D L Thomas Limited - Accounts to registrar - small 17.2
D L Thomas Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| D L THOMAS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| D L THOMAS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Christchurch House |
| Upper George Street |
| Luton |
| Bedfordshire |
| LU1 2RS |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| BALANCE SHEET |
| 31ST MARCH 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investments | 6 |
| Investment property | 7 |
| CURRENT ASSETS |
| Debtors | 8 |
| Investments | 9 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 10 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 11 |
| NET ASSETS |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| BALANCE SHEET - continued |
| 31ST MARCH 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 12 |
| Fair value reserve | 13 |
| 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. |
| 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 its behalf by: |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| 1. | STATUTORY INFORMATION |
| D L Thomas Limited is a |
| company's registered number and registered office address can be found on the Company Information |
| page. |
| 2. | STATEMENT OF COMPLIANCE |
| The financial statements have been prepared in accordance with the provisions of Section 1A "Small |
| Entities" of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK |
| and Republic of Ireland" and the Companies Act 2006. |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared under the historical cost basis except for the modifications to |
| a fair value basis for investments and investment property as specified in the accounting policies below. |
| Turnover |
| Turnover represents investment income receivable on an accruals basis, including profit (or loss) of equity |
| instruments recognised on disposal. |
| Fixed assets |
| Plant and machinery | - |
| Office equipment | - |
| Investments |
| Investments compromise of investments in quoted equity instruments which are measured at fair value. |
| Changes in fair value are recognised in the income statement. |
| Investment properties |
| Investment properties are held for their investment potential and not for use by the company and so carried |
| at fair value, where fair value can be determined without undue cost or effort. The surplus or deficit arising |
| from the annual revaluation is recognised in the income statement. |
| 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. |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| 3. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all material 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and | Office |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st April 2016 |
| and 31st March 2017 |
| DEPRECIATION |
| At 1st April 2016 |
| Charge for year |
| At 31st March 2017 |
| NET BOOK VALUE |
| At 31st March 2017 |
| At 31st March 2016 |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| 6. | INVESTMENTS |
| Other |
| investments |
| £ |
| COST OR VALUATION |
| At 1st April 2016 |
| Additions |
| Disposals | ( |
) |
| Fair value adjustment |
| At 31st March 2017 |
| NET BOOK VALUE |
| At 31st March 2017 |
| At 31st March 2016 |
| If fixed asset investments had not been revalued, to their fair value, they would have been included at the |
| following historical cost: |
| 2017 | 2016 |
| £ | £ |
| Cost | 358,922 | 358,998 |
| Fixed asset investments were valued on a middle market price basis on 31st March 2017 by Brewin |
| Dolphin Limited. |
| 7. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st April 2016 |
| Additions |
| Fair value adjustment | 3,554 |
| At 31st March 2017 |
| NET BOOK VALUE |
| At 31st March 2017 |
| At 31st March 2016 |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| 7. | INVESTMENT PROPERTY - continued |
| Cost or valuation at 31st March 2017 is represented by: |
| £ |
| Valuation in 2017 | 142,000 |
| If the freehold land had not been revalued it would have been included at the following historical cost: |
| 2017 | 2016 |
| £ | £ |
| Cost | 14,710 | 12,264 |
| The freehold land was valued on an open market basis on 31st March 2017 by the directors . |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other debtors |
| 9. | CURRENT ASSET INVESTMENTS |
| 2017 | 2016 |
| £ | £ |
| Cash on short term deposit |
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 11. | PROVISIONS FOR LIABILITIES |
| 2017 | 2016 |
| £ | £ |
| Deferred tax | 41,615 | 37,151 |
| D L THOMAS LIMITED (REGISTERED NUMBER: 00361297) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2017 |
| 11. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1st April 2016 |
| Fair value movements | 4,464 |
| Balance at 31st March 2017 |
| 12. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary 'A' | £1 | 7,020 | 7,020 |
| Ordinary 'B' | 5p | 1,000 | 1,000 |
| 8,020 | 8,020 |
| Ordinary A and B shares have full voting rights, rights to dividends and capital distributions and are |
| irredeemable. |
| 13. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1st April 2016 |
| Transfer between reserves | 91,034 |
| At 31st March 2017 |
| 14. | ULTIMATE CONTROLLING PARTY |
| The directors consider that the company is not under the control of any one party. |