Dark Citi Limited - Period Ending 2021-03-31

Dark Citi Limited

Contents

Directors' Report	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 4

Dark Citi Limited

Directors' Report for the Period from 18 June 2020 to 31 March 2021

The directors present their report and the financial statements for the period from 18 June 2020 to 31 March 2021.

The company has been dormant as defined in section 1169 of the Companies Act 2006 since its date of incorporation.

Incorporation

The company was incorporated on 18 June 2020.

Directors of the company

The directors who held office during the period were as follows:

J A Soulsby (appointed 18 June 2020)

V Grierson (appointed 18 June 2020)

S A Grierson (appointed 18 June 2020)

D A Lawton (appointed 10 July 2020)

Small companies' provision statement

This report has been prepared in accordance with the small companies' regime under the Companies Act 2006.

Approved by the Board on 17 December 2021 and signed on its behalf by:

......................................... V Grierson Director

Dark Citi Limited

(Registration number: 12678908)
Statement of Financial Position as at 31 March 2021

	Note	2021 £
Current assets
Debtors	4	1
Capital and reserves
Called up share capital		1
Total equity		1

For the financial period ending 31 March 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 17 December 2021 and signed on its behalf by:
 

......................................... V Grierson Director

Dark Citi Limited

Notes to the Unaudited Financial Statements for the Period from 18 June 2020 to 31 March 2021

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Merlin House Princesway, Team Valley Trading Estate, Gateshead, Tyne And Wear, NE11 0NF, England.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in sterling which is the functional currency of the entity.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

Dark Citi Limited

Notes to the Unaudited Financial Statements for the Period from 18 June 2020 to 31 March 2021 (continued)

4

Debtors

	Note	2021 £
Amounts owed by related parties		1
		1

5	Parent and ultimate parent undertaking

The company's immediate parent is Edge Power Generation & Utility Companies Limited, incorporated in England and Wales.

 The ultimate parent is UpNorth Group Limited, incorporated in England and Wales.

 The ultimate controlling party is Mr S A Grierson and Mrs V Grierson.