D X Investments Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10520352 (England and Wales)

Financial Statements for the Year Ended 31 March 2021

for

D X INVESTMENTS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

D M Shaw

REGISTERED OFFICE:

1 William Mews

De Beauvoir Road

North London

N1 5AU

REGISTERED NUMBER:

10520352 (England and Wales)

ACCOUNTANTS:

BDA Associates Limited

Chartered Accountants

Annecy Court

Ferry Works

Summer Road

Thames Ditton

Surrey

KT7 0QJ

FIXED ASSETS

Tangible assets

4

2,968

1,431

CURRENT ASSETS

Debtors

5

128,678

20,243

Cash at bank

42,988

1,066

171,666

21,309

CREDITORS

Amounts falling due within one year

6

60,677

21,921

NET CURRENT ASSETS/(LIABILITIES)

110,989

(612

)

TOTAL ASSETS LESS CURRENT LIABILITIES

113,957

819

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

113,857

719

SHAREHOLDERS' FUNDS

113,957

819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 December 2021 and were signed by:

D M Shaw - Director

1.	STATUTORY INFORMATION

D X Investments Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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, excluding discounts, rebates, value added tax and other sales taxes.

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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2020

3,060

Additions

2,527

At 31 March 2021

5,587

DEPRECIATION

At 1 April 2020

1,629

Charge for year

990

At 31 March 2021

2,619

NET BOOK VALUE

At 31 March 2021

2,968

At 31 March 2020

1,431

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Other debtors

128,678

20,243

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Taxation and social security

56,116

18,827

Other creditors

4,561

3,094

60,677

21,921

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.21

31.3.20

value:

£

£

100

Ordinary

£1

100

100