| Registered Number:09296144 |
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
DURABOUND LTD
Statement of Financial Position
2017
2018
| Property, plant and equipment |
1,991
2,655
2
1,991
2,655
| Trade and other receivables |
24,309
52,102
3
3,743
| Cash and cash equivalents |
2,369
54,471
28,052
| Trade and other payables: amounts falling due within one year |
(27,430)
(58,604)
4
622
(4,133)
Net current liabilities
| Total assets less current liabilities |
(2,142)
3,277
(2,142)
Net assets/liabilities
3,277
100
100
(2,242)
3,177
(2,142)
3,277
Shareholders' funds
| For the year ended 31 March 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| 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. |
| These financial statements were approved and authorised for issue by the Board on 01 May 2018 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2018
DURABOUND LTD
Notes to the Financial Statements
Statutory Information
| DURABOUND LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 09296144. |
88 Church Road
Stockton on Tees
TS18 1TW
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| 2. Property, plant and equipment |
3,540
3,540
| Provision for depreciation and impairment |
885
Charge for year
664
1,549
1,991
2,655
| 3. Trade and other receivables |
2017
2018
-
6,613
| Amounts owed by group undertakings and participating interests |
52,102
17,696
24,309
52,102
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For the year ended 31 March 2018
DURABOUND LTD
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2017
2018
2,655
-
| Taxation and social security |
54,637
26,731
1,312
699
58,604
27,430
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