The Dishy Duo Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 02680398 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JULY 2016 TO 31ST DECEMBER 2016

FOR

THE DISHY DUO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A C Gilchrist Dick

W G Dick

REGISTERED OFFICE:

16 Hall Road

Wilmslow

Cheshire

SK9 5BN

REGISTERED NUMBER:

02680398 (England and Wales)

ACCOUNTANTS:

KAY JOHNSON GEE LLP

1 City Road East

Manchester

M15 4PN

CURRENT ASSETS

Debtors

4

48,795

-

Cash at bank and in hand

141

3

48,936

3

CREDITORS

Amounts falling due within one year

5

256,088

-

NET CURRENT (LIABILITIES)/ASSETS

(207,152

)

3

TOTAL ASSETS LESS CURRENT LIABILITIES

(207,152

)

3

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(207,155

)

-

SHAREHOLDERS' FUNDS

(207,152

)

3

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2016 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 7th September 2017 and were signed on its behalf by:

A C Gilchrist Dick - Director

1.	STATUTORY INFORMATION

The Dishy Duo Limited is a private company, limited by shares, registered in England and Wales, registration

number 02680398. The address of the registered office and principal trade of business is 16 Hall Road,

Wilmslow, Cheshire, SK9 5BN

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.

Taxation

Taxation for the period 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 period 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.

Financial instruments

Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of

the financial instrument. The company holds basic financial instruments, which comprise cash at bank and in

hand, trade and other debtors, borrowings, and trade and other creditors. The company has chosen to apply

the measurement and recognition provisions of Section 11 Basic Financial Instruments.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the

effective interest method, less impairment losses for bad and doubtful debts except where the effect of

discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for

bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and

other short-term highly liquid investments that mature in no more than three months from the date of

acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the

effective interest method unless the effect of discounting would be immaterial, in which case they are stated at

cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2016 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

30.6.16

£

£

Directors' current accounts

47,995

-

Prepayments and accrued income

800

-

48,795

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

30.6.16

£

£

Trade creditors

2,254

-

Bonus payable

151,932

-

Other creditors

101,152

-

Accrued expenses

750

-

256,088

-

6.	RELATED PARTY DISCLOSURES

As at the year end, the company was owed £47,995 from the director, A C Gilchrist Dick (2015: £nil).