DESNYAM_LTD - Accounts

DESNYAM LTD - Company Information

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Company Registration No. 09181993 (England and Wales)

DESNYAM LTD

DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2015

DESNYAM LTD

COMPANY INFORMATION

Director

Mr Stephen Kariuki

Secretary

Company number

09181993

Registered office

Accountants

Business address

230 Conniburrow Boulevard

Milton Keynes

Buckinghamshire

MK14 7AH

DESNYAM LTD

CONTENTS

Page

Director's report

Accountants' report

Profit and loss account

Balance sheet

Notes to the financial statements

5 - 6

DESNYAM LTD

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 AUGUST 2015

- 1 -

The director presents his report and financial statements for the year ended 31 August 2015.

Director

The following director has held office since 1 September 2014:

Mr Stephen Kariuki

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

Mr Stephen Kariuki

Director

13 November 2015

DESNYAM LTD

APPLEMED LTD ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DESNYAM LTD FOR THE YEAR ENDED 31 AUGUST 2015

- 2 -

You consider that the company is exempt from an audit for the year ended 31 August 2015. You have acknowledged, on the balance sheet, your responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006, and for preparing accounts which give a true and fair view of the state of affairs of the company and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared these accounts on pages 3 to 6 from the accounting records of the company and on the basis of information and explanations you have given us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

13 November 2015

Applemed Ltd Accountants

DESNYAM LTD

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2015

- 3 -

2015

Notes

Turnover

58,626

Administrative expenses

(33,357)

Profit on ordinary activities before taxation

25,269

Tax on profit on ordinary activities

(5,054)

Profit for the year

20,215

The profit and loss account has been prepared on the basis that all operations are continuing operations.

There are no recognised gains and losses other than those passing through the profit and loss account.

DESNYAM LTD

BALANCE SHEET

AS AT

31 AUGUST 2015

- 4 -

2015

Notes

Current assets

Debtors

4,869

Cash at bank and in hand

1,658

6,527

Creditors: amounts falling due within one year

(5,054)

Total assets less current liabilities

1,473

Capital and reserves

Called up share capital

Profit and loss account

1,472

Shareholders' funds

1,473

For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

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

Approved by the Board and authorised for issue on 13 November 2015

Mr Stephen Kariuki

Director

Company Registration No. 09181993

DESNYAM LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2015

- 5 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Operating profit

2015

Operating profit is stated after charging:

Director's remuneration

15,479

Taxation

2015

Domestic current year tax

U.K. corporation tax

5,054

Total current tax

5,054

Factors affecting the tax charge for the year

Profit on ordinary activities before taxation

25,269

Profit on ordinary activities before taxation multiplied by standard rate of UK corporation tax of 20.00%

5,054

Current tax charge for the year

5,054

Dividends

2015

Ordinary final paid

18,743

DESNYAM LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2015

- 6 -

Debtors

2015

Other debtors

4,869

Creditors: amounts falling due within one year

2015

Taxation and social security

5,054

Share capital

2015

Allotted, called up and fully paid

1 of £1 each

Statement of movements on profit and loss account

Profit and loss
account

Profit for the year

20,215

Dividends paid

(18,743)

Balance at 31 August 2015

1,472

Reconciliation of movements in Shareholders' funds

2015

Profit for the financial year

20,215

Dividends

(18,743)

Net addition to shareholders' funds

1,472

Opening Shareholders' funds

Closing Shareholders' funds

1,473