D.J.L._MANAGEMENTS_LIMITE - Accounts

D.J.L. MANAGEMENTS LIMITED - Company Information

Print Friendly Version

Company Registration No. 00993037 (England and Wales)

D.J.L. MANAGEMENTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

D.J.L. MANAGEMENTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

D.J.L. MANAGEMENTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

1,641,000

1,645,000

Current assets

Stocks

11,000

10,700

Debtors

2,003,486

2,007,735

Cash at bank and in hand

83,178

55,976

2,097,664

2,074,411

Creditors: amounts falling due within one year

(394,064)

(373,471)

Net current assets

1,703,600

1,700,940

Total assets less current liabilities

3,344,600

3,345,940

Creditors: amounts falling due after more than one year

(1,409,746)

(1,423,300)

Provisions for liabilities

(183,169)

(183,107)

1,751,685

1,739,533

Capital and reserves

Called up share capital

130

Share premium account

659,950

Other reserves

Profit and loss account

1,091,585

1,079,433

Shareholder's funds

1,751,685

1,739,533

D.J.L. MANAGEMENTS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 SEPTEMBER 2016

- 2 -

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 June 2017

J Betteridge

Director

Company Registration No. 00993037

D.J.L. MANAGEMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings freehold

see below

Fixtures, fittings & equipment

20% per annum reducing balance method

The directors have a policy of continuous maintenance and upkeep of the building and as a result any depreciation would be immaterial.

1.4

Stock

Stock is valued at the lower of cost and net realisable value.

1.5

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

Fixed assets

Tangible assets

Cost

At 1 October 2015 & at 30 September 2016

1,650,000

Depreciation

At 1 October 2015

5,000

Charge for the year

4,000

At 30 September 2016

9,000

Net book value

At 30 September 2016

1,641,000

At 30 September 2015

1,645,000

D.J.L. MANAGEMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 4 -

Creditors: amounts falling due after more than one year

2016

2015

Analysis of loans repayable in more than five years

Total amounts repayable by instalments which are due in more than five years

1,217,746

1,195,440

The aggregate amount of creditors for which security has been given amounted to £0 (2015 - £1,435,440).

Share capital

2016

2015

Allotted, called up and fully paid

130 Ordinary shares of £1 each

130