Caseware UK (AP4) 2016.0.181 2016.0.181 2018-03-31 2018-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. true false No description of principal activity false 2017-04-01 05671737 2017-04-01 2018-03-31 05671737 2016-04-01 2017-03-31 05671737 2018-03-31 05671737 2017-03-31 05671737 c:Director1 2017-04-01 2018-03-31 05671737 c:RegisteredOffice 2017-04-01 2018-03-31 05671737 d:FurnitureFittings 2017-04-01 2018-03-31 05671737 d:FurnitureFittings 2018-03-31 05671737 d:FurnitureFittings 2017-03-31 05671737 d:FurnitureFittings d:OwnedOrFreeholdAssets 2017-04-01 2018-03-31 05671737 d:ComputerEquipment 2017-04-01 2018-03-31 05671737 d:ComputerEquipment 2018-03-31 05671737 d:ComputerEquipment 2017-03-31 05671737 d:ComputerEquipment d:OwnedOrFreeholdAssets 2017-04-01 2018-03-31 05671737 d:OwnedOrFreeholdAssets 2017-04-01 2018-03-31 05671737 d:CurrentFinancialInstruments 2018-03-31 05671737 d:CurrentFinancialInstruments 2017-03-31 05671737 d:CurrentFinancialInstruments d:WithinOneYear 2018-03-31 05671737 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 05671737 d:ShareCapital 2018-03-31 05671737 d:ShareCapital 2017-03-31 05671737 d:RetainedEarningsAccumulatedLosses 2018-03-31 05671737 d:RetainedEarningsAccumulatedLosses 2017-03-31 05671737 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2018-03-31 05671737 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2017-03-31 05671737 c:FRS102 2017-04-01 2018-03-31 05671737 c:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 05671737 c:FullAccounts 2017-04-01 2018-03-31 05671737 c:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 iso4217:GBP xbrli:pure

Registered number:  05671737









DLB ESTATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2018

 
COMPANY INFORMATION


D Baker  




05671737



Aston House
Cornwall Avenue

London

N3 1LF




Adler Shine LLP
Chartered Accountants

Aston House

Cornwall Avenue

London

N3 1LF






BALANCE SHEET
AS AT  31 MARCH 2018

2018
2017
Note
£
£
   

Tangible assets
 4 
742
988

Current assets
   

Debtors: amounts falling due within one year
 5 
101,388
24,979

Cash at bank and in hand
 6 
7,418
5,805

   
108,806
30,784

Creditors: amounts falling due within one year
 7 
(26,090 )
(5,366 )

Net current assets
   
 
 
82,716
 
 
25,418

Net assets
   
83,458
26,406

Capital and reserves
   

Called up share capital 
   
2
2

Profit and loss account
   
83,456
26,404

   
83,458
26,406


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The  financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by : 




Director

Date:  7 November 2018

The notes on pages 2 to 5 form part of these financial statements.

Page 1


General information

DLB Estates Limited is a private company limited by shares. The company is incorporated in England and Wales and the address of the registered office is Aston House, Cornwall Avenue, London, N3 1LF. The company registered number is 05671737.

2. Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of  Financial Reporting Standard 102, the Financial Reporting Standard applicable in  the UK and the Republic of Ireland and the Companies Act 2006 .

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in the Statement of income and retained earnings using the effective interest method.

2.4

Taxation

Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25% reducing balance
Computer equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

2.6

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short term 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.

2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

The average monthly number of employees, including directors, during the year was  2  (2017 -  1 ) .

Page 3





Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2017
7,366
1,963
9,329



At 31 March 2018

7,366
1,963
9,329



Depreciation


At 1 April 2017
6,988
1,353
8,341


Charge for the year on owned assets
94
152
246



At 31 March 2018

7,082
1,505
8,587



Net book value



At 31 March 2018
284
458
742



At 31 March 2017
378
610
988

2018
2017
£
£


Trade debtors
3,859
11,831

Other debtors
97,529
13,148

101,388
24,979


2018
2017
£
£

Cash at bank and in hand
7,418
5,805

7,418
5,805


Page 4

2018
2017
£
£

Trade creditors
568
492

Corporation tax
13,490
1,568

Other taxation and social security
10,516
1,456

Accruals and deferred income
1,516
1,850

26,090
5,366


2018
2017
£
£


Financial assets measured at fair value through profit or loss
7,418
5,805



At the balance sheet date included in other debtors is an amount of £97,529 (2017:£13,148) due from the director. The loan is unsecured, Interest free and repayable within 9 months.

The company was jointly controlled by D Baker and H Baker by virtue of their shareholding.

 
Page 5