Company Registration No. 09965925 (England and Wales)
Discount In Limited
Annual report and unaudited accounts
for the period from 22 January 2016 to 31 January 2017
Discount In Limited
Annual report and unaudited accounts
Contents
Discount In Limited
Company Information
for the period from 22 January 2016 to 31 January 2017
Company Number
09965925 (England and Wales)
Registered Office
UNIT F ST STEPHENS MILL
RIPLEY STREET
BRADFORD
WEST YORKSHIRE
BD5 7JW
UNITED KINGDOM
Accountants
MHK ACCOUNTANTS
150-168 Manningham Lane
Bradford
West Yorkshire
BD8 7DT
Discount In Limited
Statement of financial position
as at
31 January 2017
Cash at bank and in hand
12,908
Creditors: amounts falling due within one year
(22,480)
Called up share capital
100
Profit and loss account
2,314
Shareholders' funds
2,414
For the period ending 31 January 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 10 March 2017.
Hamza Khan
Director
Company Registration No. 09965925
Discount In Limited
Notes to the Accounts
for the period from 22 January 2016 to 31 January 2017
Discount In Limited is a private company, limited by shares, registered in England and Wales, registration number 09965925. The registered office and principal place of business is UNIT F ST STEPHENS MILL, RIPLEY STREET, BRADFORD, WEST YORKSHIRE, BD5 7JW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents net invoiced sales of goods, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on reducing balance
Computer equipment
25% on reducing balance
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 January 2017
450
375
825
Charge for the year
90
94
184
At 31 January 2017
90
94
184
At 31 January 2017
360
281
641
Discount In Limited
Notes to the Accounts
for the period from 22 January 2016 to 31 January 2017
6
Creditors: amounts falling due within one year
2017
Allotted, called up and fully paid:
1 Ordinary shares of £100 each
100
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Average number of employees
During the period the average number of employees was 0.