DIRECT LINEN TEXTILES INTERNATIONAL LTD

DIRECT LINEN TEXTILES INTERNATIONAL LTD

DIRECT LINEN TEXTILES INTERNATIONAL LTD - Company Information

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DIRECT LINEN TEXTILES INTERNATIONAL LTD

Company Registration Number:
06659881 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2019

Period of accounts

Start date: 01 October 2018

End date: 30 September 2019

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Contents of the Financial Statements

for the Period Ended 30 September 2019

Balance sheet
Notes

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Balance sheet

As at 30 September 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets: 3 10,000 10,000
Tangible assets: 4 187,188 199,178
Total fixed assets: 197,188 209,178
Current assets
Stocks: 382,382 468,816
Debtors:   1,186 9,355
Cash at bank and in hand: 58,839 11,612
Total current assets: 442,407 489,783
Creditors: amounts falling due within one year:   (306,416) (391,277)
Net current assets (liabilities): 135,991 98,506
Total assets less current liabilities: 333,179 307,684
Total net assets (liabilities): 333,179 307,684
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 323,179 297,684
Shareholders funds: 333,179 307,684

The notes form part of these financial statements

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 April 2020
and signed on behalf of the board by:

Name: MR AKEEL ALBASRI
Status: Director

The notes form part of these financial statements

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

2. Employees

2019 2018
Average number of employees during the period 21 22

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

3. Intangible Assets

Total
Cost £
At 01 October 2018 10,000
At 30 September 2019 10,000
Amortisation
At 01 October 2018 0
At 30 September 2019 0
Net book value
At 30 September 2019 10,000
At 30 September 2018 10,000

DIRECT LINEN TEXTILES INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

4. Tangible Assets

Total
Cost £
At 01 October 2018 519,550
Additions 17,561
At 30 September 2019 537,111
Depreciation
At 01 October 2018 320,372
Charge for year 29,551
At 30 September 2019 349,923
Net book value
At 30 September 2019 187,188
At 30 September 2018 199,178