Accounts filed on 31-12-2020

Accounts filed on 31-12-2020

DEALTOP LIMITED - Company Information

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02078288falsethat of coach and bus operators.2020-01-012020-12-31http://www.companieshouse.gov.uk/2019-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2019-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2019-12-31http://www.companieshouse.gov.uk/cd:Director12020-01-012020-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2019-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2020-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2020-12-31http://www.companieshouse.gov.uk/cd:Director22020-01-012020-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2019-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2020-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2020-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12020-01-012020-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2020-01-012020-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2020-01-012020-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2020-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2019-12-31http://www.companieshouse.gov.uk/2020-01-012020-12-31http://www.companieshouse.gov.uk/2019-12-31http://www.companieshouse.gov.uk/cd:FRS1022020-01-012020-12-31http://www.companieshouse.gov.uk/2020-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2020-01-012020-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2020-01-012020-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02078288
Dealtop Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2020
Prepared By:
Cooks - Chartered Accountants
Chartered Accountants
Zone 2
Wrentham Business Centre
Prospect Park
EXETER
EX4 6NA
Dealtop Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2020
DIRECTORS
D M Dart
D R P Hounslow
REGISTERED OFFICE
Zone 2
Wrentham Business Centre
Prospect Park
Exeter
EX4 6NA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02078288
BANKERS
Lloyds Bank plc., 234 High Street, Exeter
ACCOUNTANTS
Cooks - Chartered Accountants
Chartered Accountants
Zone 2
Wrentham Business Centre
Prospect Park
EXETER
EX4 6NA
Dealtop Limited
BALANCE SHEET AT 31/12/2020
20202019
Notes££
FIXED ASSETS
Tangible assets24,232,9613,965,928
Investment Assets500,250250
4,733,2113,966,178
CURRENT ASSETS
Debtors375,117779,205
Cash at bank and in hand693,201528,776
1,068,3181,307,981
CREDITORS: Amounts falling due within one year31,684,083891,998
NET CURRENT (LIABILITIES) / ASSETS(615,765)415,983
TOTAL ASSETS LESS CURRENT LIABILITIES4,117,4464,382,161
CREDITORS: Amounts falling due after more than one year4930,6961,690,125
PROVISIONS FOR LIABILITIES AND CHARGES6561,749429,798
NET ASSETS2,625,0012,262,238
CAPITAL AND RESERVES
Called up share capital76,0006,000
Profit and loss account2,619,0012,256,238
SHAREHOLDERS' FUNDS2,625,0012,262,238
For the year ending 31/12/2020 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/03/2021 and signed on their behalf by
.............................
D M Dart
Director
Dealtop Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2020
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesreducing balance 15%
Plant and Machinerystraight line 10%
Commercial Vehiclesstraight line 6.67%
2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercialFixtures
PropertiesMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/01/2020111,205113,4077,091,850159,2267,475,688
Additions-849986,076-986,925
Disposals--(615,406)-(615,406)
At 31/12/2020111,205114,2567,462,520159,2267,847,207
Depreciation
At 01/01/202044,37832,2913,273,865159,2263,509,760
Disposals--(539,579)-(539,579)
For the year10,02411,339622,702-644,065
At 31/12/202054,40243,6303,356,988159,2263,614,246
Net Book Amounts
At 31/12/202056,80370,6264,105,532-4,232,961
At 31/12/201966,82781,1163,817,985-3,965,928
The net book value of plant and machinery includes £64,777 (2019: £74,894) in respect of assets leased under finance leases or hire purchase agreements the depreciation on which amounted to £10,117 (2019: £10,117).
The net book value of motor vehicles includes £2,455,676 (2019: £2,220,314) in respect of assets leased under hire purchase agreements, the depreciation of which amounted to £267,426 (2019 - £148,020) in the year.
Dealtop Limited
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20202019
££
UK corporation tax-118,763
PAYE control42,81260,250
Directors current account73,89256,892
Directors current account70,00053,000
Loans250,000-
Hire purchase421,855-
Trade creditors152,590265,229
Pension schemes2,50056,577
Accruals670,434280,301
1,684,083891,012
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20202019
££
Hire purchase >1yr930,6961,690,125
930,6961,690,125
5. EMPLOYEES
20202019
No.No.
Average number of employees119129
6. PROVISIONS FOR LIABILITIES 20202019
££
Deferred taxation561,749429,798
561,749429,798
Dealtop Limited
7. SHARE CAPITAL 20202019
££
Allotted, issued and fully paid:
6000 Ordinary shares of £1.00 each60006000
6,0006,000