D & B Motorcycles Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06644870 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

D & B Motorcycles Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs D Olrog

Mrs D McNamara

REGISTERED OFFICE:

9 Acton Hill Mews

Uxbridge Road

London

W3 9QN

REGISTERED NUMBER:

06644870 (England and Wales)

ACCOUNTANTS:

Pemberton Professionals Limited

9 Acton Hill Mews

Uxbridge Road

London

W3 9QN

CURRENT ASSETS

Stocks

71,443

62,410

Debtors

3

1,500

-

Cash in hand

49

49

72,992

62,459

CREDITORS

Amounts falling due within one year

4

56,111

72,957

NET CURRENT ASSETS/(LIABILITIES)

16,881

(10,498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,881

(10,498

)

CREDITORS

Amounts falling due after more than one year

5

11,889

-

NET ASSETS/(LIABILITIES)

4,992

(10,498

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,892

(10,598

)

SHAREHOLDERS' FUNDS

4,992

(10,498

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 19 September 2017 and were signed on its behalf by:

Mrs D McNamara - Director

1.	STATUTORY INFORMATION

D & B Motorcycles 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

1,500

-

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans and overdrafts

13,944

27,383

Trade creditors

8,508

9,252

Tax

1,223

-

Social security and other taxes

337

344

VAT

5,616

9,495

Directors' current accounts

24,694

24,694

Accrued expenses

1,789

1,789

56,111

72,957

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans more 5 yr by instal

11,889

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

11,889

-