| Registered Number:03729862 |
For the year ended 31 December 2017
England and Wales
Unaudited Financial Statements
DesiCon Ltd
Statement of Financial Position
2016
2017
| Property, plant and equipment |
25,653
30,471
2
25,653
30,471
2,000
2,000
3
| Trade and other receivables |
54,061
53,118
4
99,470
| Cash and cash equivalents |
40,985
96,103
155,531
| Trade and other payables: amounts falling due within one year |
(119,571)
(74,044)
5
35,960
22,059
Net current assets
| Total assets less current liabilities |
47,712
66,431
(1,400)
(1,400)
| Provisions for liabilities |
46,312
Net assets
65,031
100
100
46,212
64,931
46,312
65,031
Shareholders' funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| 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. |
| Mr Peter Bentley Director |
| These financial statements were approved and authorised for issue by the Board on 20 March 2018 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2017
DesiCon Ltd
Notes to the Financial Statements
Statutory Information
| DesiCon Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 03729862. |
Sandyridge
Church Lane
Rookery
Stoke on Trent
ST7 4RS
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
| 2. Property, plant and equipment |
Plant and machinery
77,960
3,145
81,105
| Provision for depreciation and impairment |
47,489
Charge for year
7,963
55,452
25,653
30,471
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For the year ended 31 December 2017
DesiCon Ltd
Notes to the Financial Statements Continued
2016
2017
2,000
2,000
| 4. Trade and other receivables |
2016
2017
53,118
54,061
| 5. Trade and other payables: amounts falling due within one year |
2016
2017
11,968
19,308
| Taxation and social security |
2,076
18,763
60,000
81,500
74,044
119,571
| 6. Related party transactions |
The directors are persons of significant control by reason of their shareholdings.
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