DISCOVERY NETWORK SERVICES LIMITED - Accounts to registrar (filleted)

REGISTERED NUMBER: 02962107 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2017

for

DISCOVERY NETWORK SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

P A Donnelly

SECRETARY:

Mrs H Donnelly

REGISTERED OFFICE:

42 Wickham Close

Chipping Sodbury

Bristol

BS37 6NH

REGISTERED NUMBER:

02962107 (England and Wales)

ACCOUNTANTS:

Derek J Stenner Ltd

Chartered Accountant

The Mews,

Hounds Road,

Chipping Sodbury,

South Gloucestershire.

BS37 6EE

FIXED ASSETS

Tangible assets

4

299

596

CURRENT ASSETS

Debtors

5

15,272

-

Cash at bank

166,929

68,698

182,201

68,698

CREDITORS

Amounts falling due within one year

6

6,133

5,374

NET CURRENT ASSETS

176,068

63,324

TOTAL ASSETS LESS CURRENT
LIABILITIES

176,367

63,920

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

176,365

63,918

SHAREHOLDERS' FUNDS

176,367

63,920

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 19 December 2017 and were signed by:

P A Donnelly - Director

1.	STATUTORY INFORMATION

DISCOVERY NETWORK SERVICES LIMITED 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

Totals

£

COST

At 1 September 2016

and 31 August 2017

1,688

9,934

11,622

DEPRECIATION

At 1 September 2016

1,685

9,341

11,026

Charge for year

1

296

297

At 31 August 2017

1,686

9,637

11,323

NET BOOK VALUE

At 31 August 2017

2

297

299

At 31 August 2016

3

593

596

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade debtors

15,272

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Other creditors

6,133

5,374

The following reproduces the text of the report prepared for the director 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 DISCOVERY NETWORK SERVICES LIMITED for the year ended 31 August 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 DISCOVERY NETWORK SERVICES LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DISCOVERY NETWORK SERVICES LIMITED and state those matters that we have agreed to state to the director of DISCOVERY NETWORK SERVICES LIMITED 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 DISCOVERY NETWORK SERVICES LIMITED director for our work or for this report.

It is your duty to ensure that DISCOVERY NETWORK SERVICES LIMITED 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 DISCOVERY NETWORK SERVICES LIMITED. You consider that DISCOVERY NETWORK SERVICES LIMITED 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 DISCOVERY NETWORK SERVICES LIMITED. 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.