Drewblue Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10712351 (England and Wales)

Drewblue Limited

Abridged Financial Statements for the Period 6th April 2017 to 31st March 2018

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Director:

P P Dunne

Registered office:

1-3 High Street

Great Dunmow

Essex

CM6 1UU

Business address:

30 Battledean Road

London

N5 1UZ

Registered number:

10712351 (England and Wales)

Accountants:

Walters & Company

Certified Practising Accountants

1-3 High Street

Great Dunmow

Essex

CM6 1UU

Fixed assets

Investments

3

2,079,441

Current assets

Cash at bank and in hand

187,600

Creditors

Amounts falling due within one year

135,045

Net current assets

52,555

Total assets less current liabilities

2,131,996

Capital and reserves

Called up share capital

4

100

Retained earnings

5

2,131,896

Shareholders' funds

2,131,996

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31st March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 4th December 2018 and were signed by:

P P Dunne - Director

1.	Statutory information

Drewblue 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.

Preparation of consolidated financial statements

The financial statements contain information about Drewblue Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company is exempt

under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated

financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 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 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.	Fixed asset investments

Information on investments other than loans is as follows:

Totals

£

Cost

Additions

2,107,489

Impairments

(28,048

)

At 31st March 2018

2,079,441

Net book value

At 31st March 2018

2,079,441

4.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1.00

100

100 Ordinary shares of 1.00 each were allotted and fully paid for cash at par during the period.

5.

Reserves

Retained

earnings

£

Profit for the period

2,131,896

At 31st March 2018

2,131,896