Dispit Limited - Accounts to registrar (filleted) - small 18.2
Dispit Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Dispit Limited |
| Unaudited Financial Statements for the Year Ended 31st December 2019 |
| Dispit Limited (Registered number: 00828907) |
| Contents of the Financial Statements |
| for the year ended 31st December 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Dispit Limited |
| Company Information |
| for the year ended 31st December 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Regent's Court |
| Princess Street |
| Hull |
| East Yorkshire |
| HU2 8BA |
| Dispit Limited (Registered number: 00828907) |
| Balance Sheet |
| 31st December 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Share premium | 8 |
| Revaluation reserve | 8 |
| Capital redemption reserve | 8 |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on were signed by: |
| Dispit Limited (Registered number: 00828907) |
| Notes to the Financial Statements |
| for the year ended 31st December 2019 |
| 1. | STATUTORY INFORMATION |
| Dispit Limited is a |
| 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 |
| The accounts have been prepared on a going concern basis as the parent company have shown their |
| willingness to continue to support the company. |
| The significant accounting policies applied in the preparation of these financial statements are set out |
| below. These policies have been consistently applied to all years presented unless otherwise stated. |
| Tangible fixed assets |
| Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. |
| Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual |
| value of each asset over its expected useful life, as follows. |
| Freehold land | Not depreciated |
| Plant and machinery etc | 25% on written down value |
| 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. |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts are capitalised as tangible assets and depreciated over |
| their useful lives. Obligations under such agreements are included in creditors net of finance charge |
| allocated to future periods. The finance element of the rental payment is charged to the profit and loss |
| account so as to produce a constant periodic rate of charge on the net obligation outstanding in each |
| period. |
| Dispit Limited (Registered number: 00828907) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2019 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2018 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1st January 2019 |
| and 31st December 2019 |
| DEPRECIATION |
| At 1st January 2019 |
| Charge for year |
| At 31st December 2019 |
| NET BOOK VALUE |
| At 31st December 2019 |
| At 31st December 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary shares | 1 | 52 | 52 |
| Dispit Limited (Registered number: 00828907) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2019 |
| 8. | RESERVES |
| Capital |
| Retained | Share | Revaluation | redemption |
| earnings | premium | reserve | reserve | Totals |
| £ | £ | £ | £ | £ |
| At 1st January 2019 | ( |
) | 379,165 |
| Deficit for the year | ( |
) | - | - | - | ( |
) |
| At 31st December 2019 | ( |
) | 354,892 |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate parent company is Wastewise Holdings Limited, a company registered in the United |
| kingdom. The registered office is Albion House, Albion Lane, Willerby, East Yorkshire, HU10 6TS. |