Dependable Trading Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08169667 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Dependable Trading Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

4

226,927

183,611

Cash at bank

90,549

238,167

317,476

421,778

CREDITORS

Amounts falling due within one year

5

334,947

359,313

NET CURRENT (LIABILITIES)/ASSETS

(17,471

)

62,465

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,471

)

62,465

CREDITORS

Amounts falling due after more than one year

6

36,667

46,667

NET (LIABILITIES)/ASSETS

(54,138

)

15,798

CAPITAL AND RESERVES

Called up share capital

101

100

Retained earnings

(54,239

)

15,698

SHAREHOLDERS' FUNDS

(54,138

)

15,798

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2022 and were signed on its behalf by:

L J Doyle - Director

1.	STATUTORY INFORMATION

Dependable Trading Ltd is a private company, limited by shares, registered in England. Its registered office address is Raines House, Denby Dale Road, Wakefield, WF1 1HR and its registered number is 08169667.

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 the value of goods sold to customers in the year.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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 14 (2020 - 10 ) .

4.

DEBTORS

31.12.21

31.12.20

£

£

Amounts falling due within one year:

Trade debtors

5,189

11,012

Other debtors

77,902

16,072

83,091

27,084

Amounts falling due after more than one year:

Other debtors

143,836

156,527

Aggregate amounts

226,927

183,611

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Bank loans and overdrafts

10,000

3,333

Trade creditors

312,025

124,197

Taxation and social security

7,789

106,863

Other creditors

5,133

124,920

334,947

359,313

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.21

31.12.20

£

£

Bank loans

36,667

46,667

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director owed the company £45,000.