Dealer Net Finance Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05722918 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2021

for

Dealer Net Finance Limited

Page

Company Information

1

Balance Sheet

2

DIRECTOR:

H Musgrave

REGISTERED OFFICE:

46 Lambton Court

Peterlee

Co. Durham

SR8 1NG

REGISTERED NUMBER:

05722918 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Franklin House

Stockton Road

Sedgefield

Co. Durham

TS21 2AG

FIXED ASSETS

17,683

15,053

CURRENT ASSETS

253,268

147,270

CREDITORS

Amounts falling due within one year

(51,851

)

(47,126

)

NET CURRENT ASSETS

201,417

100,144

TOTAL ASSETS LESS CURRENT LIABILITIES

219,100

115,197

CREDITORS

Amounts falling due after more than one year

(44,167

)

-

NET ASSETS

174,933

115,197

CAPITAL AND RESERVES

174,933

115,197

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

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

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2021 and 29 February 2020:

2021

2020

£

£

H Musgrave

Balance outstanding at start of year

118,961

56,206

Amounts advanced

171,877

187,689

Amounts repaid

(183,871

)

(124,934

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

106,967

118,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 15 October 2021 and were signed by:

H Musgrave - Director