DIONACH LTD

DIONACH LTD

DIONACH LTD - Company Information

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DIONACH LTD

Company Registration Number:
03908168 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

DIONACH LTD

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

DIONACH LTD

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 650,000 0
Tangible assets: 4 0 55,091
Investments: 5 1 1
Total fixed assets: 650,001 55,092
Current assets
Debtors:   1,184,358 1,419,067
Cash at bank and in hand: 1,023,219 220,934
Total current assets: 2,207,577 1,640,001
Creditors: amounts falling due within one year:   (738,833) (278,813)
Net current assets (liabilities): 1,468,744 1,361,188
Total assets less current liabilities: 2,118,745 1,416,280
Creditors: amounts falling due after more than one year: 6 (1,995,708) (1,400,710)
Total net assets (liabilities): 123,037 15,570
Capital and reserves
Called up share capital: 1,236 1,236
Share premium account: 285,614 285,614
Profit and loss account: (163,813) (271,280)
Shareholders funds: 123,037 15,570

The notes form part of these financial statements

DIONACH LTD

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 February 2021
and signed on behalf of the board by:

Name: Gareth Phillips
Status: Director

The notes form part of these financial statements

DIONACH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DIONACH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 54 56

DIONACH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Intangible Assets

Total
Cost £
At 01 January 2020 0
Revaluations 650,000
At 31 December 2020 650,000
Net book value
At 31 December 2020 650,000
At 31 December 2019 0

DIONACH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Tangible Assets

Total
Cost £
At 01 January 2020 145,732
At 31 December 2020 145,732
Depreciation
At 01 January 2020 90,641
Charge for year 55,091
At 31 December 2020 145,732
Net book value
At 31 December 2020 0
At 31 December 2019 55,091

DIONACH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

5. Fixed investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

DIONACH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

6. Creditors: amounts falling due after more than one year note

Included within creditors falling due after one year are loans from directors totalling £1,395,708. These loans are interest free.