false false false false false false false false false true false false false false false false false No description of principal activity 2017-04-01 Sage Accounts Production Advanced 2018 Update 1 - FRS 1 1 1 xbrli:pure xbrli:shares iso4217:GBP 07092821 2017-04-01 2018-03-31 07092821 2018-03-31 07092821 2016-04-01 2017-03-31 07092821 2017-03-31 07092821 bus:Director1 2017-04-01 2018-03-31 07092821 core:WithinOneYear 2018-03-31 07092821 core:WithinOneYear 2017-03-31 07092821 core:ShareCapital 2018-03-31 07092821 core:ShareCapital 2017-03-31 07092821 core:RetainedEarningsAccumulatedLosses 2018-03-31 07092821 core:RetainedEarningsAccumulatedLosses 2017-03-31 07092821 core:CostValuation core:Non-currentFinancialInstruments 2018-03-31 07092821 core:Non-currentFinancialInstruments 2018-03-31 07092821 core:Non-currentFinancialInstruments 2017-03-31 07092821 bus:SmallEntities 2017-04-01 2018-03-31 07092821 bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 07092821 bus:FullAccounts 2017-04-01 2018-03-31 07092821 bus:SmallCompaniesRegimeForAccounts 2017-04-01 2018-03-31 07092821 bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 07092821 core:AllAssociates 2017-04-01 2018-03-31
COMPANY REGISTRATION NUMBER: 07092821
D Clark Management Limited
Filleted Unaudited Financial Statements
31 March 2018
D Clark Management Limited
Statement of Financial Position
31 March 2018
2018
2017
Note
£
£
£
Fixed assets
Investments
5
1
1
Current assets
Debtors
6
48,425
50,008
Cash at bank and in hand
6,565
3,792
--------
--------
54,990
53,800
Creditors: amounts falling due within one year
7
1,512
1,887
--------
--------
Net current assets
53,478
51,913
--------
--------
Total assets less current liabilities
53,479
51,914
--------
--------
Net assets
53,479
51,914
--------
--------
Capital and reserves
Called up share capital
1
1
Profit and loss account
53,478
51,913
--------
--------
Shareholders funds
53,479
51,914
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
D Clark Management Limited
Statement of Financial Position (continued)
31 March 2018
These financial statements were approved by the board of directors and authorised for issue on 4 November 2018 , and are signed on behalf of the board by:
Mr D Clark
Director
Company registration number: 07092821
D Clark Management Limited
Notes to the Financial Statements
Year ended 31 March 2018
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ash House, Breckenwood Road, Fulbourn, Cambridge, CB21 5DQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2017: 1 ).
5. Investments
Shares in participating interests
£
Cost
At 1 April 2017 and 31 March 2018
1
----
Impairment
At 1 April 2017 and 31 March 2018
----
Carrying amount
At 31 March 2018
1
----
At 31 March 2017
1
----
The company owns 33% of the issued share capital of Dean & Dean Construction Limited. At 31 March 2018 the shareholders funds in Dean & Dean Construction Limited were as follows:
2018
2017
£
£
Called up share capital
3
3
Profit and loss account
55,157
51,337
6. Debtors
2018
2017
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
48,425
50,008
--------
--------
7. Creditors: amounts falling due within one year
2018
2017
£
£
Other creditors
1,512
1,887
-------
-------
8. Related party transactions
The company was under the control of Mr Clark throughout the current and previous year. Mr Clark is the managing director and majority shareholder. At 31 March 2018 £48,425 (2017: £50,008) was owed to D Clark Management Limited by Dean & Dean Construction Limited.