Dankworth Two Trading Limited - Period Ending 2017-06-30

Registration number: 08474455

Dankworth Two Trading Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2017
 

Dankworth Two Trading Limited
Contents

Company Information 1

Directors' Report 2

Balance Sheet 3

Notes to the Financial Statements 4 to 5

Dankworth Two Trading Limited
Company Information

Directors

Mr Jonathan Gain Mr Andrew Watson

Company secretary

Stellar Company Secretary Limited

Registered office

Kendal House 1 Conduit Street London W1S 2XA

Bankers

Royal Bank of Scotland plc Cavendish Square (B) Branch London Cavendish Square (B) Branch 28 Cavendish Square London W1G 0DB

Page 1

Dankworth Two Trading Limited
Directors' Report for the Year Ended 30 June 2017

The directors present their report and the unaudited financial statements for the year ended 30 June 2017.

Directors of the company

The directors who held office during the year were as follows:

Mr Jonathan Gain

Mr Andrew Watson (appointed 26 June 2017)

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 14 March 2018 and signed on its behalf by:

.........................................
Mr Jonathan Gain
Director

Page 2

Dankworth Two Trading Limited
(Registration number: 08474455)
Balance Sheet at 30 June 2017

		Note			2017 £			2016 £
Fixed assets
Investments		2			200,545			205,008
Current assets
Cash at bank and in hand					8,737			2,488
Net assets					209,282			207,496
Capital and reserves
Called up share capital		3			100,000			100,000
Share premium account		4			93,000			93,000
Revaluation reserve		4			9,891			18,308
Profit and loss account		4			6,391			(3,812)
Shareholders' funds					209,282			207,496

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

For the year ending 30 June 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised for issue by the Board on 14 March 2018 and signed on its behalf by:

.........................................
Mr Jonathan Gain
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Dankworth Two Trading Limited
Notes to the Financial Statements for the Year Ended 30 June 2017
......... continued

1	Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2	Investments held as fixed assets

		2017 £			2016 £
Shares in group undertakings and participating interests		200,545			205,008

Shares in group undertakings and participating interests

		Joint ventures and associates £			Total £
Cost
At 1 July 2016		205,008			205,008
Revaluation		(8,417)			(8,417)
Additions		52,954			52,954
Disposals		(49,000)			(49,000)
At 30 June 2017		200,545			200,545
Net book value
At 30 June 2017		200,545			200,545
At 30 June 2016		205,008			205,008

3	Share capital

Allotted, called up and fully paid shares

	2017						2016
		No.			£			No.			£
Ordinary of £0.50 each		200,000			100,000			200,000			100,000

Page 4

Dankworth Two Trading Limited
Notes to the Financial Statements for the Year Ended 30 June 2017
......... continued

4

Reserves

		Share premium account £			Revaluation reserve £			Profit and loss account £			Total £
At 1 July 2016		93,000			18,308			(3,812)			107,496
Profit for the year		-			-			10,203			10,203
Unrealised loss on trade investments		-			(8,417)			-			(8,417)
At 30 June 2017		93,000			9,891			6,391			109,282

Page 5