| Dernier & Hamlyn Holdings Limited |
| Registered number: |
05597964 |
| Balance Sheet |
| as at 28 February 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
38 |
|
|
260 |
| Investments |
4 |
|
|
61,146 |
|
|
61,146 |
|
|
|
|
61,184 |
|
|
61,406 |
|
| Current assets |
| Debtors |
5 |
|
2,462,225 |
|
|
2,408,588 |
| Cash at bank and in hand |
|
|
7,283 |
|
|
17,484 |
|
|
|
2,469,508 |
|
|
2,426,072 |
|
| Creditors: amounts falling due within one year |
6 |
|
(830,823) |
|
|
(788,235) |
|
| Net current assets |
|
|
|
1,638,685 |
|
|
1,637,837 |
|
| Net assets |
|
|
|
1,699,869 |
|
|
1,699,243 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,650,000 |
|
|
1,650,000 |
| Share premium |
|
|
|
20,000 |
|
|
20,000 |
| Profit and loss account |
|
|
|
29,869 |
|
|
29,243 |
|
| Shareholders' funds |
|
|
|
1,699,869 |
|
|
1,699,243 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| G James |
| Director |
| Approved by the board on 11 November 2017 |
|
| Dernier & Hamlyn Holdings Limited |
| Notes to the Accounts |
| for the year ended 28 February 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
33% reducing balance |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Current and deferred tax assets and liabilities are not discounted. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2017 |
|
2016 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 March 2016 |
12,232 |
|
At 28 February 2017 |
12,232 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2016 |
11,972 |
|
Charge for the year |
222 |
|
At 28 February 2017 |
12,194 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2017 |
38 |
|
At 29 February 2016 |
260 |
|
|
| 4 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 March 2016 |
61,146 |
|
|
At 28 February 2017 |
61,146 |
|
|
| 5 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
2,461,522 |
|
2,407,795 |
|
Other debtors |
703 |
|
793 |
|
|
|
|
|
|
2,462,225 |
|
2,408,588 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade creditors |
2,754 |
|
801 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
751,988 |
|
716,988 |
|
Other taxes and social security costs |
49,794 |
|
17,696 |
|
Other creditors |
26,287 |
|
52,750 |
|
|
|
|
|
|
830,823 |
|
788,235 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Dernier & Hamlyn Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 5 |
|
Croyden Business Centre |
|
214 Purley Way |
|
CR0 4XG |
