Davian Site Engineering Services Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03156326

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

DAVIAN SITE ENGINEERING SERVICES LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

1,052

1,403

Current assets

Debtors

5

5,007

362

Cash at bank

-

44,703

5,007

45,065

Creditors

Amounts falling due within one year

6

8,422

45,071

Net current liabilities

(3,415

)

(6

)

Total assets less current liabilities

(2,363

)

1,397

Capital and reserves

Called up share capital

7

8

8

Retained earnings

(2,371

)

1,389

Shareholders' funds

(2,363

)

1,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 30 June 2017 and were signed by:

Mrs C Hoof - Director

1.	Statutory information

Davian Site Engineering Limited is a private company, limited by shares, registered in England and Wales. The company's

registered number is 03156326. The registered office is 7 & 8 Church Street, Wimborne, BH21 1JH and business address is 3

Dell Close, Broadstone, BH18 9NL

2.	Accounting policies

Basis of preparing the financial statements

The company has not traded during the year but has incurred administrative expenses. This resulted in a loss of £3,760

during the year, and a deficiency of assets at the year end of £2,363. The company is dependant upon the continued

support of its director. The director has agreed to support the company over the next 12 months in order that it can meet

its day to day working capital requirements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or

past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of

current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing

differences are differences between taxable profits and total comprehensive income as stated in the financial statements

that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are

recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet

date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible

fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Davian Site Engineering Services Limited has corporation tax losses carried forward of £9,378. These will used to offset any

future trading profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the

contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract

that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any

losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 .

4.	Tangible fixed assets

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 October 2015

and 30 September 2016

4,527

1,108

5,635

Depreciation

At 1 October 2015

3,453

779

4,232

Charge for year

268

83

351

At 30 September 2016

3,721

862

4,583

Net book value

At 30 September 2016

806

246

1,052

At 30 September 2015

1,074

329

1,403

5.

Debtors: amounts falling due within one year

2016

2015

£

£

Directors' current accounts

4,177

-

VAT

830

362

5,007

362

6.

Creditors: amounts falling due within one year

2016

2015

£

£

Bank loans and overdrafts

19

-

Trade creditors

3,325

1,110

Tax

4,528

8,429

Directors' current accounts

-

34,182

Accruals and deferred income

550

1,350

8,422

45,071

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

8

Ordinary

£1

8

8

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 September 2016 and

30 September 2015:

2016

2015

£

£

Mrs C Hoof

Balance outstanding at start of year

(34,182

)

-

Amounts advanced

44,500

-

Amounts repaid

(6,141

)

(34,182

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,177

(34,182

)

As at the balance sheet date the director, Mrs C Hoof owed the company £4,177 (2015 - The company owed Mrs C Hoof

£34,182). The balance at the end of the year was the maximum balance owed to the company throughout the year and was

repaid within 9 months of the year end.

9.	Ultimate controlling party

The company is controlled by the director Mrs C Hoof who holds 100% of the company share capital.

10.	First year adoption

These financial statements for the year ended 30/09/2016 are the first financial statements that comply with FRS 102

Section 1A small entities. The date of transition is 01/10/2014.

The transition to FRS102 Section 1A small entities has resulted in a small number of changes in accounting policies to those

previously used.

The nature of these changes and their impact on opening equity and profit, where applicable, is detailed in the notes to

these financial statements.