ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

DAISY CHAIN TRADING (TEESSIDE) LIMITED - Company Information

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Caseware UK (AP4) 2016.0.181 2016.0.181 2018-05-312018-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrueCoffee shopfalse2016-12-01 05209370 2016-12-01 2018-05-31 05209370 2018-05-31 05209370 2016-11-30 05209370 c:Director3 2016-12-01 2018-05-31 05209370 c:Director8 2016-12-01 2018-05-31 05209370 d:CurrentFinancialInstruments 2018-05-31 05209370 d:CurrentFinancialInstruments 2016-11-30 05209370 d:CurrentFinancialInstruments d:WithinOneYear 2018-05-31 05209370 d:CurrentFinancialInstruments d:WithinOneYear 2016-11-30 05209370 d:ShareCapital 2018-05-31 05209370 d:ShareCapital 2016-11-30 05209370 d:RetainedEarningsAccumulatedLosses 2018-05-31 05209370 d:RetainedEarningsAccumulatedLosses 2016-11-30 05209370 c:FRS102 2016-12-01 2018-05-31 05209370 c:Audited 2016-12-01 2018-05-31 05209370 c:FullAccounts 2016-12-01 2018-05-31 05209370 c:PrivateLimitedCompanyLtd 2016-12-01 2018-05-31 05209370 c:SmallCompaniesRegimeForAccounts 2016-12-01 2018-05-31 iso4217:GBP xbrli:pure

Registered number: 05209370










DAISY CHAIN TRADING (TEESSIDE) LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2018
 
DAISY CHAIN TRADING (TEESSIDE) LIMITED
REGISTERED NUMBER: 05209370

BALANCE SHEET
AS AT 31 MAY 2018

31 May
30 November
2018
2016
Note
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
1,006
-

Cash at bank and in hand
 6 
1,896
-

  
2,902
-

Creditors: amounts falling due within one year
 7 
(900)
(265)

NET CURRENT ASSETS/(LIABILITIES)
  
 
 
2,002
 
 
(265)

  

NET ASSETS/(LIABILITIES)
  
2,002
(265)


CAPITAL AND RESERVES
  

Called up share capital 
  
1
1

Profit and loss account
  
2,001
(266)

  
2,002
(265)


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 October 2018.




Edwin John Pugh
James Andrew Dale
Director
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1
 
DAISY CHAIN TRADING (TEESSIDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2018

1.


GENERAL INFORMATION

Daisy Chain Trading (Teesside) Limited is a private company, limited by shares, incorporated in England and Wales.
Its registered office is:
Calf Fallow Farm
Calf Fallow Lane
Norton
Stockton on Tees
TS20 1PF
The parent undertaking is Daisy Chain Project Teesside and Daisy Chain Trading (Teesside) Limited is part of a public benefit group.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

REVENUE

Turnover relates to income received from the sale of goods in the Coffee Shop.

 
2.3

FINANCIAL INSTRUMENTS

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.


3.


AUDITORS' REMUNERATION

Fees payable to the company's auditor for the audit of the company's annual financial statements totalled £900 (2016 - nil).

Page 2
 
DAISY CHAIN TRADING (TEESSIDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2018

4.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 3 (2016 - 0).


5.


DEBTORS

31 May
30 November
2018
2016
£
£


Amounts owed by group undertakings
1,006
-

1,006
-



6.


CASH AND CASH EQUIVALENTS

31 May
30 November
2018
2016
£
£

Cash at bank and in hand
1,896
-

1,896
-



7.


CREDITORS: Amounts falling due within one year

31 May
30 November
2018
2016
£
£

Amounts owed to group undertakings
-
265

Accruals and deferred income
900
-

900
265


Page 3
 
DAISY CHAIN TRADING (TEESSIDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2018

8.


CONTROLLING PARTY

Daisy Chain Trading (Teesside) Limited is a wholly owned subsidiary of Daisy Chain Project Teesside whose registered office address is:
Calf Fallow Farm
Calf Fallow Lane
Norton
Stockton on Tees
TS20 1PF
Consolidated accounts for Daisy Chain Project Teesside, which include the results for Daisy Chain Trading (Teesside) Limited are available from the address above.


9.


AUDITORS' INFORMATION

The auditors' report on the financial statements for the period ended 31 May 2018 was unqualified.

The audit report was signed on 3 October 2018 by H O'Driscoll FCA (senior statutory auditor) on behalf of Waltons Clark Whitehill Limited.


10.


ACCOUNTING PERIOD

The financial statements have been prepared for the 18 month period from 1 December 2016 to 31 May 2018.

 
Page 4