Direct Payments Payroll Service Ltd Filleted accounts for Companies House (small and micro)

DIRECT PAYMENTS PAYROLL SERVICE LIMITED - Company Information

false false false false false false false false false true false false false false false false false No description of principal activity 2018-07-01 Sage Accounts Production Advanced 2018 - FRS xbrli:pure xbrli:shares iso4217:GBP 03216270 2018-07-01 2019-06-30 03216270 2019-06-30 03216270 2017-07-01 2018-06-30 03216270 2018-06-30 03216270 bus:Director1 2018-07-01 2019-06-30 03216270 core:WithinOneYear 2019-06-30 03216270 core:WithinOneYear 2018-06-30 03216270 core:ShareCapital 2019-06-30 03216270 core:ShareCapital 2018-06-30 03216270 core:RetainedEarningsAccumulatedLosses 2019-06-30 03216270 core:RetainedEarningsAccumulatedLosses 2018-06-30 03216270 bus:SmallEntities 2018-07-01 2019-06-30 03216270 bus:AuditExemptWithAccountantsReport 2018-07-01 2019-06-30 03216270 bus:FullAccounts 2018-07-01 2019-06-30 03216270 bus:SmallCompaniesRegimeForAccounts 2018-07-01 2019-06-30 03216270 bus:PrivateLimitedCompanyLtd 2018-07-01 2019-06-30

COMPANY REGISTRATION NUMBER: 03216270

Direct Payments Payroll Service Ltd

Filleted Unaudited Financial Statements

30 June 2019

Direct Payments Payroll Service Ltd

Statement of Financial Position

30 June 2019

	2019		2018
Note	£	£	£

Current assets

Debtors	5	12,697	12,703
Cash at bank and in hand		26,807	26,354
		--------	--------
		39,504	39,057

Creditors: amounts falling due within one year	6	12,101		11,831
		--------		--------
Net current assets			27,403	27,226
			--------	--------
Total assets less current liabilities			27,403	27,226
			--------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	27,401	27,224
	--------	--------
Shareholders funds	27,403	27,226
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 17 February 2020 , and are signed on behalf of the board by:

Mr A Kendal
Director

Company registration number: 03216270

Direct Payments Payroll Service Ltd

Notes to the Financial Statements

Year ended 30 June 2019

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Earlstrees Court, Corby, Northants, NN17 4AX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2018: 2 ).

5. Debtors

	2019	2018
	£	£
Trade debtors	12,044	11,094
Other debtors	653	1,609
	--------	--------
	12,697	12,703
	--------	--------

6. Creditors: amounts falling due within one year

	2019	2018
	£	£
Trade creditors	11,436	11,557
Social security and other taxes	665	–
Other creditors	–	274
	--------	--------
	12,101	11,831
	--------	--------