Dick & Dave Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08476198 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2023

FOR

DICK & DAVE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J A Cleveland

Mrs J Stroud

Mr R Cleveland

Mr D G Stroud

REGISTERED OFFICE:

92 Station Lane

Hornchurch

Essex

RM12 6LX

BUSINESS ADDRESS:

22 Mansel Road

London

SW19 4AA

REGISTERED NUMBER:

08476198 (England and Wales)

ACCOUNTANTS:

S.D. Garner + Co Limited

Chartered Certified Accountants

92 Station Lane

Hornchurch

Essex

RM12 6LX

FIXED ASSETS

Tangible assets

4

38,145

39,368

38,145

39,368

CURRENT ASSETS

Debtors

5

327,661

336,338

Cash at bank and in hand

348,131

18,534

675,792

354,872

CREDITORS

Amounts falling due within one year

6

170,781

119,252

NET CURRENT ASSETS

505,011

235,620

TOTAL ASSETS LESS CURRENT LIABILITIES

543,156

274,988

PROVISIONS FOR LIABILITIES

9,536

-

NET ASSETS

533,620

274,988

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

533,520

274,888

SHAREHOLDERS' FUNDS

533,620

274,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th June 2023 and were signed on its behalf by:

Mr R Cleveland - Director

1.	STATUTORY INFORMATION

Dick & Dave 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

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 5 (2022 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st May 2022

54,564

49,575

104,139

Additions

7,895

10,600

18,495

Disposals

(19,063

)

(36,708

)

(55,771

)

At 30th April 2023

43,396

23,467

66,863

DEPRECIATION

At 1st May 2022

24,382

40,389

64,771

Charge for year

5,583

4,339

9,922

Eliminated on disposal

(12,334

)

(33,641

)

(45,975

)

At 30th April 2023

17,631

11,087

28,718

NET BOOK VALUE

At 30th April 2023

25,765

12,380

38,145

At 30th April 2022

30,182

9,186

39,368

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

226,015

284,338

Amounts recoverable on contracts

94,200

52,000

VAT

7,446

-

327,661

336,338

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

-

720

Taxation and social security

170,430

118,213

Other creditors

351

319

170,781

119,252