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DRDH ARCHITECTS LIMITED |
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Unaudited Financial Statements |
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for the Year Ended 31 December 2017 |
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DRDH ARCHITECTS LIMITED |
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Unaudited Financial Statements |
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for the Year Ended 31 December 2017 |
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DRDH ARCHITECTS LIMITED (REGISTERED NUMBER: 04340122) |
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Contents of the Financial Statements |
for the year ended 31 December 2017 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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DRDH ARCHITECTS LIMITED |
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Company Information |
for the year ended 31 December 2017 |
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Directors: |
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Secretary: |
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Registered office: |
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Registered number: |
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Accountants: |
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Chartered Accountants |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
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Bankers: |
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25 Gresham Street |
London |
EC2V 7HN |
DRDH ARCHITECTS LIMITED (REGISTERED NUMBER: 04340122) |
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Balance Sheet |
31 December 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 3 |
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Current assets |
Debtors | 4 |
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Cash at bank |
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Creditors |
Amounts falling due within one year | 5 |
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Net current assets |
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Total assets less current liabilities |
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Capital and reserves |
Called up share capital | 6 |
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Retained earnings | 7 |
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Shareholders' funds |
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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. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
by: |
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DRDH ARCHITECTS LIMITED (REGISTERED NUMBER: 04340122) |
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Notes to the Financial Statements |
for the year ended 31 December 2017 |
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1. | Accounting policies |
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Basis of preparing the financial statements |
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Turnover |
Turnover represents amounts receivable for architectural services provided and is stated net of VAT. |
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Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the |
partial performance of the contractual obligations. For such contracts the amount of revenue reflects the |
accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is |
included in debtors and payments on account in excess of the relevant amount of revenue are included in |
creditors. |
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Fee income that is contingent on events outside the control of the firm is recognised when the contingent event |
occurs. |
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Tangible fixed assets |
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Computer equipment | - |
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Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
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Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
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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. |
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Going concern |
The company meets its day to day working capital through the support of the directors and shareholders of the |
company. On that basis, the directors consider it appropriate to prepare the financial statements on the going |
concern basis. |
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2. | Employees and directors |
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The average number of employees during the year was
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DRDH ARCHITECTS LIMITED (REGISTERED NUMBER: 04340122) |
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Notes to the Financial Statements - continued |
for the year ended 31 December 2017 |
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3. | Tangible fixed assets |
Computer |
equipment |
£ |
Cost |
At 1 January 2017 |
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Additions |
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At 31 December 2017 |
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Depreciation |
At 1 January 2017 |
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Charge for year |
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At 31 December 2017 |
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Net book value |
At 31 December 2017 |
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At 31 December 2016 |
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4. | Debtors: amounts falling due within one year |
2017 | 2016 |
£ | £ |
Trade debtors |
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Amounts recoverable on contract |
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Other debtors |
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5. | Creditors: amounts falling due within one year |
2017 | 2016 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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6. | Called up share capital |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
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Ordinary | £1 | 100 | 100 |
DRDH ARCHITECTS LIMITED (REGISTERED NUMBER: 04340122) |
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Notes to the Financial Statements - continued |
for the year ended 31 December 2017 |
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7. | Reserves |
Retained |
earnings |
£ |
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At 1 January 2017 |
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Profit for the year |
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Dividends | ( |
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At 31 December 2017 |
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8. | Related party disclosures |
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During the year, total dividends of £10,000 were paid to the directors . |
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Included in other creditors is £7,266 (2016 - £2,266) and £25,000 (2016 - £20,000) owed to the directors D C |
Howarth and D Rosbottom respectively. |
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9. | Ultimate controlling party |
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The ultimate controlling parties during the year were D C Howarth and D Rosbottom by virtue of their |
directorships and shareholdings. |