D.I.G. CORRUGATED MACHINERY LIMITED

D.I.G. CORRUGATED MACHINERY LIMITED

D.I.G. CORRUGATED MACHINERY LIMITED - Company Information

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1 February 2021 false No description of principal activity Taxfiler 2022.10.2 01978278business:PrivateLimitedCompanyLtd2021-02-012022-01-31 019782782021-01-31 019782782021-02-012022-01-31 01978278business:AuditExemptWithAccountantsReport2021-02-012022-01-31 01978278business:FullAccounts2021-02-012022-01-31 019782782022-01-31 01978278business:Director12021-02-012022-01-31 01978278business:RegisteredOffice2021-02-012022-01-31 019782782021-01-31 01978278core:WithinOneYear2022-01-31 01978278core:WithinOneYear2021-01-31 01978278core:ShareCapital2022-01-31 01978278core:ShareCapital2021-01-31 01978278core:RetainedEarningsAccumulatedLosses2022-01-31 01978278core:RetainedEarningsAccumulatedLosses2021-01-31 01978278business:SmallEntities2021-02-012022-01-31 01978278countries:EnglandWales2021-02-012022-01-31 01978278core:PlantMachinery2021-02-012022-01-31 01978278core:MotorVehicles2021-02-012022-01-31 01978278core:FurnitureFittings2021-02-012022-01-31 01978278core:ComputerEquipment2021-02-012022-01-31 01978278core:LandBuildings2021-01-31 01978278core:PlantMachinery2021-01-31 01978278core:MotorVehicles2021-01-31 01978278core:FurnitureFittings2021-01-31 01978278core:ComputerEquipment2021-01-31 01978278core:LandBuildings2021-02-012022-01-31 01978278core:LandBuildings2022-01-31 01978278core:PlantMachinery2022-01-31 01978278core:MotorVehicles2022-01-31 01978278core:FurnitureFittings2022-01-31 01978278core:ComputerEquipment2022-01-31 019782782020-02-012021-01-31 iso4217:GBP xbrli:pure
Company Registration No. 01978278 (England and Wales)
D.I.G. CORRUGATED MACHINERY LIMITED Unaudited accounts for the year ended 31 January 2022
D.I.G. CORRUGATED MACHINERY LIMITED Unaudited accounts Contents
Page
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D.I.G. CORRUGATED MACHINERY LIMITED Company Information for the year ended 31 January 2022
Director
Gary Andrew Butcher
Company Number
01978278 (England and Wales)
Registered Office
5 CULLEN PLACE EASTLANDS INDUSTRIAL ESTATE LEISTON SUFFOLK IP16 4LL
Accountants
MBS Accountancy Services Ltd Garden House, 11 Judith Avenue Knodishall SAXMUNDHAM Suffolk IP17 1UY
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D.I.G. CORRUGATED MACHINERY LIMITED Accountants' report
Accountants' report to the director of D.I.G. CORRUGATED MACHINERY LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 January 2022.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 January 2022. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MBS Accountancy Services Ltd Garden House, 11 Judith Avenue Knodishall SAXMUNDHAM Suffolk IP17 1UY 13 October 2022
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D.I.G. CORRUGATED MACHINERY LIMITED Statement of financial position as at 31 January 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
38,085 
44,981 
Current assets
Inventories
186,946 
160,656 
Debtors
5
82,897 
65,918 
Cash at bank and in hand
62,798 
98,620 
332,641 
325,194 
Creditors: amounts falling due within one year
6
(133,985)
(95,189)
Net current assets
198,656 
230,005 
Total assets less current liabilities
236,741 
274,986 
Provisions for liabilities
Deferred tax
(5,267)
(6,556)
Net assets
231,474 
268,430 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
231,374 
268,330 
Shareholders' funds
231,474 
268,430 
For the year ending 31 January 2022 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 and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 October 2022 and were signed on its behalf by
Gary Andrew Butcher Director Company Registration No. 01978278
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D.I.G. CORRUGATED MACHINERY LIMITED Notes to the Accounts for the year ended 31 January 2022
1
Statutory information
D.I.G. CORRUGATED MACHINERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01978278. The registered office is 5 CULLEN PLACE, EASTLANDS INDUSTRIAL ESTATE, LEISTON, SUFFOLK, IP16 4LL.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 February 2021
10,362 
33,988 
29,507 
624 
18,383 
92,864 
Additions
- 
2,348 
- 
- 
- 
2,348 
At 31 January 2022
10,362 
36,336 
29,507 
624 
18,383 
95,212 
Depreciation
At 1 February 2021
- 
16,011 
16,726 
513 
14,633 
47,883 
Charge for the year
- 
5,082 
3,196 
28 
938 
9,244 
At 31 January 2022
- 
21,093 
19,922 
541 
15,571 
57,127 
Net book value
At 31 January 2022
10,362 
15,243 
9,585 
83 
2,812 
38,085 
At 31 January 2021
10,362 
17,977 
12,781 
111 
3,750 
44,981 
5
Debtors
2022 
2021 
£ 
£ 
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D.I.G. CORRUGATED MACHINERY LIMITED Notes to the Accounts for the year ended 31 January 2022
Amounts falling due within one year
Trade debtors
78,498 
60,146 
Accrued income and prepayments
4,399 
5,772 
82,897 
65,918 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
46,759 
50,000 
Trade creditors
84,278 
26,471 
Taxes and social security
2,199 
16,362 
Other creditors
749 
856 
Accruals
- 
1,500 
133,985 
95,189 
7
Average number of employees
During the year the average number of employees was 8 (2021: 8).
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