D.A.A. Slinn & Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05633552 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 October 2021

for

D.A.A. Slinn & Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D A A Slinn

Mrs J D Slinn

SECRETARY:

Mrs J D Slinn

REGISTERED OFFICE:

The Little House

Sandy Lane

Church Brampton

Northampton

NORTHAMPTONSHIRE

NN6 8AX

REGISTERED NUMBER:

05633552 (England and Wales)

ACCOUNTANTS:

Harris & Clarke LLP

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

FIXED ASSETS

Tangible assets

4

2,472

2,022

CURRENT ASSETS

Debtors

5

74,274

87,349

Cash at bank and in hand

313,690

316,303

387,964

403,652

CREDITORS

Amounts falling due within one year

6

340,907

351,109

NET CURRENT ASSETS

47,057

52,543

TOTAL ASSETS LESS CURRENT LIABILITIES

49,529

54,565

CREDITORS

Amounts falling due after more than one year

7

47,338

53,216

NET ASSETS

2,191

1,349

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,189

1,347

SHAREHOLDERS' FUNDS

2,191

1,349

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 1 February 2022 and were signed on its behalf by:

Mrs J D Slinn - Director

1.	STATUTORY INFORMATION

D.A.A. Slinn & Associates 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

-

33% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and investments.

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.

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 3 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 November 2020

13,737

Additions

2,733

At 31 October 2021

16,470

DEPRECIATION

At 1 November 2020

11,715

Charge for year

2,283

At 31 October 2021

13,998

NET BOOK VALUE

At 31 October 2021

2,472

At 31 October 2020

2,022

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

144

1,584

Other debtors

74,130

85,765

74,274

87,349

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

-

3,860

Trade creditors

1,747

3,048

Taxation and social security

32,229

42,530

Other creditors

306,931

301,671

340,907

351,109

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

47,338

53,216

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2021 and 31 October 2020:

2021

2020

£

£

Mr D A A Slinn

Balance outstanding at start of year

35,413

15,093

Amounts advanced

46,419

20,320

Amounts repaid

(50,995

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,837

35,413

Mrs J D Slinn

Balance outstanding at start of year

29,204

11,367

Amounts advanced

43,936

17,837

Amounts repaid

(50,995

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

22,145

29,204