Dadson Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10832693 (England and Wales)

Unaudited Financial Statements

for the Period

23 June 2017 to 30 June 2018

for

DADSON DEVELOPMENTS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

SWE Daniel

Mrs V Daniel

Mrs J A Daniel

SECRETARY:

SWE Daniel

REGISTERED OFFICE:

The Den

Tamworth Road

Keresley

Coventry

CV7 8JJ

REGISTERED NUMBER:

10832693 (England and Wales)

ACCOUNTANTS:

RBA Accountancy Limited

St Stephen's House

Laburnum Avenue

Robin Hoods Bay

North Yorkshire

YO22 4RR

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act

2006, the company is only required to file a Balance Sheet. Readers are cautioned that the

Income Statement and certain other primary statements and the Report of the Directors are

not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for

your approval the financial statements of Dadson Developments Limited for the period ended

30 June 2018 which comprise the Income Statement, Balance Sheet, Statement of Changes in

Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dadson Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dadson Developments Limited and state those matters that we have agreed to state to the Board of Directors of Dadson Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dadson Developments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dadson Developments 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 loss of Dadson Developments Limited. You consider that Dadson Developments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Dadson Developments 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.

RBA Accountancy Limited

St Stephen's House

Laburnum Avenue

Robin Hoods Bay

North Yorkshire

YO22 4RR

4 December 2018

CURRENT ASSETS

Stocks

387,490

Debtors

3

11,509

Cash at bank

1,081

400,080

CREDITORS

Amounts falling due within one year

4

401,205

NET CURRENT LIABILITIES

(1,125

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,125

)

CAPITAL AND RESERVES

Called up share capital

5

100

Retained earnings

6

(1,225

)

SHAREHOLDERS' FUNDS

(1,125

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 December 2018 and were signed on its behalf by:

SWE Daniel - Director

1.	STATUTORY INFORMATION

Dadson Developments 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.	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.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and

handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period 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 period 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.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

11,509

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

140

Other creditors

401,065

401,205

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

6.

RESERVES

Retained

earnings

£

Deficit for the period

(1,225

)

At 30 June 2018

(1,225

)

7.	RELATED PARTY DISCLOSURES

As at 30 June 2018 the company owed Mr SWE Daniel £240,450 and Mrs JA Daniel

£159,975. These amounts are interest free and repayable on demand.