INNER CIRCLE DJS LIMITED

INNER CIRCLE DJS LIMITED - Company Information

2022-02-012023-01-312023-01-31false05673736INNER CIRCLE DJS LIMITED2023-10-25iso4217:GBPxbrli:pure056737362022-02-01056737362023-01-31056737362022-02-012023-01-31056737362021-02-01056737362022-01-31056737362021-02-012022-01-3105673736bus:SmallEntities2022-02-012023-01-3105673736bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3105673736bus:FullAccounts2022-02-012023-01-3105673736bus:PrivateLimitedCompanyLtd2022-02-012023-01-3105673736core:WithinOneYear2023-01-3105673736core:AfterOneYear2023-01-3105673736core:WithinOneYear2022-01-3105673736core:AfterOneYear2022-01-3105673736core:ShareCapital2023-01-3105673736core:SharePremium2023-01-3105673736core:RevaluationReserve2023-01-3105673736core:OtherReservesSubtotal2023-01-3105673736core:RetainedEarningsAccumulatedLosses2023-01-3105673736core:ShareCapital2022-01-3105673736core:SharePremium2022-01-3105673736core:RevaluationReserve2022-01-3105673736core:OtherReservesSubtotal2022-01-3105673736core:RetainedEarningsAccumulatedLosses2022-01-3105673736core:LandBuildings2023-01-3105673736core:PlantMachinery2023-01-3105673736core:Vehicles2023-01-3105673736core:FurnitureFittings2023-01-3105673736core:OfficeEquipment2023-01-3105673736core:NetGoodwill2023-01-3105673736core:IntangibleAssetsOtherThanGoodwill2023-01-3105673736core:ListedExchangeTraded2023-01-3105673736core:UnlistedNon-exchangeTraded2023-01-3105673736core:LandBuildings2022-01-3105673736core:PlantMachinery2022-01-3105673736core:Vehicles2022-01-3105673736core:FurnitureFittings2022-01-3105673736core:OfficeEquipment2022-01-3105673736core:NetGoodwill2022-01-3105673736core:IntangibleAssetsOtherThanGoodwill2022-01-3105673736core:ListedExchangeTraded2022-01-3105673736core:UnlistedNon-exchangeTraded2022-01-3105673736core:LandBuildings2022-02-012023-01-3105673736core:PlantMachinery2022-02-012023-01-3105673736core:Vehicles2022-02-012023-01-3105673736core:FurnitureFittings2022-02-012023-01-3105673736core:OfficeEquipment2022-02-012023-01-3105673736core:NetGoodwill2022-02-012023-01-3105673736core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3105673736core:ListedExchangeTraded2022-02-012023-01-3105673736core:UnlistedNon-exchangeTraded2022-02-012023-01-3105673736core:MoreThanFiveYears2022-02-012023-01-3105673736core:Non-currentFinancialInstruments2023-01-3105673736core:Non-currentFinancialInstruments2022-01-3105673736dpl:CostSales2022-02-012023-01-3105673736dpl:DistributionCosts2022-02-012023-01-3105673736dpl:AdministrativeExpenses2022-02-012023-01-3105673736core:LandBuildings2022-02-012023-01-3105673736core:PlantMachinery2022-02-012023-01-3105673736core:Vehicles2022-02-012023-01-3105673736core:FurnitureFittings2022-02-012023-01-3105673736core:OfficeEquipment2022-02-012023-01-3105673736core:NetGoodwill2022-02-012023-01-3105673736core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3105673736dpl:GroupUndertakings2022-02-012023-01-3105673736dpl:ParticipatingInterests2022-02-012023-01-3105673736dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3105673736core:ListedExchangeTraded2022-02-012023-01-3105673736dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3105673736core:UnlistedNon-exchangeTraded2022-02-012023-01-3105673736dpl:CostSales2021-02-012022-01-3105673736dpl:DistributionCosts2021-02-012022-01-3105673736dpl:AdministrativeExpenses2021-02-012022-01-3105673736core:LandBuildings2021-02-012022-01-3105673736core:PlantMachinery2021-02-012022-01-3105673736core:Vehicles2021-02-012022-01-3105673736core:FurnitureFittings2021-02-012022-01-3105673736core:OfficeEquipment2021-02-012022-01-3105673736core:NetGoodwill2021-02-012022-01-3105673736core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3105673736dpl:GroupUndertakings2021-02-012022-01-3105673736dpl:ParticipatingInterests2021-02-012022-01-3105673736dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3105673736core:ListedExchangeTraded2021-02-012022-01-3105673736dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3105673736core:UnlistedNon-exchangeTraded2021-02-012022-01-3105673736core:NetGoodwill2023-01-3105673736core:IntangibleAssetsOtherThanGoodwill2023-01-3105673736core:LandBuildings2023-01-3105673736core:PlantMachinery2023-01-3105673736core:Vehicles2023-01-3105673736core:FurnitureFittings2023-01-3105673736core:OfficeEquipment2023-01-3105673736core:AfterOneYear2023-01-3105673736core:WithinOneYear2023-01-3105673736core:ListedExchangeTraded2023-01-3105673736core:UnlistedNon-exchangeTraded2023-01-3105673736core:ShareCapital2023-01-3105673736core:SharePremium2023-01-3105673736core:RevaluationReserve2023-01-3105673736core:OtherReservesSubtotal2023-01-3105673736core:RetainedEarningsAccumulatedLosses2023-01-3105673736core:NetGoodwill2022-01-3105673736core:IntangibleAssetsOtherThanGoodwill2022-01-3105673736core:LandBuildings2022-01-3105673736core:PlantMachinery2022-01-3105673736core:Vehicles2022-01-3105673736core:FurnitureFittings2022-01-3105673736core:OfficeEquipment2022-01-3105673736core:AfterOneYear2022-01-3105673736core:WithinOneYear2022-01-3105673736core:ListedExch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Registered Number
05673736
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

INNER CIRCLE DJS LIMITED

Company Information
for the year from 1 February 2022 to 31 January 2023


Directors	PROBERT, Caroline Judith
	PROBERT, David Lee


Registered Address	26 Berkeley Square
	Clifton
	Bristol
	BS8 1HP


Registered Number	05673736 (England and Wales)

INNER CIRCLE DJS LIMITED

Statement of Financial Position
31 January 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	6		9,081		10,941
			9,081		10,941
Current assets
Debtors	7	7,398		9,924
Cash at bank and on hand		49,027		68,818
		56,425		78,742
Creditors amounts falling due within one year	8	(24,807)		(36,328)
Net current assets (liabilities)			31,618		42,414
Total assets less current liabilities			40,699		53,355
Creditors amounts falling due after one year	9		(14,998)		(18,229)
Net assets			25,701		35,126
Capital and reserves
Called up share capital			100		100
Profit and loss account			25,601		35,026
Shareholders' funds			25,701		35,126

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 25 October 2023, and are signed on its behalf by:

PROBERT, Caroline Judith
Director

PROBERT, David Lee
Director

Registered Company No. 05673736

INNER CIRCLE DJS LIMITED

Notes to the Financial Statements
for the year ended 31 January 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	The principal activity of the company during the year was that of a music agency.

4.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

5.	Employee information


		2023		2022
	Average number of employees during the year	1		1

6.	Property, plant and equipment

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 February 22	37,685	37,685
Additions	1,068	1,068
Disposals	(1,668)	(1,668)
At 31 January 23	37,085	37,085
Depreciation and impairment
At 01 February 22	26,744	26,744
Charge for year	2,928	2,928
On disposals	(1,668)	(1,668)
At 31 January 23	28,004	28,004
Net book value
At 31 January 23	9,081	9,081
At 31 January 22	10,941	10,941

7.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	7,398	9,924
Total	7,398	9,924


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8.	Creditors within one year

	2023	2022
	£	£
Bank borrowings and overdrafts	5,454	4,861
Taxation and social security	7,297	11,642
Other creditors	10,639	18,444
Accrued liabilities and deferred income	1,417	1,381
Total	24,807	36,328


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors after one year

	2023	2022
	£	£
Bank borrowings and overdrafts	14,998	18,229
Total	14,998	18,229