Denton Investments Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 03145974 (England and Wales)

DENTON INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Lambkin

K I Plewis

SECRETARY:

K I Plewis

REGISTERED OFFICE:

424 Margate Road

Ramsgate

Kent

CT12 6SR

REGISTERED NUMBER:

03145974 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

3

115,290

131,332

CURRENT ASSETS

Debtors

4

-

260,799

Cash at bank

-

4,306

-

265,105

CREDITORS

Amounts falling due within one year

5

27,250

291,734

NET CURRENT LIABILITIES

(27,250

)

(26,629

)

TOTAL ASSETS LESS CURRENT LIABILITIES

88,040

104,703

CREDITORS

Amounts falling due after more than one year

6

(205,143

)

(205,143

)

PROVISIONS FOR LIABILITIES

(15,338

)

(16,860

)

NET LIABILITIES

(132,441

)

(117,300

)

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

(182,441

)

(167,300

)

SHAREHOLDERS' FUNDS

(132,441

)

(117,300

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 14 June 2017 and were signed on its behalf by:

K I Plewis - Director

1.	STATUTORY INFORMATION

Denton Investments 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

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

Land and buildings

-

Straight line over 25 years

Plant and machinery etc

-

10% on reducing balance

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 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.

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.

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

164,723

583,237

747,960

DEPRECIATION

At 1 April 2016

127,927

488,701

616,628

Charge for year

6,589

9,453

16,042

At 31 March 2017

134,516

498,154

632,670

NET BOOK VALUE

At 31 March 2017

30,207

85,083

115,290

At 31 March 2016

36,796

94,536

131,332

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

-

260,799

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

1,478

-

Trade creditors

12,594

287,590

Other creditors

13,178

4,144

27,250

291,734

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Other creditors

205,143

205,143

7.	RELATED PARTY DISCLOSURES

Denton Investments Limited is owned by Mr R Lambkin, Mrs J McMinn, Mr K Plewis and Mrs H Plewis who

also own 100% of the share capital of Pinsetter Limited.

Denton Investments Limited own the leasehold of the property at which Pinsetter Limited trades from..

8.	GOING CONCERN

These accounts have been prepared on the Going Concern basis on the basis that the Landlord of the premises

that Denton Investments Ltd owns the lease on will continue to agree to accepting reduced rent for the property

until such time that the economic environment improves.

The situation will be monitored closely by the Directors throughout the year, and will be reviewed at the next

accounts year end.