Paul Dollins Accountants Limited,Ltd - AccountsLtd - Accounts

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PAUL DOLLINS ACCOUNTANTS LIMITED - Company Information

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2022-04-01 05419738 2023-03-31 05419738 2022-04-01 2023-03-31 05419738 2022-03-31 05419738 2021-04-01 2022-03-31 05419738 uk-core:WithinOneYear 2022-03-31 05419738 uk-core:WithinOneYear 2023-03-31 05419738 uk-core:AfterOneYear 2022-03-31 05419738 uk-core:AfterOneYear 2023-03-31 05419738 uk-core:ShareCapital 2023-03-31 05419738 uk-core:ShareCapital 2022-03-31 05419738 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05419738 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 05419738 uk-bus:Director1 2022-04-01 2023-03-31 05419738 uk-core:NetGoodwill 2022-04-01 2023-03-31 05419738 uk-core:Buildings 2022-04-01 2023-03-31 05419738 uk-core:ToolsEquipment 2022-04-01 2023-03-31 05419738 uk-core:MotorCars 2022-04-01 2023-03-31 05419738 uk-core:FurnitureFittings 2022-04-01 2023-03-31 05419738 uk-core:Goodwill 2022-03-31 05419738 uk-core:Goodwill 2023-03-31 05419738 uk-core:PlantMachinery 2022-03-31 05419738 uk-core:Buildings 2022-03-31 05419738 uk-core:PlantMachinery 2022-04-01 2023-03-31 05419738 uk-core:Buildings 2023-03-31 05419738 uk-core:PlantMachinery 2023-03-31 05419738 uk-core:WithinOneYear 2023-03-31 05419738 uk-core:WithinOneYear 2022-03-31 05419738 uk-core:AfterOneYear uk-core:Secured 2023-03-31 05419738 uk-core:AfterOneYear uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure 05419738 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05419738 uk-bus:FRS102 2022-04-01 2023-03-31 05419738 uk-bus:FullAccounts 2022-04-01 2023-03-31 05419738 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Paul Dollins Accountants Limited
Registered Number:05419738
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Paul Dollins Accountants Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05419738
As at 31 March 2023
Paul Dollins Accountants Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
10,651
10,099
3
10,651
10,099
Current assets
Trade and other receivables
22,564
23,341
4
121,029
Cash and cash equivalents
146,407
169,748
143,593
Trade and other payables: amounts falling due within one
year
(93,530)
(108,565)
5
50,063
61,183
Net current assets
Total assets less current liabilities
71,834
60,162
Trade and other payables: amounts falling due after more
than one year
(36,057)
(23,424)
6
(2,024)
(1,919)
Provisions for liabilities
46,386
Net assets
22,186
Capital and reserves
Called up share capital
100
100
Retained earnings
46,286
22,086
46,386
22,186
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Paul Dollins Director
These financial statements were approved and authorised for issue by the Board on 19 September 2023 and were signed by:
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4
Registered Number :
05419738
For the year ended 31 March 2023
Paul Dollins Accountants Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2023
Paul Dollins Accountants Limited
Notes to the Financial Statements
Statutory Information
Paul Dollins Accountants Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05419738.
Registered address:
PAUL DOLLINS ACCOUNTANTS
3A LABURNUM ROW
TORQUAY
TQ2 5QX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, has been amortised evenly over its estimated useful life of 12 years.
Intangible assets
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
10% Straight line
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
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.
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6
For the year ended 31 March 2023
Paul Dollins Accountants Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2022
4,367
At 31 March 2023
4,367
Amortisation
At 01 April 2022
4,367
At 31 March 2023
4,367
Net book value
At 31 March 2023
-
At 31 March 2022
-
Intangible Assets have been amortised over 12 years from their orginal cost date.
3. Property, plant and equipment
Total
Plant and
machinery
Land and
buildings
£
£
£
Cost or
valuation
At 01 April 2022
70,796
47,924
22,872
3,076
3,076
-
Additions
At 31 March 2023
22,872
51,000
73,872
Provision for depreciation and impairment
At 01 April 2022
60,697
37,825
22,872
Charge for year
2,524
2,524
-
At 31 March 2023
63,221
40,349
22,872
At 31 March 2023
Net book value
-
10,651
10,651
At 31 March 2022
-
10,099
10,099
4. Trade and other receivables
2022
2023
£
£
Trade debtors
23,341
16,861
Other debtors
-
5,703
22,564
23,341
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7
For the year ended 31 March 2023
Paul Dollins Accountants Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
13,099
14,226
Trade creditors
245
455
Taxation and social security
57,513
50,844
Directors' loan accounts
35,096
25,317
Other creditors
2,612
2,688
108,565
93,530
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
23,424
36,057
7. Related party transactions
The company was under the control of Mr P Dollins during this year.
8. Average number of persons employed
During the year the average number of employees was 5 (2022 : 5)
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