DB9 Properties Limited - Accounts to registrar (filleted) - small 18.2
DB9 Properties Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH FEBRUARY 2020 |
FOR |
DB9 PROPERTIES LIMITED |
DB9 PROPERTIES LIMITED (REGISTERED NUMBER: 04990474) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH FEBRUARY 2020 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
DB9 PROPERTIES LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 28TH FEBRUARY 2020 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1349/1353 London Road |
Leigh-on-Sea |
Essex |
SS9 2AB |
DB9 PROPERTIES LIMITED (REGISTERED NUMBER: 04990474) |
STATEMENT OF FINANCIAL POSITION |
28TH FEBRUARY 2020 |
2020 | 2019 |
Notes | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 6 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
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. |
DB9 PROPERTIES LIMITED (REGISTERED NUMBER: 04990474) |
STATEMENT OF FINANCIAL POSITION - continued |
28TH FEBRUARY 2020 |
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 |
DB9 PROPERTIES LIMITED (REGISTERED NUMBER: 04990474) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH FEBRUARY 2020 |
1. | STATUTORY INFORMATION |
DB9 Properties Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value |
added tax and other sales taxes. |
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 statement of financial position date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | PROPERTY, PLANT AND EQUIPMENT |
Fixtures |
Freehold | and | Computer |
property | fittings | equipment | Totals |
£ | £ | £ | £ |
COST OR VALUATION |
At 1st March 2019 |
and 28th February 2020 |
DEPRECIATION |
At 1st March 2019 |
Charge for year |
At 28th February 2020 |
NET BOOK VALUE |
At 28th February 2020 |
At 28th February 2019 |
DB9 PROPERTIES LIMITED (REGISTERED NUMBER: 04990474) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28TH FEBRUARY 2020 |
4. | PROPERTY, PLANT AND EQUIPMENT - continued |
Cost or valuation at 28th February 2020 is represented by: |
Fixtures |
Freehold | and | Computer |
property | fittings | equipment | Totals |
£ | £ | £ | £ |
Valuation in 2019 | 10,000 | - | - | 10,000 |
Valuation in 2017 | 21,067 | - | - | 21,067 |
Cost | 113,933 | 5,013 | 1,793 | 120,739 |
145,000 | 5,013 | 1,793 | 151,806 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Deposits held | 3,063 | 3,063 |
Tax |
Directors' loan accounts | 4,323 | 3,591 |
Accrued expenses |
6. | PROVISIONS FOR LIABILITIES |
2020 | 2019 |
£ | £ |
Deferred tax | 6,395 | 13,056 |
Deferred |
tax |
£ |
Balance at 1st March 2019 |
Provided during year | ( |
) |
Balance at 28th February 2020 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2020 | 2019 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
DB9 PROPERTIES LIMITED (REGISTERED NUMBER: 04990474) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28TH FEBRUARY 2020 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1st March 2019 |
Profit for the year |
At 28th February 2020 |
9. | ULTIMATE CONTROLLING PARTY |
The Ultimate Controlling Party of the Company is Mr. and Mrs. A. G. Chater. |