Doc.Know Limited - Filleted accounts

Doc.Know Limited - Filleted accounts

DOC.KNOW LIMITED - Company Information

Print Friendly Version

Registered number
04521936
Doc.Know Limited
Filleted Accounts
31 March 2023
Doc.Know Limited
Registered number: 04521936
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 3,136 3,885
Current assets
Debtors 4 950 61,100
Cash at bank and in hand 27,811 7,843
28,761 68,943
Creditors: amounts falling due within one year 5 (7,656) (38,328)
Net current assets 21,105 30,615
Net assets 24,241 34,500
Capital and reserves
Called up share capital 100 100
Profit and loss account 24,141 34,400
Shareholders' funds 24,241 34,500
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P J Melton
Director
Approved by the board on 27 October 2023
Doc.Know Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services and is recognised according to the date on which the services are provided.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, and equipment 25% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 1
3 Tangible fixed assets
Fixtures, fittings and equipment
£
Cost
At 1 April 2022 5,180
Additions 583
At 31 March 2023 5,763
Depreciation
At 1 April 2022 1,295
Charge for the year 1,332
At 31 March 2023 2,627
Net book value
At 31 March 2023 3,136
At 31 March 2022 3,885
4 Debtors 2023 2022
£ £
Trade debtors 950 61,100
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 312 11,678
Other creditors 7,344 26,650
7,656 38,328
6 Related party transactions
During the year dividends were paid to the shareholding director of £2,000 (2022: £5,000).
The balance owed to the director was £1,469 (2022: £5,775) at the year end.
7 Controlling party
The company is wholly controlled by the director.
8 Other information
Doc.Know Limited is a private company limited by shares and incorporated in England. Its registered office is:
31 Abbey Road
Grimsby
N E Lincolnshire
DN32 0HQ
Doc.Know Limited 04521936 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts April 2022 P J Melton No description of principal activity 04521936 2021-04-01 2022-03-31 04521936 core:WithinOneYear 2022-03-31 04521936 core:ShareCapital 2022-03-31 04521936 core:RetainedEarningsAccumulatedLosses 2022-03-31 04521936 2022-04-01 2023-03-31 04521936 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04521936 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04521936 bus:Director40 2022-04-01 2023-03-31 04521936 1 2022-04-01 2023-03-31 04521936 2 2022-04-01 2023-03-31 04521936 core:PlantMachinery 2022-04-01 2023-03-31 04521936 countries:England 2022-04-01 2023-03-31 04521936 bus:FRS102 2022-04-01 2023-03-31 04521936 bus:FullAccounts 2022-04-01 2023-03-31 04521936 2023-03-31 04521936 core:WithinOneYear 2023-03-31 04521936 core:ShareCapital 2023-03-31 04521936 core:RetainedEarningsAccumulatedLosses 2023-03-31 04521936 core:PlantMachinery 2023-03-31 04521936 2022-03-31 04521936 core:PlantMachinery 2022-03-31 iso4217:GBP xbrli:pure