Dourside Ltd - Limited company accounts 18.1.1

REGISTERED NUMBER: 10102596 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 April 2018

for

Dourside Ltd

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

S R Lawrence

G Kingsbury

SECRETARY:

REGISTERED OFFICE:

Unit C3

Knights Park Industrial Estate

Knight Road

Rochester

Kent

ME2 2LS

REGISTERED NUMBER:

10102596 (England and Wales)

ACCOUNTANTS:

I.B.C.

Unit C3 Knights Park Industrial Estate,

Knight Road,

Rochester,

Kent,

ME2 2LS.

The directors present their report with the financial statements of the company for the year ended 30 April 2018.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2017 to the date of this report.

S R Lawrence

G Kingsbury

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

S R Lawrence - Director

25 June 2018

TURNOVER

-

1,200

Administrative expenses

19,118

363

(19,118

)

837

Other operating income

3,021

-

OPERATING (LOSS)/PROFIT

(16,097

)

837

Interest receivable and similar income

10

-

(LOSS)/PROFIT BEFORE TAXATION

(16,087

)

837

Tax on (loss)/profit

-

167

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(16,087

)

670

FIXED ASSETS

Tangible assets

3

157,424

-

CURRENT ASSETS

Cash at bank

321

1,200

CREDITORS

Amounts falling due within one year

4

173,162

530

NET CURRENT (LIABILITIES)/ASSETS

(172,841

)

670

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,417

)

670

RESERVES

Retained earnings

(15,417

)

670

SHAREHOLDERS' FUNDS

(15,417

)

670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 June 2018 and were signed on its behalf by:

S R Lawrence - Director

1.	STATUTORY INFORMATION

Dourside 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 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

Additions

157,424

At 30 April 2018

157,424

NET BOOK VALUE

At 30 April 2018

157,424

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade creditors

1

-

Tax

167

167

Directors' loan accounts

172,631

-

Accruals and deferred income

363

363

173,162

530