DKD Trading Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06691163 (England and Wales)

DKD Trading Services Limited

Unaudited Financial Statements

for the Year Ended 31st March 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Tompkin

K J Tompkin

D P Tompkin

Y Tompkin

L F E Tompkin

REGISTERED OFFICE:

12 Bridgford Road

West Bridgford

Nottingham

Nottinghamshire

NG2 6AB

REGISTERED NUMBER:

06691163 (England and Wales)

ACCOUNTANTS:

Brooks Mayfield Limited

Chartered Accountants

12 Bridgford Road

West Bridgford

Nottinghamshire

NG2 6AB

FIXED ASSETS

Tangible assets

5

1,867

2,489

CURRENT ASSETS

Debtors

6

15,858

12,792

Cash at bank

9,748

17,432

25,606

30,224

CREDITORS

Amounts falling due within one year

7

(111,046

)

(57,719

)

NET CURRENT LIABILITIES

(85,440

)

(27,495

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(83,573

)

(25,006

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(83,576

)

(25,009

)

SHAREHOLDERS' FUNDS

(83,573

)

(25,006

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd February 2021 and were signed on its behalf by:

K J Tompkin - Director

D P Tompkin - Director

1.	STATUTORY INFORMATION

DKD Trading Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax and is derived from the provision of consultancy services.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

Despite the balance sheet showing a deficit, the company has the continued support of its directors who believe that the company will be able to meet its liabilities as they fall due within the next 12 months.

As such, the accounts have been prepared on a going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2019 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st April 2019

and 31st March 2020

4,297

DEPRECIATION

At 1st April 2019

1,808

Charge for year

622

At 31st March 2020

2,430

NET BOOK VALUE

At 31st March 2020

1,867

At 31st March 2019

2,489

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

10,059

5,264

Other debtors

5,799

7,528

15,858

12,792

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

4

-

Taxation and social security

5,909

3,984

Other creditors

105,133

53,735

111,046

57,719