Caseware UK (AP4) 2016.0.208 2016.0.208 2018-04-302018-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activityfalse2017-05-01 02694232 2017-05-01 2018-04-30 02694232 2016-05-01 2017-04-30 02694232 2018-04-30 02694232 2017-04-30 02694232 c:Director4 2017-05-01 2018-04-30 02694232 c:Director5 2017-05-01 2018-04-30 02694232 d:PlantMachinery 2017-05-01 2018-04-30 02694232 d:PlantMachinery 2018-04-30 02694232 d:PlantMachinery 2017-04-30 02694232 d:PlantMachinery d:OwnedOrFreeholdAssets 2017-05-01 2018-04-30 02694232 d:MotorVehicles 2017-05-01 2018-04-30 02694232 d:MotorVehicles 2018-04-30 02694232 d:MotorVehicles 2017-04-30 02694232 d:MotorVehicles d:OwnedOrFreeholdAssets 2017-05-01 2018-04-30 02694232 d:FurnitureFittings 2017-05-01 2018-04-30 02694232 d:FurnitureFittings 2018-04-30 02694232 d:FurnitureFittings 2017-04-30 02694232 d:OwnedOrFreeholdAssets 2017-05-01 2018-04-30 02694232 d:CurrentFinancialInstruments 2018-04-30 02694232 d:CurrentFinancialInstruments 2017-04-30 02694232 d:CurrentFinancialInstruments d:WithinOneYear 2018-04-30 02694232 d:CurrentFinancialInstruments d:WithinOneYear 2017-04-30 02694232 d:ShareCapital 2018-04-30 02694232 d:ShareCapital 2017-04-30 02694232 d:RetainedEarningsAccumulatedLosses 2018-04-30 02694232 d:RetainedEarningsAccumulatedLosses 2017-04-30 02694232 d:AcceleratedTaxDepreciationDeferredTax 2018-04-30 02694232 d:AcceleratedTaxDepreciationDeferredTax 2017-04-30 02694232 d:TaxLossesCarry-forwardsDeferredTax 2018-04-30 02694232 d:TaxLossesCarry-forwardsDeferredTax 2017-04-30 02694232 c:FRS102 2017-05-01 2018-04-30 02694232 c:AuditExempt-NoAccountantsReport 2017-05-01 2018-04-30 02694232 c:FullAccounts 2017-05-01 2018-04-30 02694232 c:PrivateLimitedCompanyLtd 2017-05-01 2018-04-30 iso4217:GBP xbrli:pure

Registered number: 02694232










DEYA LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2018

 
DEYA LIMITED
REGISTERED NUMBER: 02694232

BALANCE SHEET
AS AT 30 APRIL 2018

2018
2017
Note
£
£

Fixed assets
  

Tangible assets
 4 
40,397
67,364

  
40,397
67,364

Current assets
  

Stocks
 5 
112,236
83,744

Debtors: amounts falling due within one year
 6 
4,195,451
3,774,335

Cash at bank and in hand
  
235
223

  
4,307,922
3,858,302

Creditors: amounts falling due within one year
 7 
(1,137,385)
(1,027,528)

Net current assets
  
 
 
3,170,537
 
 
2,830,774

Total assets less current liabilities
  
3,210,934
2,898,138

  

Net assets
  
3,210,934
2,898,138


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
3,200,934
2,888,138

  
3,210,934
2,898,138


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

Page 1

 
DEYA LIMITED
REGISTERED NUMBER: 02694232

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2018

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 by: 




................................................
I Maynard
................................................
C Yates
Director
Director


Date: 9 October 2018

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
DEYA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

1.


General information

Deya Limited is a private company limited by share capital and incorporated in England and Wales. The address of the registered office and principal place of business is St Paul's Clockhouse, Reading Road, Wokingham, Berkshire, RG41 1EX.
The principal activity of the Company continued to be that of telephone directory distribution.

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

Revenue is recognised on discharge of duties as detailed in customer contracts and is stated net of VAT and trade discounts. Amounts received where contractual obligations are not complete are deferred to later periods. Income is accrued where contractual obligations have been completed but a sales invoice has not be raised.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight line
Motor vehicles
-
25%
straight line
Fixtures and fittings
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the statement of comprehensive income.

Page 3

 
DEYA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

2.Accounting policies (continued)

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first outbasis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

  
2.5

Cash flow

The financial statements do not include a cash flow statement because the company has taken advantage of the exemption under FRS 102. 

 
2.6

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.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.8

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the statement of comprehensive income on a straight line basis over the lease term.

 
2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
DEYA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

2.Accounting policies (continued)

 
2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 17 (2017 - 19).




Page 5

 
DEYA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 May 2017
113,818
102,389
2,162
218,369



At 30 April 2018

113,818
102,389
2,162
218,369



Depreciation


At 1 May 2017
110,689
38,154
2,162
151,005


Charge for the year
1,791
25,176
-
26,967



At 30 April 2018

112,480
63,330
2,162
177,972



Net book value



At 30 April 2018
1,338
39,059
-
40,397



At 30 April 2017
3,129
64,235
-
67,364


5.


Stocks

2018
2017
£
£

Work in progress
112,236
83,744

112,236
83,744




Page 6

 
DEYA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

6.


Debtors

2018
2017
£
£


Trade debtors
555,465
369,541

Amounts owed by group undertakings
3,547,661
3,309,297

Other debtors
17,800
20,300

Prepayments and accrued income
67,235
69,138

Deferred taxation
7,290
6,059

4,195,451
3,774,335



7.


Creditors: Amounts falling due within one year

2018
2017
£
£

Bank overdrafts
142,098
142,926

Trade creditors
44,256
24,266

Corporation tax
74,774
52,381

Other taxation and social security
211,443
196,287

Other creditors
29,590
37,545

Accruals and deferred income
635,224
574,123

1,137,385
1,027,528



8.


Deferred taxation




2018


£






At beginning of year
6,059


Charged to profit or loss
1,231



At end of year
7,290

The deferred tax asset is made up as follows:

2018
2017
£
£


Accelerated capital allowances
3,282
5,708

Short term timing differences
4,008
351

7,290
6,059

Page 7

 
DEYA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

9.


Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £21,474 (2017: £24,312). Contributions totalling £1,726 (2017: £2,064) were payable to the fund at the balance sheet date and are included in creditors.


10.


Controlling party

The immediate and ultimate parent Company and controlling party is MYFHL Limited (at St Paul's Clockhouse, Reading Road, Wokingham, Berkshire, RG41 1EX), a Company registered in England and Wales.  

Page 8