DKN Estates Ltd - Accounts to registrar (filleted) - small 17.3

DKN Estates Ltd - Accounts to registrar (filleted) - small 17.3

DKN ESTATES LTD - Company Information

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REGISTERED NUMBER: 10050637 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 8 MARCH 2016 TO 31 MARCH 2017

FOR

DKN ESTATES LTD
DKN ESTATES LTD (REGISTERED NUMBER: 10050637)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 MARCH 2016 TO 31 MARCH 2017










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


DKN ESTATES LTD

COMPANY INFORMATION
FOR THE PERIOD 8 MARCH 2016 TO 31 MARCH 2017







DIRECTORS: Mr S Nahata
Mrs V Nahata





REGISTERED OFFICE: 93 Bohemia Road
St. Leonards-On-Sea
TN37 6RJ





REGISTERED NUMBER: 10050637 (England and Wales)





ACCOUNTANTS: Acuity Professional (Sellens French) LLP
91-97 Bohemia Road
St Leonards on Sea
East Sussex
TN37 6RJ
Page 1
DKN ESTATES LTD (REGISTERED NUMBER: 10050637)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2017

Notes £    £   
FIXED ASSETS
Investment property 3 371,026

CURRENT ASSETS
Cash at bank 4,505

CREDITORS
Amounts falling due within one year 4 373,971
NET CURRENT LIABILITIES (369,466 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,560

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 7 1,460
SHAREHOLDERS' FUNDS 1,560

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 7 December 2017 and were signed on its behalf
by:





Mr S Nahata - Director


The notes form part of these financial statements

Page 2
DKN ESTATES LTD (REGISTERED NUMBER: 10050637)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 MARCH 2016 TO 31 MARCH 2017


1. STATUTORY INFORMATION

DKN Estates 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.

TURNOVER
Turnover represents net invoiced sales of goods, excluding value added tax.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

3. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 371,026
At 31 March 2017 371,026
Net book value
At 31 March 2017 371,026

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other loans (see note 5) 227,465
Tax 365
Directors' current accounts 145,781
Accruals and deferred income 360
373,971

5. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Other loans 227,465

Page 3 continued...
DKN ESTATES LTD (REGISTERED NUMBER: 10050637)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 8 MARCH 2016 TO 31 MARCH 2017


6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

7. RESERVES
Retained
earnings
£   

Profit for the period 1,460
At 31 March 2017 1,460

8. RELATED PARTY DISCLOSURES

At balance sheet date, there was an amount due to the director, Mr S Nahata of £145,781.This is an interest free
advance to the company and does not have a fixed date of repayment.

9. ULTIMATE CONTROLLING PARTY

The Controlling party of the company is the both the directors.

Page 4