Dexbay Properties Limited - Accounts to registrar (filleted) - small 18.2

Dexbay Properties Limited - Accounts to registrar (filleted) - small 18.2

DEXBAY PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 08126832 (England and Wales)



















DEXBAY PROPERTIES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017






DEXBAY PROPERTIES LIMITED (REGISTERED NUMBER: 08126832)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DEXBAY PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2017







DIRECTOR: Mr M Freund





REGISTERED OFFICE: First Floor
94 Stamford Hill
London
N16 6XS





REGISTERED NUMBER: 08126832 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS
Page 1
DEXBAY PROPERTIES LIMITED (REGISTERED NUMBER: 08126832)

BALANCE SHEET
31 JULY 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Stocks 4,268,650 2,663,849
Debtors 5 - 27,000
4,268,650 2,690,849
CREDITORS
Amounts falling due within one year 6 4,293,817 2,710,376
NET CURRENT LIABILITIES (25,167 ) (19,527 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(25,167
)
(19,527
)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (25,168 ) (19,528 )
(25,167 ) (19,527 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 27 December 2018 and were signed by:





Mr M Freund - Director


The notes on page 3 form part of these financial statements

Page 2
DEXBAY PROPERTIES LIMITED (REGISTERED NUMBER: 08126832)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017

1. STATUTORY INFORMATION

Dexbay Properties 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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 July 2017 are the first that are prepared in
accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance
with UK GAAP, the date of transition to FRS 102 Section 1A is 1 August 2015.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors - 27,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 712,920 93,844
Other creditors 3,580,897 2,616,532
4,293,817 2,710,376

7. RELATED PARTY DISCLOSURES

Included in other creditors is £3,489,614 due to the parent undertaking, Croydon Hill Estates Limited.

8. PARENT UNDERTAKING

The parent undertaking is Croydon Hill Estates Limited.

9. FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS 102. The company transitioned to FRS
102 on 1 August 2015.

No transitional adjustments were required in equity or profit or loss for the year.

Page 3