Accounts filed on 31-03-2017


Registered number: 08114782






Dartford Property Investments Limited


ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2017
























Prepared By:
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU


Dartford Property Investments Limited


FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017





DIRECTORS
Rev C L Gillham



SECRETARY
I R Williams


REGISTERED OFFICE
Crosslyn House
Spittal
Haverfordwest
Pembrokeshire
SA62 5QT


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08114782



ACCOUNTANTS
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU


FINANCIAL STATEMENTS
FOR THEYEARENDED31 MARCH 2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 March 2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1,403,003		1,338,003
Investment Assets	3		10,000		10,000

			1,413,003		1,348,003

CURRENT ASSETS
Debtors	4	18,836		19,062
Cash at bank and in hand		14,613		22,812
		33,449		41,874
CREDITORS: Amounts falling due within one year	5	156,800		161,119
NET CURRENT LIABILITIES			(123,351)		(119,245)
TOTAL ASSETS LESS CURRENT LIABILITIES			1,289,652		1,228,758

CAPITAL AND RESERVES

Called up share capital	7		1,164		1,164
Share premium account	8		1,181,158		1,181,158
Profit and loss account			107,330		46,436
SHAREHOLDERS' FUNDS			1,289,652		1,228,758

For the year ending 31 March 2017 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 21 December 2017 and signed on their behalf by



.............................
Rev C L Gillham
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Fixed assets are shown at historical cost.
Depreciation is provided, after taking account of any grants receivable, at 2% per annum in order to write off each asset over its estimated useful life.




1c. Investments
Investments held as fixed assets are stated at cost, together with subsequent capital contributions, less any provisions for impairment in value. Investment income is recognised in the financial statements when the comapny becomes entitled to share its profits from the fixed asses investment.




2. TANGIBLE FIXED ASSETS

	Land And	Plant and
	Buildings	Machinery	Total
	£	£	£
Cost
At 1 April 2016	1,338,003	-	1,338,003
Additions	-	65,000	65,000
At 31 March 2017	1,338,003	65,000	1,403,003
Depreciation
At 31 March 2017	-	-	-
Net Book Amounts
At 31 March 2017	1,338,003	65,000	1,403,003
At 31 March 2016	1,338,003	-	1,338,003
No depreciation is provided on freehold property and paintings as the amount that is depreciated is the difference between cost and residual value. In the opinion of the directors, the residual value of the property is at least cost and there is therefore no depreciation to provide.




4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	5,228	4,951
Other debtors	10,253	10,878
Prepayments	3,355	3,233
	18,836	19,062




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	16,473	-
Directors current account	136,412	155,689
Trade creditors	2,535	4,506
Accruals	1,380	924
	156,800	161,119




7. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
478 A Ordinary of £1 each	478	478
570 B Ordinary of £1 each	570	570
116 C Ordinary of £1 each	116	116
	1,164	1,164




9. CONTROLLING PARTY
The company is controlled by the Trustees of the Dartford Property Investments Ltd Employee Ownership Trust by virtue of their 51.03% shareholding




10. CONTINGENT LIABILITIES
The company is a member of Cophet LLP and is liable to the assets of the LLP in the event of a winding up before 1 April 2021. The maximum liability in relation to this undertaking is £60,799. The company does not believe that a winding up of the LLP is probable and has not made a provision for the liability at 31 March 2017.




11. EMPLOYEE OWNERSHIP TRUST
During 2013 the Company established an employee ownership trust, The Dartford Property Investments Ltd Employee Ownership Trust.
Christopher Leon Gillham gifted 24 A Ordinary and 58 C Ordinary shares in the company to the Trust. The late Mrs Audrey Youens Gillham gifted 454 A Ordinary and 58 C Ordinary shares in the Company to the Trust.
Under the terms of the trust deed the shareholders of the Company are excluded beneficiaries of the Trust such that the Trustees may not apply the Trust property for their benefit.