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REGISTERED NUMBER: 01916098 (England and Wales)















INVESTMENT DISCOUNTS LIMITED

Unaudited Financial Statements for the Year Ended 30 September 2017






INVESTMENT DISCOUNTS LIMITED (REGISTERED NUMBER: 01916098)

Contents of the Financial Statements
for the year ended 30 September 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVESTMENT DISCOUNTS LIMITED

Company Information
for the year ended 30 September 2017







DIRECTORS: Mr E J Hudson
Mrs B L Selby



SECRETARY: Mrs B L Selby



REGISTERED OFFICE: Royal Oak Chambers
22 Village Road
Bebington
Wirral
Cheshire
CH63 8PT



REGISTERED NUMBER: 01916098 (England and Wales)



ACCOUNTANTS: Apple Accountants
Chartered Accountants
Royal Oak Chambers
22 Village Road
Bebington, Wirral
Cheshire
CH63 8PT



BANKERS: HSBC Bank plc
58 Bromborough Road
Bromborough
Wirral
Cheshire
CH62 7ET

INVESTMENT DISCOUNTS LIMITED (REGISTERED NUMBER: 01916098)

Balance Sheet
30 September 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 256,384 258,381

CURRENT ASSETS
Stocks 750 750
Debtors 4 (2,621 ) 2,578
Cash at bank and in hand 269,146 209,094
267,275 212,422
CREDITORS
Amounts falling due within one year 5 204,685 196,333
NET CURRENT ASSETS 62,590 16,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

318,974

274,470

CREDITORS
Amounts falling due after more than one year 6 20,487 -
NET ASSETS 298,487 274,470

CAPITAL AND RESERVES
Called up share capital 21,000 21,000
Retained earnings 277,487 253,470
SHAREHOLDERS' FUNDS 298,487 274,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

INVESTMENT DISCOUNTS LIMITED (REGISTERED NUMBER: 01916098)

Balance Sheet - continued
30 September 2017


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 December 2017 and were signed on its behalf by:





Mrs B L Selby - Director


INVESTMENT DISCOUNTS LIMITED (REGISTERED NUMBER: 01916098)

Notes to the Financial Statements
for the year ended 30 September 2017


1. STATUTORY INFORMATION

Investment Discounts 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent
that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been
enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to profit or loss in the period to which they relate.

INVESTMENT DISCOUNTS LIMITED (REGISTERED NUMBER: 01916098)

Notes to the Financial Statements - continued
for the year ended 30 September 2017


3. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2016 244,288 161,933 406,221
Additions - 1,526 1,526
At 30 September 2017 244,288 163,459 407,747
DEPRECIATION
At 1 October 2016 - 147,840 147,840
Charge for year - 3,523 3,523
At 30 September 2017 - 151,363 151,363
NET BOOK VALUE
At 30 September 2017 244,288 12,096 256,384
At 30 September 2016 244,288 14,093 258,381

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors (5,408 ) 421
Other debtors 2,787 2,157
(2,621 ) 2,578

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 183,352 186,130
Taxation and social security 11,667 6,963
Other creditors 9,666 3,240
204,685 196,333

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Other creditors 20,487 -