Dacors Ltd - Accounts to registrar (filleted) - small 18.2

Dacors Ltd - Accounts to registrar (filleted) - small 18.2

DACORS LTD - Company Information

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REGISTERED NUMBER: 06299218 (England and Wales)















DACORS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019





Northams Accountants Limited
21/23 New Street
Honiton
Devon
EX14 1HA








DACORS LTD (REGISTERED NUMBER: 06299218)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DACORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2019







DIRECTORS: D A Course
Mrs M C Course





SECRETARY: Mrs M C Course





REGISTERED OFFICE: The Studio
Pound Street
Moretonhampstead
Newton Abbot
Devon
TQ13 8NX





REGISTERED NUMBER: 06299218 (England and Wales)





ACCOUNTANTS: Northams Accountants Limited
21/23 New Street
Honiton
Devon
EX14 1HA
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DACORS LTD (REGISTERED NUMBER: 06299218)

BALANCE SHEET
30 SEPTEMBER 2019

2019 2018
Notes £    £   
FIXED ASSETS
Intangible assets 4 40,000 45,000
Tangible assets 5 6,671 5,006
46,671 50,006

CURRENT ASSETS
Stocks 14,475 28,616
Debtors 6 11,183 12,930
Cash at bank 28,827 23,581
54,485 65,127
CREDITORS
Amounts falling due within one year 7 (72,719 ) (82,640 )
NET CURRENT LIABILITIES (18,234 ) (17,513 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
28,437
32,493

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 28,337 32,393
SHAREHOLDERS' FUNDS 28,437 32,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

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.

The notes form part of these financial statements

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DACORS LTD (REGISTERED NUMBER: 06299218)

BALANCE SHEET - continued
30 SEPTEMBER 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 26 June 2020
and were signed on its behalf by:





D A Course - Director


The notes form part of these financial statements

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DACORS LTD (REGISTERED NUMBER: 06299218)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019

1. STATUTORY INFORMATION

Dacors Ltd is a private company, limited by shares , registered in England and Wales. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling
costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period
of the lease.

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 NIL (2018 - 3 ).

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DACORS LTD (REGISTERED NUMBER: 06299218)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2019

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2018
and 30 September 2019 100,000
AMORTISATION
At 1 October 2018 55,000
Charge for year 5,000
At 30 September 2019 60,000
NET BOOK VALUE
At 30 September 2019 40,000
At 30 September 2018 45,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2018 20,876
Additions 3,888
At 30 September 2019 24,764
DEPRECIATION
At 1 October 2018 15,870
Charge for year 2,223
At 30 September 2019 18,093
NET BOOK VALUE
At 30 September 2019 6,671
At 30 September 2018 5,006

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 9,628 12,578
Other debtors 1,555 352
11,183 12,930

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DACORS LTD (REGISTERED NUMBER: 06299218)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 6,112 6,023
Taxation and social security 10,281 20,291
Other creditors 56,326 56,326
72,719 82,640

8. RELATED PARTY DISCLOSURES

The company is controlled by the directors DA & Mrs M C Course who own 100% of the issued
share capital of the company.

At 30 September 2018, a balance was due to the directors on directors loan account amounting to
£56,326, (2017 £66,309).

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