Dulay Financial Services Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04955528 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

DULAY FINANCIAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Dulay

Mrs L K Dulay

SECRETARY:

Mrs L K Dulay

REGISTERED OFFICE:

28a The Hundred

Romsey

Hampshire

SO51 8BW

REGISTERED NUMBER:

04955528 (England and Wales)

ACCOUNTANTS:

Kumar Associates

Chartered Certified Accountants

28a The Hundred

Romsey

Hampshire

SO51 8BW

FIXED ASSETS

Tangible assets

4

5,646

5,291

CURRENT ASSETS

Cash at bank

4,088

4,572

CREDITORS

Amounts falling due within one year

5

7,294

9,425

NET CURRENT LIABILITIES

(3,206

)

(4,853

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,440

438

CAPITAL AND RESERVES

Called up share capital

6

150

150

Retained earnings

7

2,290

288

SHAREHOLDERS' FUNDS

2,440

438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 19 December 2017 and were signed on its behalf by:

Mr A Dulay - Director

1.	STATUTORY INFORMATION

Dulay Financial Services 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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

19,562

Additions

1,897

At 31 March 2017

21,459

DEPRECIATION

At 1 April 2016

14,271

Charge for year

1,542

At 31 March 2017

15,813

NET BOOK VALUE

At 31 March 2017

5,646

At 31 March 2016

5,291

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Tax

6,041

7,514

Directors' current accounts

294

1,071

Accrued expenses

959

840

7,294

9,425

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

50

Ordinary'B'

£1

50

50

150

150

7.

RESERVES

Retained

earnings

£

At 1 April 2016

288

Profit for the year

24,002

Dividends

(22,000

)

At 31 March 2017

2,290