DC Europa Limited - Accounts to registrar (filleted) - small 22.3

DC Europa Limited - Accounts to registrar (filleted) - small 22.3


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REGISTERED NUMBER: 10826961 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

DC EUROPA LIMITED

DC EUROPA LIMITED (REGISTERED NUMBER: 10826961)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DC EUROPA LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2022







DIRECTORS: D J Grainger
G Mariggi





SECRETARY: The Cambridge Partnership Limited





REGISTERED OFFICE: C/o The Cambridge Partnership Ltd
The Dorothy Hodgkin Building
Babraham Research Campus, Babraham
Cambridge
Cambridgeshire
CB22 3FH





REGISTERED NUMBER: 10826961 (England and Wales)





AUDITORS: HBB Audit Limited
Statutory Auditors
Bridge House
25 Fiddlebridge Lane
Hatfield
Hertfordshire
AL10 0SP

DC EUROPA LIMITED (REGISTERED NUMBER: 10826961)

BALANCE SHEET
30 June 2022

30.6.22 30.6.21
Notes £    £   
CURRENT ASSETS
Debtors 4 29,607 277,798
Cash at bank 397,011 546,905
426,618 824,703
CREDITORS
Amounts falling due within one year 5 152,938 364,833
NET CURRENT ASSETS 273,680 459,870
TOTAL ASSETS LESS CURRENT
LIABILITIES

273,680

459,870

CAPITAL AND RESERVES
Called up share capital 572 572
Share premium 5,299,788 4,999,800
Retained earnings (5,026,680 ) (4,540,502 )
SHAREHOLDERS' FUNDS 273,680 459,870

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 Board of Directors and authorised for issue on 30 March 2023 and were signed on its behalf by:





D J Grainger - Director


DC EUROPA LIMITED (REGISTERED NUMBER: 10826961)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

DC Europa Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Other debtors 29,607 277,798

DC EUROPA LIMITED (REGISTERED NUMBER: 10826961)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade creditors 60,439 63,234
Other creditors 92,499 301,599
152,938 364,833

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Arthur Rees Skipper (Senior Statutory Auditor)
for and on behalf of HBB Audit Limited