Accounts filed on 31-12-2014
Accounts filed on 31-12-2014
trueDC21 Earth SPV Limited085041512014-12-31-41311025909011000129940102590901001562375018214651-20465313746540170001153949111605202026118020261180Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date where transactions or events have occurred at that date that will result in an obligation
to pay more, or a right to pay less or to receive more tax.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods
in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the
balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.Land & Buildingsstraight line0.0500203110302031103498504985203110302031103498504985Ordinary1000110001000Ordinary A1000110000Ordinary16001600Ordinary A1400400ordinary shares1999999300400
The two classes of share rank pari passu in all material respects.
Secured liabilitiesAggregate amount of secured liabilities £1,724,000 (2014:Nil)Ultimate controlling partyThe company is a subsidiary of DC21 Limited. There is no one controlling party of this company.2015-03-26K J Daretruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureDC21 Earth SPV Limited2014-05-012014-12-31DC21 Earth SPV Limited2013-05-012014-04-30DC21 Earth SPV Limited2013-04-30DC21 Earth SPV Limited2014-04-30DC21 Earth SPV Limited2014-04-30DC21 Earth SPV Limited2014-12-31 2015-08-26
