Dartlets Ltd. Filleted accounts for Companies House (small and micro)

1 false false false false false false false false false true false false false false false false No description of principal activity 2020-11-01 Sage Accounts Production Advanced 2020 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 03210820 2020-11-01 2021-10-31 03210820 2021-10-31 03210820 2020-10-31 03210820 2019-11-01 2020-10-31 03210820 2020-10-31 03210820 core:LandBuildings core:OwnedOrFreeholdAssets 2020-11-01 2021-10-31 03210820 core:FurnitureFittings 2020-11-01 2021-10-31 03210820 bus:OrdinaryShareClass1 2020-11-01 2021-10-31 03210820 bus:OrdinaryShareClass2 2020-11-01 2021-10-31 03210820 bus:Director1 2020-11-01 2021-10-31 03210820 bus:Director2 2020-11-01 2021-10-31 03210820 core:LandBuildings 2020-10-31 03210820 core:FurnitureFittings 2020-10-31 03210820 core:LandBuildings 2021-10-31 03210820 core:FurnitureFittings 2021-10-31 03210820 core:LandBuildings 2020-11-01 2021-10-31 03210820 core:WithinOneYear 2021-10-31 03210820 core:WithinOneYear 2020-10-31 03210820 core:ShareCapital 2021-10-31 03210820 core:ShareCapital 2020-10-31 03210820 core:RetainedEarningsAccumulatedLosses 2021-10-31 03210820 core:RetainedEarningsAccumulatedLosses 2020-10-31 03210820 core:LandBuildings 2020-10-31 03210820 core:FurnitureFittings 2020-10-31 03210820 bus:SmallEntities 2020-11-01 2021-10-31 03210820 bus:AuditExemptWithAccountantsReport 2020-11-01 2021-10-31 03210820 bus:FullAccounts 2020-11-01 2021-10-31 03210820 bus:SmallCompaniesRegimeForAccounts 2020-11-01 2021-10-31 03210820 bus:PrivateLimitedCompanyLtd 2020-11-01 2021-10-31 03210820 bus:OrdinaryShareClass1 2021-10-31 03210820 bus:OrdinaryShareClass1 2020-10-31 03210820 bus:OrdinaryShareClass2 2021-10-31 03210820 bus:OrdinaryShareClass2 2020-10-31 03210820 bus:AllOrdinaryShares 2021-10-31 03210820 bus:AllOrdinaryShares 2020-10-31 03210820 core:FurnitureFittingsToolsEquipment 2020-11-01 2021-10-31 03210820 core:FurnitureFittingsToolsEquipment 2020-10-31 03210820 core:FurnitureFittingsToolsEquipment 2021-10-31

COMPANY REGISTRATION NUMBER: 03210820

Dartlets Ltd.

Filleted Unaudited Financial Statements

31 October 2021

Dartlets Ltd.

Financial Statements

Year ended 31 October 2021

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Dartlets Ltd.

Statement of Financial Position

31 October 2021

	2021		2020
Note	£	£	£	£

Fixed assets

Tangible assets	5		206,039		268,871

Current assets

Debtors	6	4,669	4,255
Cash at bank and in hand		436,555	27,994
		---------	--------
		441,224	32,249

Creditors: amounts falling due within one year	7	110,405		73,964
		---------		--------
Net current assets/(liabilities)			330,819		( 41,715)
			---------		---------
Total assets less current liabilities			536,858		227,156

Provisions

Taxation including deferred tax	1,075	959
	---------	---------
Net assets	535,783	226,197
	---------	---------

Dartlets Ltd.

Statement of Financial Position (continued)

31 October 2021

	2021		2020
Note	£	£	£	£

Capital and reserves

Called up share capital	8	196,000	196,000
Profit and loss account		339,783	30,197
		---------	---------
Shareholders funds		535,783	226,197
		---------	---------

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 income and retained earnings has not been delivered.

For the year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their 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 23 May 2022 , and are signed on behalf of the board by:

A D Showell C E D Showell

Director Director

Company registration number: 03210820

Dartlets Ltd.

Notes to the Financial Statements

Year ended 31 October 2021

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Dart House, Paignton Road, Stoke Gabriel, Totnes, Devon, TQ9 6SL.

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.The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents amounts of rent receivable for the year.

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2% straight line
Furniture, Fixtures and Fittings	-	25% reducing balance
Equipment	-	25% reducing balance

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, either as financial assets, financial liabilities or equity interests. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2020: 3 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 November 2020	412,217	30,430	28,104	470,751
Additions	–	–	2,497	2,497
Disposals	( 115,000)	–	–	( 115,000)
	---------	--------	--------	---------
At 31 October 2021	297,217	30,430	30,601	358,248
	---------	--------	--------	---------
Depreciation
At 1 November 2020	148,393	29,683	23,804	201,880
Charge for the year	5,944	186	1,699	7,829
Disposals	( 57,500)	–	–	( 57,500)
	---------	--------	--------	---------
At 31 October 2021	96,837	29,869	25,503	152,209
	---------	--------	--------	---------
Carrying amount
At 31 October 2021	200,380	561	5,098	206,039
	---------	--------	--------	---------
At 31 October 2020	263,824	747	4,300	268,871
	---------	--------	--------	---------

6. Debtors

	2021	2020
	£	£
Other debtors	4,669	4,255
	-------	-------

7. Creditors: amounts falling due within one year

	2021	2020
	£	£
Trade creditors	7,809	5,911
Social security and other taxes	51,479	2,734
Other creditors	51,117	65,319
	---------	--------
	110,405	73,964
	---------	--------

8. Called up share capital

Issued, called up and fully paid

	2021		2020
	No.	£	No.	£
Ordinary shares of £ 1 each	195,000	195,000	195,000	195,000
Ordinary A shares of £ 1 each	1,000	1,000	1,000	1,000
	---------	---------	---------	---------
	196,000	196,000	196,000	196,000
	---------	---------	---------	---------