DVL (Holdings) Limited
DVL (Holdings) Limited
Registered number: 10823756
Unaudited Financial Statements
For The Year Ended
31 March 2022
Shaikh & Co Ltd
Chartered Certified Accountants
DVL (Holdings) Limited
Unaudited Financial Statements
For The Year Ended
31 March 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2—3 |
Page 1
DVL (Holdings) Limited
Balance Sheet
As at
31 March 2022
Balance Sheet
Registered number:
10823756
For the year ending 31 March 2022 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 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.
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 3 |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Share premium account |
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| SHAREHOLDERS' FUNDS | 3,000,001 | 3,000,001 | |||
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
|
Director
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|
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
DVL (Holdings) Limited
Notes to the Financial Statements
For The Year Ended
31 March 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Exemption from preparing consolidated financial statements
The company, and the group headed by it, qualify as small as set out in Section 383 of the Companies Act 2006, and the parent and group are considered eligible for the exemption to prepare consolidated accounts.
1.3.
Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
2.
Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2021: 2)
3.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at
|
3,000,001 |
| As at
|
3,000,001 |
| Provision | |
| As at
|
- |
| As at
|
- |
| Net Book Value | |
| As at
|
3,000,001 |
| As at
|
3,000,001 |
DVL Ltd was a subsidiary undertaking of the Company, which holds 100% of the Ordinary Shares.
5.
Share Capital
| 2022 | 2021 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
|
|
|
| Value | Number | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Allotted, called up and fully paid | £ | £ | £ | ||
|
|
|
|
349 | 349 | |
|
|
|
|
1,390 | 1,390 | |
|
|
1,739 | 1,739 | |||
6.
Related Party Transactions
All related party transactions during the year were done so under normal market conditions.
7.
Ultimate Controlling Party
The company's ultimate controlling party is
Douglas Lawrence,
by virtue of his majority shareholding.
Page 2
Page 3
DVL (Holdings) Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2022
8.
General Information
DVL (Holdings) Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
10823756
. The registered office is 65 Sea Road, Westgate-On-Sea, CT8 8QG.
Page 3