DMJ Property Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09398726 (England and Wales)

DMJ PROPERTY LTD

Unaudited Financial Statements

for the Period

1 February 2017 to 28 February 2018

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

S Davies

J Jones

G Morgan

SECRETARY:

G Morgan

REGISTERED OFFICE:

Unit B

Upper Boat Trading Estate

Pontypridd

Mid Glamorgan

CF37 5BP

REGISTERED NUMBER:

09398726 (England and Wales)

ACCOUNTANTS:

O'Brien & Partners

Chartered Accountants

Highdale House

7 Centre Court

Treforest Industrial Estate

Pontypridd

Rhondda Cynon Taff

CF37 5YR

CURRENT ASSETS

Stocks

-

1,252,465

Debtors

3

486,173

1,698

Cash at bank

12,749

20,114

498,922

1,274,277

CREDITORS

Amounts falling due within one year

4

(5,000

)

(1,011,987

)

NET CURRENT ASSETS

493,922

262,290

TOTAL ASSETS LESS CURRENT LIABILITIES

493,922

262,290

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

493,918

262,286

SHAREHOLDERS' FUNDS

493,922

262,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2018 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 13 August 2018 and were signed on its behalf by:

G Morgan - Director

1.	STATUTORY INFORMATION

Dmj Property Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

These financial statements for the period ended 31st January 2017 are the first financial statements that comply with FRS

102 Section 1 A Small Entities. The date of transition is 21st January 2015.

The transition to FRS 102 Section 1 A Small Entities has not resulted in any amendments to the comparative balance sheet,

the balance sheet at the date of transition, or in the comparative income statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of

financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

31.1.17

£

£

Other debtors

486,173

1,698

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

31.1.17

£

£

Bank loans and overdrafts

-

563,039

Taxation and social security

-

65,571

Other creditors

5,000

383,377

5,000

1,011,987

5.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.18

31.1.17

£

£

Bank loans

-

563,039