| Registered Number:07425688 |
For the year ended 31 March 2016
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2016
20 D B Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
20 D B Limited
Statement of Financial Position
2015
2016
22,000
22,000
2
| Property, plant and equipment |
4,716
6,737
3
26,716
28,737
| Trade and other receivables |
12,117
16,707
4
16,897
| Cash and cash equivalents |
24,814
41,521
29,014
| Trade and other payables: amounts falling due within one |
| year |
(11,679)
(14,229)
5
17,335
27,292
Net current assets
| Total assets less current liabilities |
54,008
46,072
54,008
Net assets
46,072
1
1
54,007
46,071
54,008
46,072
Shareholders' funds
| For the year ended 31 March 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| 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. |
| Mr Donovan Hepburn Director |
| These financial statements were approved and authorised for issue by the Board on 17 December 2016 and were signed by: |
| The notes form part of these financial statements |
1 of 4
For the year ended 31 March 2016
20 D B Limited
Notes to the Financial Statements
Statutory Information
| 20 D B Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 07425688. |
5 Sandy's Grove
Tipton
West Midlands
DY4 9TE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
| 2. Intangible fixed assets |
Goodwill
22,000
22,000
22,000
22,000
2 of 4
For the year ended 31 March 2016
20 D B Limited
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
20,208
20,208
| Provision for depreciation and impairment |
13,471
Charge for year
2,021
15,492
4,716
6,737
| 4. Trade and other receivables |
2015
2016
16,707
12,117
| 5. Trade and other payables: amounts falling due within one year |
2015
2016
-
1,055
| Taxation and social security |
8,437
10,150
5,792
474
14,229
11,679
3 of 4
For the year ended 31 March 2016
20 D B Limited
Notes to the Financial Statements Continued
4 of 4