Dodds & Shute Limited - Accounts to registrar (filleted) - small 18.2

Dodds & Shute Limited - Accounts to registrar (filleted) - small 18.2

DODDS & SHUTE LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.2.0.360 09373125 Board of Directors 1.2.17 31.1.18 31.1.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093731252017-01-31093731252018-01-31093731252017-02-012018-01-31093731252016-01-31093731252016-02-012017-01-31093731252017-01-3109373125ns15:EnglandWales2017-02-012018-01-3109373125ns14:PoundSterling2017-02-012018-01-3109373125ns10:Director12017-02-012018-01-3109373125ns10:PrivateLimitedCompanyLtd2017-02-012018-01-3109373125ns10:SmallEntities2017-02-012018-01-3109373125ns10:AuditExemptWithAccountantsReport2017-02-012018-01-3109373125ns10:SmallCompaniesRegimeForDirectorsReport2017-02-012018-01-3109373125ns10:SmallCompaniesRegimeForAccounts2017-02-012018-01-3109373125ns10:FullAccounts2017-02-012018-01-3109373125ns10:Director22017-02-012018-01-3109373125ns10:RegisteredOffice2017-02-012018-01-3109373125ns5:CurrentFinancialInstruments2018-01-3109373125ns5:CurrentFinancialInstruments2017-01-3109373125ns5:ShareCapital2018-01-3109373125ns5:ShareCapital2017-01-3109373125ns5:RetainedEarningsAccumulatedLosses2018-01-3109373125ns5:RetainedEarningsAccumulatedLosses2017-01-3109373125ns5:PlantMachinery2017-02-012018-01-3109373125ns5:PlantMachinery2017-01-3109373125ns5:PlantMachinery2018-01-3109373125ns5:PlantMachinery2017-01-3109373125ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-01-3109373125ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-01-31


REGISTERED NUMBER: 09373125 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

FOR

DODDS & SHUTE LIMITED
DODDS & SHUTE LIMITED (REGISTERED NUMBER: 09373125)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

DODDS & SHUTE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2018







DIRECTORS: S Dodds
N Shute





REGISTERED OFFICE: Unit 6.11
Tintagel House
92 Albert Embankment
London
SE1 7TY





REGISTERED NUMBER: 09373125 (England and Wales)





ACCOUNTANTS: KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH
Page 1
DODDS & SHUTE LIMITED (REGISTERED NUMBER: 09373125)

BALANCE SHEET
31 JANUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,427 14,927

CURRENT ASSETS
Debtors 5 160,557 118,556
Cash at bank and in hand 166,957 184,176
327,514 302,732
CREDITORS
Amounts falling due within one year 6 311,989 273,478
NET CURRENT ASSETS 15,525 29,254
TOTAL ASSETS LESS CURRENT
LIABILITIES
39,952
44,181

PROVISIONS FOR LIABILITIES 4,681 3,198
NET ASSETS 35,271 40,983

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 35,171 40,883
SHAREHOLDERS' FUNDS 35,271 40,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 8 October 2018 and were signed on its behalf by:




S Dodds - Director


The notes form part of these financial statements

Page 2
DODDS & SHUTE LIMITED (REGISTERED NUMBER: 09373125)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018


1. STATUTORY INFORMATION

Dodds & Shute 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 cost and 10% on cost

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet 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 year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance
sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of
transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases
Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. payments under
operating leases are charged to profit or loss on a straight line basis over the period of lease.

Employee benefits
The company contributes to a defined contribution plan for the benefit of its employees. Contributions are
recognised in profit or loss as they become payable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 4 ) .

Page 3 continued...
DODDS & SHUTE LIMITED (REGISTERED NUMBER: 09373125)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2017 19,694
Additions 23,192
Disposals (8,145 )
At 31 January 2018 34,741
DEPRECIATION
At 1 February 2017 4,767
Charge for year 9,619
Eliminated on disposal (4,072 )
At 31 January 2018 10,314
NET BOOK VALUE
At 31 January 2018 24,427
At 31 January 2017 14,927

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 145,789 101,075
Other debtors 6,945 345
Directors' current accounts 5,837 15,307
Prepayments and accrued income 1,986 1,829
160,557 118,556

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 133,786 125,734
Tax 26,729 39,897
Social security and other taxes - 1,918
VAT 60,365 26,751
Other creditors 1,040 7,307
Accrued expenses 90,069 71,871
311,989 273,478

7. LEASING AGREEMENTS
Operating lease commitments not included in the balance sheet amount to £14,364 (2017 - £13,680)

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DODDS & SHUTE LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to
file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements
and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of Dodds & Shute Limited for the year ended 31 January 2018 which comprise the Income Statement, Balance
Sheet and the related notes from the company's accounting records and from information and explanations you have given
us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dodds & Shute Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dodds & Shute Limited and state those matters that we have agreed to state to the Board of Directors of Dodds & Shute Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dodds & Shute Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dodds & Shute Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dodds & Shute Limited. You consider that Dodds & Shute Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dodds & Shute Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH


8 October 2018

This page does not form part of the statutory financial statements

Page 5