DC Trading Website and Sales Management Ltd
DC Trading Website and Sales Management Ltd
Registered number: 13028958
Unaudited Financial Statements
For The Year Ended
30 November 2022
Shaw Austin
Chartered Accountants
45 City Road
Chester
CH1 3AE
DC Trading Website and Sales Management Ltd
Unaudited Financial Statements
For The Year Ended
30 November 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Page 1
DC Trading Website and Sales Management Ltd
Balance Sheet
As at
30 November 2022
Balance Sheet
Registered number:
13028958
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
| 30 November 2022 | 30 November 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 5 | 7 | |||
Page 1
Page 2
DC Trading Website and Sales Management Ltd
Balance Sheet (continued)
As at
30 November 2022
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
DC Trading Website and Sales Management Ltd
Notes to the Financial Statements
For The Year Ended
30 November 2022
Notes to the Financial Statements
1.
General Information
DC Trading Website and Sales Management Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
13028958
. The registered office is Room J Queens House, Queens Road, Chester, CH1 3BQ.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The presentational currency is £ Sterling and all amounts are rounded to the nearest £.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the sale of online goods and the provision of website management services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Office equipment |
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2.4.
Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2021: 1)
Page 3
Page 4
DC Trading Website and Sales Management Ltd
Notes to the Financial Statements (continued)
For The Year Ended
30 November 2022
4.
Tangible Assets
| Office equipment | |
|---|---|
| £ | |
| Cost | |
| As at
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| As at
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| Depreciation | |
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |
| As at
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| As at
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5.
Debtors
| 30 November 2022 | 30 November 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Other debtors | 1,825 | 446 | |
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6.
Creditors: Amounts Falling Due Within One Year
| 30 November 2022 | 30 November 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
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| Other creditors | 900 | 913 | |
| Taxation and social security |
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7.
Share Capital
| 30 November 2022 | 30 November 2021 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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Page 4
Page 5
DC Trading Website and Sales Management Ltd
Notes to the Financial Statements (continued)
For The Year Ended
30 November 2022
8.
Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
| As at
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Amounts advanced | Amounts repaid | Amounts written off | As at
|
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|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Mr Daniel Cartwright |
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( |
- |
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The above loan is unsecured, interest free and repayable on demand.
Page 5