Double R Consol Limited - Period Ending 2018-05-31

Double R Consol Limited
Annual Report and
Unaudited Financial Statements
31 May 2018

Double R Consol Limited

Balance Sheet
31 May 2018

	Note	2018 £	2017 £
Creditors: Amounts falling due within one year	3	(130,815)	(130,815)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(130,816)	(130,816)
Total equity		(130,815)	(130,815)

For the financial year ending 31 May 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 25 February 2019

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

Mr Neal Colin Rothwell

Director

Company Registration Number: 5336940

The notes on pages 2 to 3 form an integral part of these financial statements.

Double R Consol Limited

Notes to the Financial Statements
31 May 2018

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:
Unit A
Birch Business Park
Whittle Lane
Heywood
OL10 2SX

These financial statements were authorised for issue by the director on 25 February 2019.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Double R Consol Limited

Notes to the Financial Statements
31 May 2018

Creditors

	Note	2018 £	2017 £
Due within one year
Amounts due to related parties		130,815	130,815

4	Share capital

Allotted, called up and fully paid shares

	2018		2017
	No.	£	No.	£
Ordinary shares of £1 each	1	1	1	1