Daxom Installation & Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12910983 (England and Wales)

Financial Statements

for the Period 28 September 2020 to 30 September 2021

for

Daxom Installation & Services Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

U Koenig

D K Nutton

REGISTERED OFFICE:

53 Broad Lea

Elland

West Yorkshire

HX5 0EQ

REGISTERED NUMBER:

12910983 (England and Wales)

ACCOUNTANTS:

Millward, May & Co

Suite 9 Market House

21 Market Place

Wokingham

Berkshire

RG40 1AP

FIXED ASSETS

Tangible assets

4

6,303

CURRENT ASSETS

Debtors

5

689

Cash at bank

3,782

4,471

CREDITORS

Amounts falling due within one year

6

8,381

NET CURRENT LIABILITIES

(3,910

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,393

CREDITORS

Amounts falling due after more than one year

7

4,572

NET LIABILITIES

(2,179

)

CAPITAL AND RESERVES

Called up share capital

8

18

Retained earnings

(2,197

)

SHAREHOLDERS' FUNDS

(2,179

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2021 and were signed on its behalf by:

U Koenig - Director

1.	STATUTORY INFORMATION

Daxom Installation & Services 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.

Plant and machinery - 20% reducing balance

Motor vehicles - 20% reducing balance

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

382

7,496

7,878

At 30 September 2021

382

7,496

7,878

DEPRECIATION

Charge for period

76

1,499

1,575

At 30 September 2021

76

1,499

1,575

NET BOOK VALUE

At 30 September 2021

306

5,997

6,303

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

689

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

1,908

Taxation and social security

203

Other creditors

6,270

8,381

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

4,572

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

18

ordinary

£1

18

9.	RELATED PARTY DISCLOSURES

During the period the directors maintained a loan account with the company. At the period end the company owed the directors £6,078. This loan is interest free, repayable on demand and shown within other creditors.