Company Registration No. 04257994 (England and Wales)
DDN Mangia Ltd
Unaudited accounts
for the year ended 31 July 2020
DDN Mangia Ltd
Unaudited accounts
Contents
DDN Mangia Ltd
Company Information
for the year ended 31 July 2020
Director
Mr Ibrahim Mangia
Company Number
04257994 (England and Wales)
Registered Office
161 Leicester Street
Leicester
LE5 4FS
Accountants
Ghumra & Co Limited
45 Broadway Road
Leicester
LE5 5TB
DDN Mangia Ltd
Statement of financial position
as at 31 July 2020
Tangible assets
2,210
2,960
Cash at bank and in hand
11,146
6,876
Creditors: amounts falling due within one year
(5,910)
(5,031)
Net current assets
9,292
5,901
Total assets less current liabilities
11,502
8,861
Provisions for liabilities
Called up share capital
20
20
Profit and loss account
11,062
8,279
Shareholders' funds
11,082
8,299
For the year ending 31 July 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 December 2020 and were signed on its behalf by
Mr Ibrahim Mangia
Director
Company Registration No. 04257994
DDN Mangia Ltd
Notes to the Accounts
for the year ended 31 July 2020
DDN Mangia Ltd is a private company, limited by shares, registered in England and Wales, registration number 04257994. The registered office is 161 Leicester Street, Leicester , LE5 4FS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
DDN Mangia Ltd
Notes to the Accounts
for the year ended 31 July 2020
4
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
3,513
4,003
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20
20
8
Average number of employees
During the year the average number of employees was 6 (2019: 6).
