REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2017 to 29 December 2017 |
for |
Deaddog Limited |
Trading as |
Whiteworks |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2017 to 29 December 2017 |
for |
Deaddog Limited |
Trading as |
Whiteworks |
Deaddog Limited (Registered number: 05878857) |
Trading as Whiteworks |
Contents of the Financial Statements |
for the Period 1 January 2017 to 29 December 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Deaddog Limited |
Trading as Whiteworks |
Company Information |
for the Period 1 January 2017 to 29 December 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
2 High Street |
Burnham on Crouch |
Essex |
CM0 8AA |
Deaddog Limited (Registered number: 05878857) |
Trading as Whiteworks |
Balance Sheet |
29 December 2017 |
29.12.17 | 31.12.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Deaddog Limited (Registered number: 05878857) |
Trading as Whiteworks |
Balance Sheet - continued |
29 December 2017 |
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 by: |
Deaddog Limited (Registered number: 05878857) |
Trading as Whiteworks |
Notes to the Financial Statements |
for the Period 1 January 2017 to 29 December 2017 |
1. | STATUTORY INFORMATION |
Deaddog Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis. This assumes that the company will |
continue in existence for the foreseeable future. |
The validity of this assumption depends on the continued financial support of the directors and creditors. |
If the company were unable to continue in operational existence, adjustments would have to be made to reduce |
the balance sheet values of assets to their recoverable amounts, and to provide for any further liabilities that |
might arise and to reclassify fixed assets as current assets. Long term liabilities would also have to be |
reclassified as current liabilities. |
The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis. |
These financial statements for the year ended 31 December 2016 are the first financial statements that comply |
with FRS 102 Section 1A small entities. The date of transition is 1 January 2015. |
The transition to FRS 102 Section 1A small entities has resulted in a small number of changes in accounting |
policies to those used previously. The nature and impact of these changes, if applicable, are set out below. |
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% - 33% on reducing balance |
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. |
Deaddog Limited (Registered number: 05878857) |
Trading as Whiteworks |
Notes to the Financial Statements - continued |
for the Period 1 January 2017 to 29 December 2017 |
2. | 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. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 1 January 2017 |
and 29 December 2017 |
DEPRECIATION |
At 1 January 2017 |
Charge for period |
At 29 December 2017 |
NET BOOK VALUE |
At 29 December 2017 |
At 31 December 2016 |
Deaddog Limited (Registered number: 05878857) |
Trading as Whiteworks |
Notes to the Financial Statements - continued |
for the Period 1 January 2017 to 29 December 2017 |
4. | TANGIBLE FIXED ASSETS - continued |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Motor |
vehicles |
£ |
COST |
At 1 January 2017 |
and 29 December 2017 |
DEPRECIATION |
At 1 January 2017 |
Charge for period |
Reclassification/transfer |
At 29 December 2017 |
NET BOOK VALUE |
At 29 December 2017 |
At 31 December 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.12.17 | 31.12.16 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.12.17 | 31.12.16 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
29.12.17 | 31.12.16 |
£ | £ |
Hire purchase contracts |
Deaddog Limited (Registered number: 05878857) |
Trading as Whiteworks |
Notes to the Financial Statements - continued |
for the Period 1 January 2017 to 29 December 2017 |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 29 December 2017 and the |
year ended 31 December 2016: |
29.12.17 | 31.12.16 |
£ | £ |
Balance outstanding at start of period |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
9. | RELATED PARTY DISCLOSURES |
During the period, total dividends of £6,666 (2016 - £13,200) were paid to the directors . |
10. | FINANCIAL IMPACT OF TRANSITION TO FRS 102 SECTION 1A |
Following the transition to FRS 102 Section 1A there have been no adjustments made to the prior year |
comparatives. |