Dapper St Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10917468 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2020

for

Dapper St Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A R Cook

REGISTERED OFFICE:

Unit 10

Bristol Vale Trading Estate

Hartcliffe Way

Bristol

BS3 5RJ

REGISTERED NUMBER:

10917468 (England and Wales)

ACCOUNTANTS:

P B Accountancy Ltd

17 Duckmoor Road

Ashton

Bristol

BS3 2DD

FIXED ASSETS

Tangible assets

4

33,194

39,187

CURRENT ASSETS

Stocks

344,590

388,530

Debtors

5

38,583

21,225

Cash at bank

284,735

166,768

667,908

576,523

CREDITORS

Amounts falling due within one year

6

253,668

347,513

NET CURRENT ASSETS

414,240

229,010

TOTAL ASSETS LESS CURRENT LIABILITIES

447,434

268,197

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

447,433

268,196

447,434

268,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2020 and were signed by:

A R Cook - Director

1.	STATUTORY INFORMATION

Dapper St Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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.

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.

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 year was 7 (2019 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2019

69,845

Additions

8,961

Disposals

(3,628

)

At 31 August 2020

75,178

DEPRECIATION

At 1 September 2019

30,658

Charge for year

13,467

Eliminated on disposal

(2,141

)

At 31 August 2020

41,984

NET BOOK VALUE

At 31 August 2020

33,194

At 31 August 2019

39,187

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Trade debtors

38,583

21,225

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Trade creditors

118,023

49,737

Taxation and social security

128,506

91,983

Other creditors

7,139

205,793

253,668

347,513

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2020 and 31 August 2019:

31.8.20

31.8.19

£

£

A R Cook

Balance outstanding at start of year

(187,658

)

(188,223

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(187,658

)

All funds have been extracted from the directors loan account during the year.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is A R Cook.