D&F Management Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11096762 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

D&F Management Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D J Hughes

Mr J Williams

Mr M F Harkin

REGISTERED OFFICE:

Hughes House

Cargo Fleet Road

Middlesbrough

TS3 6AG

REGISTERED NUMBER:

11096762 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Tangible assets

4

132,343

12,363

CURRENT ASSETS

Debtors

5

838,581

455,370

Cash at bank

440,073

198,103

1,278,654

653,473

CREDITORS

Amounts falling due within one year

6

880,074

497,974

NET CURRENT ASSETS

398,580

155,499

TOTAL ASSETS LESS CURRENT LIABILITIES

530,923

167,862

CREDITORS

Amounts falling due after more than one year

7

(35,000

)

(72,032

)

PROVISIONS FOR LIABILITIES

(1,762

)

(2,171

)

NET ASSETS

494,161

93,659

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

494,159

93,657

494,161

93,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2022 and were signed on its behalf by:

Mr J Williams - Director

Mr D J Hughes - Director

1.	STATUTORY INFORMATION

D&F Management Solutions Limited 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.

Plant and machinery etc

-

25% on cost and 20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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 6 (2020 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2021

-

13,443

13,443

Additions

123,071

-

123,071

At 31 December 2021

123,071

13,443

136,514

DEPRECIATION

At 1 January 2021

-

1,080

1,080

Charge for year

-

3,091

3,091

At 31 December 2021

-

4,171

4,171

NET BOOK VALUE

At 31 December 2021

123,071

9,272

132,343

At 31 December 2020

-

12,363

12,363

Included in cost of land & buildings is freehold land of £123,071 which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

495,954

436,787

Other debtors

342,627

18,583

838,581

455,370

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

10,000

-

Trade creditors

316,021

73,235

Taxation and social security

112,500

39,143

Other creditors

441,553

385,596

880,074

497,974

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Other creditors

35,000

72,032