Company Registration No. 6863448 (England and Wales)
Derlwyn Assessment & Training Limited
Unaudited accounts
for the year ended 31 March 2017
Derlwyn Assessment & Training Limited
Unaudited accounts
Contents
Derlwyn Assessment & Training Limited
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
16,429
20,633
Creditors: amounts falling due within one year
(59,278)
(60,513)
Net current assets/(liabilities)
4,325
(455)
Called up share capital
1
1
Profit and loss account
4,680
18
Shareholders' funds
4,681
19
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 September 2017.
C.E. Wall
Director
Company Registration No. 6863448
Derlwyn Assessment & Training Limited
Notes to the Accounts
for the year ended 31 March 2017
Derlwyn Assessment & Training Limited is a private company, limited by shares, registered in England and Wales, registration number 6863448. The registered office and principal place of business is 9 CORUN Y BRYN, CONNAH'S QUAY, DEESIDE, CLWYD, CH5 4QS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance basis
Derlwyn Assessment & Training Limited
Notes to the Accounts
for the year ended 31 March 2017
4
Intangible fixed assets
Goodwill
Goodwill has been written off in equal annual instalments over it's estimated life of five years.
5
Tangible fixed assets
Plant & machinery
Trade debtors
47,010
39,425
Accrued income and prepayments
164
-
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
9,811
4,673
Taxes and social security
18,770
11,522
Loans from directors
30,197
38,348
Derlwyn Assessment & Training Limited
Notes to the Accounts
for the year ended 31 March 2017
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
During the year the company hired staff from Bevris Support Ltd totalling £25,548 (2016 - £20,506). Mr C.E. Wall is a director and shareholder in both companies.
C.E. Wall is the controlling party of the company.
11
Average number of employees
During the year the average number of employees was 1 (2016: 1).
