Company Registration No. 11976166 (England and Wales)
D&T London Ltd
Unaudited accounts
for the year ended 31 May 2022
D&T London Ltd
Unaudited accounts
Contents
D&T London Ltd
Company Information
for the year ended 31 May 2022
Company Number
11976166 (England and Wales)
Registered Office
83 St Ann's Road
London
N15 6NJ
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
D&T London Ltd
Statement of financial position
as at 31 May 2022
Intangible assets
8,251
8,834
Tangible assets
90,190
95,662
Cash at bank and in hand
12,634
5,282
Creditors: amounts falling due within one year
(112,113)
(106,216)
Net current liabilities
(33,659)
(31,364)
Total assets less current liabilities
64,782
73,132
Creditors: amounts falling due after more than one year
(43,352)
(57,238)
Called up share capital
100
100
Profit and loss account
21,330
15,794
Shareholders' funds
21,430
15,894
For the year ending 31 May 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 9 February 2023 and were signed on its behalf by
Murat TOGUZ
Director
Company Registration No. 11976166
D&T London Ltd
Notes to the Accounts
for the year ended 31 May 2022
D&T London Ltd is a private company, limited by shares, registered in England and Wales, registration number 11976166. The registered office is 83 St Ann's Road, London, N15 6NJ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Motor vehicles
8 years - straight line basis
Fixtures & fittings
20 years - straight line basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
D&T London Ltd
Notes to the Accounts
for the year ended 31 May 2022
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2021
25,000
78,898
103,898
At 31 May 2022
25,000
80,496
105,496
At 1 June 2021
3,125
5,111
8,236
Charge for the year
3,125
3,945
7,070
At 31 May 2022
6,250
9,056
15,306
At 31 May 2022
18,750
71,440
90,190
At 31 May 2021
21,875
73,787
95,662
Amounts falling due within one year
Accrued income and prepayments
6,000
6,000
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
5,780
5,780
Taxes and social security
2,639
(420)
Other creditors
90,196
88,831
D&T London Ltd
Notes to the Accounts
for the year ended 31 May 2022
8
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
13,352
17,238
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
Included within other creditors is an amount of £90,196 (2021: £88,481) due to its director. There are no terms as to interest or repayment in respect of this balance.
11
Average number of employees
During the year the average number of employees was 3 (2021: 3).
