COMPANY REGISTRATION NUMBER:
14674542
Double Diamond Stables Ltd |
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Filleted Unaudited Financial Statements |
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Double Diamond Stables Ltd |
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Statement of Financial Position |
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29 February 2024
Current assets
Stocks |
350 |
|
Cash at bank and in hand |
1,170 |
|
|
------- |
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|
1,520 |
|
|
|
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Creditors: amounts falling due within one year |
5 |
8,211 |
|
|
------- |
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Net current liabilities |
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6,691 |
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|
------- |
Total assets less current liabilities |
|
(
6,691) |
|
|
------- |
Net liabilities |
|
(
6,691) |
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|
------- |
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|
|
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Capital and reserves
Called up share capital |
|
1 |
Profit and loss account |
|
(
6,692) |
|
|
------- |
Shareholders deficit |
|
(
6,691) |
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|
------- |
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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 Section 1A of 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 comprehensive income has not been delivered.
For the period ending 29 February 2024 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 period in question in accordance with section 476
;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
17 November 2024
, and are signed on behalf of the board by:
Miss S J Mitchell |
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Director |
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Company registration number:
14674542
Double Diamond Stables Ltd |
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Notes to the Financial Statements |
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Period from 18 February 2023 to 29 February 2024
1.
General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 15 Oaksey Park Cottages, Malmesbury, Wiltshire, SN16 9SB, United Kingdom.
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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
.
5.
Creditors:
amounts falling due within one year
|
29 Feb 24 |
|
£ |
Social security and other taxes |
439 |
Other creditors |
7,772 |
|
------- |
|
8,211 |
|
------- |
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6.
Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
|
29 Feb 24 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
|
|
£ |
£ |
£ |
£ |
|
Miss S J Mitchell |
– |
10,472 |
(
17,344) |
(
6,872) |
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-------- |
------- |
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