Diehl Metering Limited - Accounts to registrar (filleted) - small 18.2
Diehl Metering Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Audited Financial Statements |
for the Year Ended 31 December 2019 |
for |
Diehl Metering Limited |
Diehl Metering Limited (Registered number: 02402340) |
Contents of the Financial Statements |
for the Year Ended 31 December 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Diehl Metering Limited |
Company Information |
for the Year Ended 31 December 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditors |
Newland House |
The Point |
Weaver Road |
LINCOLN |
Lincolnshire |
LN6 3QN |
BANKERS: |
10 Harewood Avenue |
LONDON |
NW1 6AA |
Diehl Metering Limited (Registered number: 02402340) |
Balance Sheet |
31 December 2019 |
31/12/19 | 31/12/18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 on its behalf by: |
Diehl Metering Limited (Registered number: 02402340) |
Notes to the Financial Statements |
for the Year Ended 31 December 2019 |
1. | STATUTORY INFORMATION |
Diehl Metering Limited is a |
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 |
Turnover |
Turnover represents net invoiced sale of goods and services, excluding value added tax. |
Tangible fixed assets |
Office equipment | - |
Financial instruments |
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial |
liabilities are recognised in the accounts only when the entity becomes party to the contractual |
provisions of the instrument and their measurement basis is as follows: |
Financial assets - trade and other debtors are basic financial instruments and are debt |
instruments measured at amortised cost. Prepayments are not financial instruments. |
Cash at bank is classified as a basic financial instrument and is measured at transaction price. |
Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments |
and are measured at amortised cost. Where a financial liability constitutes a financing transaction |
it is initially and subsequently measured at the present value of future payments, discounted at a |
market rate of interest. |
Deferred income is not deemed to be a financial liability, as the cash settlement has already taken |
place and there is an obligation to deliver services rather than cash or another financial |
instrument. |
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. |
Diehl Metering Limited (Registered number: 02402340) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2019 |
2. | ACCOUNTING POLICIES - continued |
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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Office |
equipment |
£ |
COST |
At 1 January 2019 |
and 31 December 2019 |
DEPRECIATION |
At 1 January 2019 |
Charge for year |
At 31 December 2019 |
NET BOOK VALUE |
At 31 December 2019 |
At 31 December 2018 |
Diehl Metering Limited (Registered number: 02402340) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2019 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/19 | 31/12/18 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
VAT |
Accrued income |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/19 | 31/12/18 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
Accrued expenses |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31/12/19 | 31/12/18 |
value: | £ | £ |
Ordinary | £1 | 30,000 | 30,000 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | RELATED PARTY DISCLOSURES |
During the year the company entered into transactions with other companies connected to the |
ultimate holding company. In accordance with FRS 102, the company is exempt from disclosing |
these transactions in detail as they are disclosed within the financial statements of the ultimate |
holding company. |
10. | ULTIMATE CONTROLLING PARTY |
The shares are owned 100% by Diehl Metering GmbH who are controlled by Diehl Verwaltungs -Stiftung. |
Diehl Metering Limited (Registered number: 02402340) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2019 |
11. | IMMEDIATE AND ULTIMATE PARENT COMPANY |
The immediate parent company is Diehl Metering GmbH. |
The directors regard Diehl Verwaltungs - Stiftung, a company incorporated in Germany, as the |
ultimate parent company. Consolidated accounts can be obtained from the address below. |
Diehl Verwaltungs -Stiftung |
D-90478 |
Nurnberg, |
Germany |