Davies Salvage Limited Filleted accounts for Companies House (small and micro)

DAVIES SALVAGE LIMITED - Company Information

false false false false false false false false false true false false false false false false false No description of principal activity 2016-11-01 Sage Accounts Production Advanced 2018 - FRS xbrli:pure xbrli:shares iso4217:GBP 07805491 2016-11-01 2017-10-31 07805491 2017-10-31 07805491 2016-10-31 07805491 bus:LeadAgentIfApplicable 2016-11-01 2017-10-31 07805491 bus:Director1 2016-11-01 2017-10-31 07805491 bus:Director2 2016-11-01 2017-10-31 07805491 core:WithinOneYear 2017-10-31 07805491 core:WithinOneYear 2016-10-31 07805491 core:AfterOneYear 2017-10-31 07805491 core:AfterOneYear 2016-10-31 07805491 bus:Micro-entities 2016-11-01 2017-10-31 07805491 bus:AuditExemptWithAccountantsReport 2016-11-01 2017-10-31 07805491 bus:FullAccounts 2016-11-01 2017-10-31 07805491 bus:SmallCompaniesRegimeForAccounts 2016-11-01 2017-10-31 07805491 bus:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31

COMPANY REGISTRATION NUMBER: 07805491

Davies Salvage Limited

Filleted Unaudited Financial Statements

for the year ended

31 October 2017

Davies Salvage Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Davies Salvage Limited

for the year ended 31st October 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Davies Salvage Limited for the year ended 31st October 2017, which comprise the statement of financial position and the notes to the financial statements 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Davies Salvage Limited, as a body, in accordance with the terms of our engagement letter dated 4th March 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Davies Salvage Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Davies Salvage Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Davies Salvage 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 Davies Salvage Limited. You consider that Davies Salvage 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 Davies Salvage 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.

MOORE THOMPSON Chartered Accountants

Bank House Broad Street Spalding PE11 1TB

Dated: 11 July 2018

Davies Salvage Limited

Statement of Financial Position

as at 31 October 2017

2017		2016
£	£	£	£

Fixed assets		51,330		60,365

Current assets	84,689		72,276

Creditors: amounts falling due within one year	99,253		99,848
	-----------		-----------
Net current liabilities		( 14,564)		( 27,572)
		-----------		-----------
Total assets less current liabilities		36,766		32,793

Creditors: amounts falling due after more than one year		2,708		5,208

Provisions		–		9,711

Accruals and deferred income	3,083	5,000
	-----------	-----------
	30,975	12,874
	-----------	-----------

Capital and reserves	30,975	12,874
	-----------	-----------

For the year ending 31st October 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 5 July 2018 , and are signed on behalf of the board by:

Mr J Davies	Mrs A Davies
Director	Director

Company registration number: 07805491

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Langar North Trading Estate, Harby Road, Langar, Nottingham, Nottinghamshire, NG13 9HY, United Kingdom.