Dunbar Limited 30/09/2017 iXBRL
Dunbar Limited 30/09/2017 iXBRL
Company registration number:
NI029226
Unaudited filleted financial statements
Contents
Statement of financial position
Notes to the financial statements
Statement of financial position
30 September 2017
2017 | 2016 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Investments | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 7 |
(
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(
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_______ | _______ | ||||||||
Net current assets |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Provisions for liabilities |
(
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(
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
14 June 2018
, and are signed on behalf of the board by:
Director
Company registration number:
NI029226
Notes to the financial statements
Year ended 30 September 2017
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 3 Limavady Road, Londonderry, BT47 6JU.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 October 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 10.
Taxation
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss. Investment properties are stated at fair value.
Impairment
Provisions
Financial instruments
4.
Staff costs
The average number of persons employed by the company during the year amounted to
1
(2016:
1
).
5.
Investments
Other investments other than loans | Total | ||
£ | £ | ||
Cost/ Valuation | |||
At 1 October 2016 and 30 September 2017 |
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_______ | _______ | ||
Impairment | |||
At 1 October 2016 and 30 September 2017 | - | - | |
_______ | _______ | ||
Carrying amount | |||
At 30 September 2017 |
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_______ | _______ | ||
At 30 September 2016 |
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_______ | _______ | ||
Included in 'Other investments other than loans' are Investment Properties at fair value. The director considers the valuation to reflect fair value at 30th September 2017 based on a valuation by Tom Magee Limited, commercial property agents and based on their knowledge of the property market.
6.
Debtors
2017 | 2016 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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_______ | _______ | |||
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_______ | _______ | |||
7.
Creditors: amounts falling due within one year
2017 | 2016 | |||
£ | £ | |||
Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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_______ | _______ | |||
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_______ | _______ | |||
8.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | ||||
2017 | ||||
Balance brought forward | Advances /(credits) to the director | Balance o/standing | ||
£ | £ | £ | ||
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(
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(
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_______ | _______ | _______ | ||
2016 | ||||
Balance brought forward | Advances /(credits) to the director | Balance o/standing | ||
£ | £ | £ | ||
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(
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(
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(
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_______ | _______ | _______ | ||
9.
Controlling party
10.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 October 2015.
Reconciliation of equity
At 1 October 2015 | At 30 September 2016 | ||||||
Previously stated | Effect of transition | FRS 102 (restated) | Previously stated | Effect of transition | FRS 102 (restated) | ||
£ | £ | £ | £ | £ | £ | ||
Fixed assets |
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- |
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- |
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Current assets |
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- |
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- |
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Creditors amounts falling due within 1 year |
(
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- |
(
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(
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- |
(
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_______ | _______ | _______ | _______ | _______ | _______ | ||
Net current assets |
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- |
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- |
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_______ | _______ | _______ | _______ | _______ | _______ | ||
Total assets less current liabilities |
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- |
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- |
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Provisions for liabilities | - |
(
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(
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- |
(
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(
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_______ | _______ | _______ | _______ | _______ | _______ | ||
Net assets |
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(
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(
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_______ | _______ | _______ | _______ | _______ | _______ | ||
Equity |
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(
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(
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_______ | _______ | _______ | _______ | _______ | _______ | ||
Reconciliation of profit or loss for the year
No transitional adjustments were required.