Dyena Ltd - Accounts to registrar - small 17.2

Dyena Ltd - Accounts to registrar - small 17.2

DYENA LTD - Company Information

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REGISTERED NUMBER: 07940390 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

DYENA LTD

DYENA LTD (REGISTERED NUMBER: 07940390)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

DYENA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2017







DIRECTOR: Mr J P Glover





REGISTERED OFFICE: 115 Imperial Apartments
South Western House
Southampton
Hampshire
SO14 3AL





REGISTERED NUMBER: 07940390 (England and Wales)





ACCOUNTANTS: Rothman Pantall LLP
1st Floor
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ
Page 1
DYENA LTD (REGISTERED NUMBER: 07940390)

BALANCE SHEET
28 FEBRUARY 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,463 7,773

CURRENT ASSETS
Stocks 8,500 5,120
Debtors 5 23,729 33,906
Cash at bank and in hand 94,745 2,924
126,974 41,950
CREDITORS
Amounts falling due within one year 6 130,420 43,536
NET CURRENT LIABILITIES (3,446 ) (1,586 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,017
6,187

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,016 6,186
4,017 6,187

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 October 2017 and were signed by:





Mr J P Glover - Director


The notes form part of these financial statements

Page 2
DYENA LTD (REGISTERED NUMBER: 07940390)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2017

1. STATUTORY INFORMATION

Dyena Ltd 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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
Inherent in the application of many of the accounting policies used in preparing the financial statements is the
need for directors to make judgements, estimates and assumptions that affect the reported amount of assets
and liabilities at the date of the financial statement and the reporting amounts of revenues and expenses during
the year. Actual outcomes could differ from those estimates and assumptions used. The accounting judgements
and estimates that could have significant impact on the results of the company are set out below and should be
read in conjunction with the information provided in the Notes to the financial statements:

Critical Judgements
>Management determine whether financial instruments are basic or advanced and when to deal with
recognising, derecognising, measuring and disclosing financial instruments. These decisions depend on
an assessment made of the accounting standards.
>The management determine the point of recognition of revenue. Factors taken into consideration in
reaching such a decision include an assessment of whether the risks and rewards of ownership have been
transferred to the customer.

Significant Estimates
>To determine whether there are indicators of impairment of the company's tangible assets. Factors taken
into consideration in reaching such a decision include the economic viability and expected future financial
performance of the asset.
> To determine the most likely term of a loan with no fixed repayment date. Where there is not a loan
agreement, management have estimated that the loan will be payable on demand.

CHANGES IN ACCOUNTING POLICIES
These financial statements for the year ended 28 February 2017 are the first financial statements that comply
with FRS 102 (Section A). The principal accounting policies adopted in the preparation of the financial
statements have remained unchanged from the previous year and also have been consistently applied within the
same accounts. As a result there are no adjustments on transition to report. The date of transition was 1 March
2015.

TURNOVER
Turnover is the amount derived from ordinary activities and is recognised once the service has been provided
and there is an entitlement to receive the income. Turnover is recognised upon invoicing the customer.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

TAXATION
Taxation for 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.

Page 3 continued...
DYENA LTD (REGISTERED NUMBER: 07940390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2017

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

SHORT-TERM DEBTORS AND CREDITORS
Debtors and creditors receivable and payable within one year or upon demand are recorded at transaction price
whether or not a rate of interest is charged on the balance. Any losses arising from impairment are recognised in
the income statement in other operating expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2016 10,364
Additions 2,178
At 28 February 2017 12,542
DEPRECIATION
At 1 March 2016 2,591
Charge for year 2,488
At 28 February 2017 5,079
NET BOOK VALUE
At 28 February 2017 7,463
At 29 February 2016 7,773

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 6,503 22,014
Other debtors 264 -
Prepayments 16,962 -
Accrued income - 11,892
23,729 33,906

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors - 3,902
Tax 6,100 15,103
VAT 3,220 9,472
Other creditors - 32
Directors' current accounts 82 13,027
Accrued expenses 2,641 2,000
Deferred income 118,377 -
130,420 43,536

Page 4 continued...
DYENA LTD (REGISTERED NUMBER: 07940390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2017

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the beginning of the year the Director was owed £13,027 by the company. During the year the Director
introduced capital of £69,469 and after withdrawing the sum of £82,413, an amount of £83 was owed to the
company. The loan is repayable on demand, no interest is being charged on the loan and no security has been
provided on this balance.

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DYENA LTD

The following reproduces the text of the report prepared for the director and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Dyena Ltd for the year ended 28 February 2017 which comprise the Income Statement, Balance
Sheet and the related notes from the company's accounting records and from information and explanations you have
given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Dyena Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dyena Ltd and state those matters that we have agreed to state to the director of Dyena Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dyena Ltd director for our work or for this report.

It is your duty to ensure that Dyena Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dyena Ltd. You consider that Dyena Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dyena Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothman Pantall LLP
1st Floor
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ


Date: .............................................

This page does not form part of the statutory financial statements

Page 6