DAS FABRICATION LIMITED

DAS FABRICATION LIMITED

DAS FABRICATION LIMITED - Company Information

Print Friendly Version

DAS FABRICATION LIMITED

Company Registration Number:
03808010 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

DAS FABRICATION LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

DAS FABRICATION LIMITED

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 240 701
Total fixed assets: 240 701
Current assets
Stocks: 3,500 13,500
Debtors:   243,231 165,153
Cash at bank and in hand: 192,200 44,756
Total current assets: 438,931 223,409
Creditors: amounts falling due within one year: 4 (627,503) (451,640)
Net current assets (liabilities): (188,572) (228,231)
Total assets less current liabilities: (188,332) (227,530)
Creditors: amounts falling due after more than one year:   0 (2,500)
Total net assets (liabilities): (188,332) (230,030)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (188,336) (230,034)
Shareholders funds: (188,332) (230,030)

The notes form part of these financial statements

DAS FABRICATION LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 15 December 2023
and signed on behalf of the board by:

Name: D A Crook
Status: Director

The notes form part of these financial statements

DAS FABRICATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 25% on cost

Other accounting policies

Basis of preparationThe financial statements have been prepared on a going concern basis on the grounds that the director will continue to provide sufficient finance to enable the company to continue trading for the foreseeable future.StocksStocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.Pension costs and other post-retirement benefitsThe 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.

DAS FABRICATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 11 11

DAS FABRICATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 115,333
Additions 133
At 31 March 2023 115,466
Depreciation
At 01 April 2022 114,632
Charge for year 594
At 31 March 2023 115,226
Net book value
At 31 March 2023 240
At 31 March 2022 701

DAS FABRICATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Trade creditors - £310,669Taxation and social security - £39,316Other creditors - £277,518

DAS FABRICATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Related party transactions

Name of the related party: D A Crook
Relationship:
Director
Description of the Transaction: The transactions are loans to the company.
£
Balance at 01 April 2022 166,920
Balance at 31 March 2023 264,320