Dirlin Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11686623 (England and Wales)

Financial Statements

for the Period 20 November 2018 to 31 October 2019

for

Dirlin Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr Sivapalan Senthilvasan

Mrs Sumangalaah Senthilvasan

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

REGISTERED NUMBER:

11686623 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

192,333

Property, plant and equipment

5

60,154

252,487

CURRENT ASSETS

Inventories

6

37,751

Debtors

7

18,258

Cash at bank and in hand

39,290

95,299

CREDITORS

Amounts falling due within one year

8

341,088

NET CURRENT LIABILITIES

(245,789

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,698

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

6,598

SHAREHOLDERS' FUNDS

6,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 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 20 July 2020 and were signed on its behalf by:

Mr Sivapalan Senthilvasan - Director

1.	STATUTORY INFORMATION

Dirlin Company Limited 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

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 each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

192,333

At 31 October 2019

192,333

NET BOOK VALUE

At 31 October 2019

192,333

5.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

Additions

45,183

17,966

63,149

At 31 October 2019

45,183

17,966

63,149

DEPRECIATION

Charge for period

-

2,995

2,995

At 31 October 2019

-

2,995

2,995

NET BOOK VALUE

At 31 October 2019

45,183

14,971

60,154

6.	INVENTORIES

£

Stocks

37,751

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Deposit

7,400

Value Added Tax

5,803

Prepayments

5,055

18,258

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

33,958

Social security and other taxes

58

Directors' current accounts

306,454

Accrued expenses

618

341,088

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

100

Share capital 1

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

10.

RESERVES

Retained

earnings

£

Profit for the period

6,598

At 31 October 2019

6,598

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 October 2019 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

Date: .............................................