Direct Asset Finance Limited - Period Ending 2018-03-31

Registration number: 06456740

Direct Asset Finance Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2018

Direct Asset Finance Limited

Contents

Balance Sheet

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Direct Asset Finance Limited

(Registration number: 06456740)
Balance Sheet as at 31 March 2018

	2018 £	2017 £
Fixed assets	94	138
Current assets	50,344	65,550
Prepayments and accrued income	600	600
Creditors: Amounts falling due within one year	(59,481)	(64,792)
Net current (liabilities)/assets	(8,537)	1,358
Total assets less current liabilities	(8,443)	1,496
Accruals and deferred income	(2,000)	(70)
	(10,443)	1,426
Capital and reserves	(10,443)	1,426

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2018 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 21 December 2018 and signed on its behalf by:
 

.........................................

Mr S Knowler
Company secretary and director

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Direct Asset Finance Limited

(Registration number: 06456740)
Balance Sheet as at 31 March 2018 (continued)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Freshford House
Redcliffe Way
Bristol
BS1 6NL
England

These financial statements were authorised for issue by the Board on 21 December 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2017 - 2).

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