UR

REGISTERED NUMBER:

04284725

ACCOUNTANTS:

Trio Accountancy Services Ltd

19 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

FIXED ASSETS

Tangible assets

4

10,362

9,026

CURRENT ASSETS

Debtors

5

15,586

5,893

Cash at bank

850

2,933

16,436

8,826

CREDITORS

Amounts falling due within one year

6

25,218

10,206

NET CURRENT LIABILITIES

(8,782

)

(1,380

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,580

7,646

CREDITORS

Amounts falling due after more than one year

7

932

2,749

NET ASSETS

648

4,897

CAPITAL AND RESERVES

Called up share capital

1

1

Capital redemption reserve

(7,999

)

(7,999

)

Retained earnings

8,646

12,895

SHAREHOLDERS' FUNDS

648

4,897

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

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

The director acknowledges his 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 director on 28 February 2019 and were signed by:

A T Dudfield - Director

1.	STATUTORY INFORMATION

Dudfield Drylining Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2017

11,053

1,126

11,516

3,889

27,584

Additions

1,111

280

-

2,439

3,830

At 30 September 2018

12,164

1,406

11,516

6,328

31,414

DEPRECIATION

At 1 October 2017

7,191

1,024

7,265

3,078

18,558

Charge for year

605

15

1,062

812

2,494

At 30 September 2018

7,796

1,039

8,327

3,890

21,052

NET BOOK VALUE

At 30 September 2018

4,368

367

3,189

2,438

10,362

At 30 September 2017

3,862

102

4,251

811

9,026

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

1,952

2,185

Other debtors

13,634

3,708

15,586

5,893

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade creditors

(801

)

2,815

Tax

4,545

5,553

Directors' current accounts

21,474

1,838

25,218

10,206

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.18

30.9.17

£

£

Other loans - 1-2 years

932

2,749

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A T Dudfield.