DK Motorcycles Holdings Limited - Accounts to registrar (filleted) - small 18.2

DK Motorcycles Holdings Limited - Accounts to registrar (filleted) - small 18.2

DK MOTORCYCLES HOLDINGS LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.3.0.592 08559379 Board of Directors Board of Directors 1.4.17 31.3.18 31.3.18 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure085593792017-03-31085593792018-03-31085593792017-04-012018-03-31085593792016-03-31085593792016-04-012017-03-31085593792017-03-3108559379ns15:EnglandWales2017-04-012018-03-3108559379ns14:PoundSterling2017-04-012018-03-3108559379ns10:Director12017-04-012018-03-3108559379ns10:Director22017-04-012018-03-3108559379ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3108559379ns10:SmallEntities2017-04-012018-03-3108559379ns10:AuditExempt-NoAccountantsReport2017-04-012018-03-3108559379ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3108559379ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3108559379ns10:FullAccounts2017-04-012018-03-3108559379ns10:RegisteredOffice2017-04-012018-03-3108559379ns5:CurrentFinancialInstruments2018-03-3108559379ns5:CurrentFinancialInstruments2017-03-3108559379ns5:ShareCapital2018-03-3108559379ns5:ShareCapital2017-03-3108559379ns5:RetainedEarningsAccumulatedLosses2018-03-3108559379ns5:RetainedEarningsAccumulatedLosses2017-03-3108559379ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3108559379ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-31


REGISTERED NUMBER: 08559379 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2018

for

DK Motorcycles Holdings Limited
DK Motorcycles Holdings Limited (Registered number: 08559379)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DK Motorcycles Holdings Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: K D Neesam
D J Neesam





REGISTERED OFFICE: Swift House
Liverpool Road
Newcastle
Staffordshire
ST5 9JJ





REGISTERED NUMBER: 08559379 (England and Wales)





Page 1
DK Motorcycles Holdings Limited (Registered number: 08559379)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Investments 5 100 100

CURRENT ASSETS
Debtors 6 484,502 377,584
Cash at bank 12,722 49
497,224 377,633
CREDITORS
Amounts falling due within one year 7 25,560 -
NET CURRENT ASSETS 471,664 377,633
TOTAL ASSETS LESS CURRENT LIABILITIES 471,764 377,733

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 471,664 377,633
SHAREHOLDERS' FUNDS 471,764 377,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 notes form part of these financial statements

Page 2 continued...
DK Motorcycles Holdings Limited (Registered number: 08559379)

Balance Sheet - continued
31 March 2018


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 17 October 2018 and were signed on its
behalf by:




K D Neesam - Director



D J Neesam - Director


The notes form part of these financial statements

Page 3
DK Motorcycles Holdings Limited (Registered number: 08559379)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

DK Motorcycles Holdings 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the
revaluation of certain assets and are presented in Pounds Sterling (£) being the functional currency.

The financial statements have been prepared on the assumption that the company is able to carry on
business as a going concern, which the directors consider appropriate having regard to the company's
current and expected performance.

Preparation of consolidated financial statements
The financial statements contain information about DK Motorcycles Holdings Limited as an individual
company and do not contain consolidated financial information as the parent of a group. The company
is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare
consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland' section 1AC.35, not to
disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible
preference and non-puttable ordinary shares which are measured at fair value, with changes
recognised in profit or loss. Derivative financial instruments are initially recorded at cost and
thereafter at fair value with changes recognised in profit or loss.

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.

Page 4 continued...
DK Motorcycles Holdings Limited (Registered number: 08559379)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period
of the lease.

4. EMPLOYEES

The average number of employees during the year was NIL (2017 - NIL).

5. FIXED ASSET INVESTMENTS


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 20,391 -
Amounts owed by group undertakings 436,392 377,584
Other debtors 27,719 -
484,502 377,584

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 18,750 -
Taxation and social security 6,810 -
25,560 -

8. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the
statement of financial position amount to £337,500.

Page 5