Durana Limited - Accounts to registrar - small 17.2
Durana Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30th April 2017 |
| for |
| Durana Limited |
| Durana Limited (Registered number: 01086212) |
| Contents of the Financial Statements |
| for the Year Ended 30th April 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Durana Limited |
| Company Information |
| for the Year Ended 30th April 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 93 Aldwick Road |
| Bognor Regis |
| West Sussex |
| PO21 2NW |
| Durana Limited (Registered number: 01086212) |
| Balance Sheet |
| 30th April 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Durana Limited (Registered number: 01086212) |
| Balance Sheet - continued |
| 30th April 2017 |
| 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 by: |
| Durana Limited (Registered number: 01086212) |
| Notes to the Financial Statements |
| for the Year Ended 30th April 2017 |
| 1. | STATUTORY INFORMATION |
| Durana Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| The company's policy is to maintain its properties to a high standard through a continual programme of |
| refurbishment and maintenance. In accordance with this practice depreciation is not provided on the freehold |
| property as, in the opinion of the directors the residual value (in terms of original cost) is such that any |
| depreciation charge would be immaterial. |
| 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. |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1st May 2016 |
| and 30th April 2017 |
| DEPRECIATION |
| At 1st May 2016 |
| and 30th April 2017 |
| NET BOOK VALUE |
| At 30th April 2017 |
| At 30th April 2016 |
| Durana Limited (Registered number: 01086212) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30th April 2017 |
| 3. | TANGIBLE FIXED ASSETS - continued |
| Cost or valuation at 30th April 2017 is represented by: |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| Valuation in 2004 | 920,190 | - | 920,190 |
| Valuation in 2014 | (740,000 | ) | - | (740,000 | ) |
| Cost | 9,810 | 238 | 10,048 |
| 190,000 | 238 | 190,238 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | - | 3,045 |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Bank loans |
| The bank loan creditor is secured against the land and buildings at Watery Lane, West Ashling, West Sussex. |
| The security includes all fixtures, plant and machinery and any goodwill held by the property. |
| Durana Limited (Registered number: 01086212) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30th April 2017 |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 30th April 2017 and |
| 30th April 2016: |
| 2017 | 2016 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 9. | ULTIMATE CONTROLLING PARTY |
| The company is under the control of the Directors, Mr J P Tupper and Mrs M A Tupper. |