Dickinson Consulting Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 08895788 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Dickinson Consulting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Riley

A E Dickinson

REGISTERED OFFICE:

120 New Road

Ascot

Berkshire

REGISTERED NUMBER:

08895788 (England and Wales)

ACCOUNTANTS:

Branston Adams

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

FIXED ASSETS

Tangible assets

4

87,439

59,907

Investments

5

292,234

412,234

379,673

472,141

CURRENT ASSETS

Debtors

6

186,285

66,198

Cash at bank

567,643

440,041

753,928

506,239

CREDITORS

Amounts falling due within one year

7

498,702

87,669

NET CURRENT ASSETS

255,226

418,570

TOTAL ASSETS LESS CURRENT LIABILITIES

634,899

890,711

CREDITORS

Amounts falling due after more than one year

8

42,308

371,053

NET ASSETS

592,591

519,658

CAPITAL AND RESERVES

Called up share capital

100,070

100,070

Revaluation reserve

10

70,000

70,000

Retained earnings

422,521

349,588

592,591

519,658

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2022 and were signed on its behalf by:

I Riley - Director

1.	STATUTORY INFORMATION

Dickinson Consulting 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.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2021

16,911

2,411

38,127

Additions

12,285

-

58,892

At 31 March 2022

29,196

2,411

97,019

DEPRECIATION

At 1 April 2021

4,228

603

11,429

Charge for year

13,137

602

21,397

At 31 March 2022

17,365

1,205

32,826

NET BOOK VALUE

At 31 March 2022

11,831

1,206

64,193

At 31 March 2021

12,683

1,808

26,698

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2021

23,000

1,958

82,407

Additions

-

-

71,177

At 31 March 2022

23,000

1,958

153,584

DEPRECIATION

At 1 April 2021

5,750

490

22,500

Charge for year

8,142

367

43,645

At 31 March 2022

13,892

857

66,145

NET BOOK VALUE

At 31 March 2022

9,108

1,101

87,439

At 31 March 2021

17,250

1,468

59,907

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2021

412,234

Disposals

(120,000

)

At 31 March 2022

292,234

NET BOOK VALUE

At 31 March 2022

292,234

At 31 March 2021

412,234

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

63,406

13,617

Amounts owed by group undertakings

78,352

38,275

VAT

5,597

-

Called up share capital not paid

-

100

Prepayments

38,930

14,206

186,285

66,198

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Bank loans and overdrafts (see note 9)

10,000

9,317

Hire purchase contracts

6,166

6,166

Trade creditors

21,654

1,752

Amounts owed to group undertakings

74,362

6,042

Tax

81,157

45,181

Social security and other taxes

3,528

1,564

VAT

-

2,242

Other creditors

9,965

14,265

Directors' current accounts

231,147

-

Accrued expenses

60,723

1,140

498,702

87,669

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.22

31.3.21

£

£

Bank loans (see note 9)

34,860

40,833

Hire purchase contracts

7,448

13,101

Directors' loan accounts

-

317,119

42,308

371,053

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

833

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.22

31.3.21

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

150

Bank loans

10,000

9,167

10,000

9,317

31.3.22

31.3.21

£

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

10,000

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

24,860

30,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

833

10.

RESERVES

Revaluation

reserve

£

At 1 April 2021

and 31 March 2022

70,000