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REGISTERED NUMBER: 10630210 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

21 FEBRUARY 2017 TO 28 FEBRUARY 2018

FOR

DL DERMNET LTD

DL DERMNET LTD (REGISTERED NUMBER: 10630210)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 FEBRUARY 2017 TO 28 FEBRUARY 2018










Page

Balance Sheet 1

Notes to the Financial Statements 3


DL DERMNET LTD (REGISTERED NUMBER: 10630210)

BALANCE SHEET
28 FEBRUARY 2018

Notes £    £   
FIXED ASSETS
Tangible assets 5 927

CURRENT ASSETS
Debtors 6 8,205
Cash at bank 8,029
16,234
CREDITORS
Amounts falling due within one year 7 8,009
NET CURRENT ASSETS 8,225
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,152

PROVISIONS FOR LIABILITIES 8 176
NET ASSETS 8,976

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings 8,876
SHAREHOLDERS' FUNDS 8,976

DL DERMNET LTD (REGISTERED NUMBER: 10630210)

BALANCE SHEET - continued
28 FEBRUARY 2018


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 10 October 2018 and were
signed on its behalf by:




Dr D Price - Director



Mrs L Price - Director


DL DERMNET LTD (REGISTERED NUMBER: 10630210)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 FEBRUARY 2017 TO 28 FEBRUARY 2018


1. STATUTORY INFORMATION

DL Dermnet Ltd is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address are as below:

Registered number: 10630210

Registered office: 48 St Leonards Road
Bexhill on Sea
East Sussex
TN40 1JB

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the
period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on reducing balance

All fixed assets are initially recorded at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit
and Loss Account, 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.


DL DERMNET LTD (REGISTERED NUMBER: 10630210)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 FEBRUARY 2017 TO 28 FEBRUARY 2018


3. ACCOUNTING POLICIES - continued
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.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered into. An equity instrument is any contract that evidences
a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are
equivalent to a similar debt instrument, those financial instruments are classed as financial
liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs
and gains or losses relating to financial liabilities are included in the profit and loss account.
Finance costs are calculated so as to produce a constant rate of return on the outstanding
liability.

Where the contractual terms of share capital do not have any terms meeting the definition
of a financial liability then this is classed as an equity instrument. Dividends and
distributions relating to equity instruments are debited direct to equity.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

DL DERMNET LTD (REGISTERED NUMBER: 10630210)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 FEBRUARY 2017 TO 28 FEBRUARY 2018


5. TANGIBLE FIXED ASSETS
Equipment
£   
COST
Additions 1,159
At 28 February 2018 1,159
DEPRECIATION
Charge for period 232
At 28 February 2018 232
NET BOOK VALUE
At 28 February 2018 927

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 8,205

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Corporation tax 6,726
PAYE and social security 120
Directors' current accounts 284
Accruals and deferred income 879
8,009

8. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 176

Deferred
tax
£   
Provided during period 176
Balance at 28 February 2018 176

DL DERMNET LTD (REGISTERED NUMBER: 10630210)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 FEBRUARY 2017 TO 28 FEBRUARY 2018


9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the
period.

10. FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS 102.