3DK Solutions Limited Filleted accounts for Companies House (small and micro)

3DK SOLUTIONS LIMITED - Company Information

3 false false false false false false false false false true false false false false false false No description of principal activity 2022-08-01 Sage Accounts Production Advanced 2021 - FRS102_2021 252,048 77,607 40,416 12,121 301,360 301,360 252,048 4,592 867 5,459 xbrli:pure xbrli:shares iso4217:GBP 04851955 2022-08-01 2023-07-31 04851955 2023-07-31 04851955 2022-07-31 04851955 2021-08-01 2022-07-31 04851955 2022-07-31 04851955 core:LandBuildings core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04851955 core:FurnitureFittings 2022-08-01 2023-07-31 04851955 core:MotorVehicles 2022-08-01 2023-07-31 04851955 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 04851955 bus:OrdinaryShareClass2 2022-08-01 2023-07-31 04851955 bus:OrdinaryShareClass3 2022-08-01 2023-07-31 04851955 bus:OrdinaryShareClass4 2022-08-01 2023-07-31 04851955 bus:Director1 2022-08-01 2023-07-31 04851955 core:WithinOneYear 2023-07-31 04851955 core:WithinOneYear 2022-07-31 04851955 core:LandBuildings 2022-07-31 04851955 core:FurnitureFittings 2022-07-31 04851955 core:MotorVehicles 2022-07-31 04851955 core:LandBuildings 2023-07-31 04851955 core:FurnitureFittings 2023-07-31 04851955 core:MotorVehicles 2023-07-31 04851955 core:LandBuildings 2022-08-01 2023-07-31 04851955 core:AfterOneYear 2023-07-31 04851955 core:ShareCapital 2023-07-31 04851955 core:ShareCapital 2022-07-31 04851955 core:RetainedEarningsAccumulatedLosses 2023-07-31 04851955 core:RetainedEarningsAccumulatedLosses 2022-07-31 04851955 core:DeferredTaxation 2022-08-01 2023-07-31 04851955 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 04851955 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 04851955 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2023-07-31 04851955 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2023-07-31 04851955 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 04851955 core:Non-currentFinancialInstruments 2023-07-31 04851955 core:Non-currentFinancialInstruments 2022-07-31 04851955 core:AcceleratedTaxDepreciationDeferredTax 2023-07-31 04851955 core:AcceleratedTaxDepreciationDeferredTax 2022-07-31 04851955 core:LandBuildings 2022-07-31 04851955 core:FurnitureFittings 2022-07-31 04851955 core:MotorVehicles 2022-07-31 04851955 core:DeferredTaxation 2022-07-31 04851955 core:DeferredTaxation 2023-07-31 04851955 bus:SmallEntities 2022-08-01 2023-07-31 04851955 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 04851955 bus:FullAccounts 2022-08-01 2023-07-31 04851955 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 04851955 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 04851955 bus:OrdinaryShareClass1 2023-07-31 04851955 bus:OrdinaryShareClass1 2022-07-31 04851955 bus:OrdinaryShareClass2 2023-07-31 04851955 bus:OrdinaryShareClass2 2022-07-31 04851955 bus:OrdinaryShareClass3 2023-07-31 04851955 bus:OrdinaryShareClass3 2022-07-31 04851955 bus:OrdinaryShareClass4 2023-07-31 04851955 bus:OrdinaryShareClass4 2022-07-31 04851955 bus:AllOrdinaryShares 2023-07-31 04851955 bus:AllOrdinaryShares 2022-07-31 04851955 core:ComputerEquipment 2022-08-01 2023-07-31 04851955 core:ComputerEquipment 2022-07-31 04851955 core:ComputerEquipment 2023-07-31

COMPANY REGISTRATION NUMBER: 04851955

3DK SOLUTIONS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 July 2023

3DK SOLUTIONS LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2023

Contents	Pages

Balance sheet 1 to 2

Notes to the financial statements 3 to 8

3DK SOLUTIONS LIMITED

BALANCE SHEET

31 July 2023

	2023	2022
Note	£	£

Fixed assets

Tangible assets	5	495,535	472,348
Investments	6	301,360	252,048
		------------	------------
		796,895	724,396

Current assets

Debtors	7	40,467	43,215
Investments	8	137,725	135,041
Cash at bank and in hand		104,751	156,553
		------------	------------
		282,943	334,809

Creditors: amounts falling due within one year	9	( 163,796)	( 143,403)
		------------	------------
Net current assets		119,147	191,406
		------------	------------
Total assets less current liabilities		916,042	915,802

Creditors: amounts falling due after more than one year	10	( 15,710)	–

Provisions

Taxation including deferred tax	12	( 5,459)	( 4,592)
		------------	------------
Net assets		894,873	911,210
		------------	------------

Capital and reserves

Called up share capital	14	150	150
Profit and loss account		894,723	911,060
		------------	------------
Shareholders funds		894,873	911,210
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

3DK SOLUTIONS LIMITED

BALANCE SHEET (continued)

31 July 2023

These financial statements were approved by the board of directors and authorised for issue on 10 April 2024 , and are signed on behalf of the board by:

P Johnson Director

Company registration number: 04851955

3DK SOLUTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 50 Goldcliff Close, Callands, Warrington, Cheshire, WA5 9EP.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the value of services provided net of value added tax.

Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occured at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the rates that are expected to apply in the periods in which the timing differences reverse, based on the rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	33% straight line

Investments

Fixed asset investments are stated at fair value with changes in valuation being recognised in the profit and loss account. Current asset investments are stated at cost less any provision for impairment.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

The company operates defined contribution pension schemes. The amount charged to the profit and loss account in respect of pension costs is the contributions payable in the year.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2022: 4 ).

5. Tangible assets

	Freehold property	Fixtures and fittings	Motor vehicles	Computer equipment	Total
	£	£	£	£	£
Cost
At 1 August 2022	480,193	20,596	59,950	29,466	590,205
Additions	–	–	67,085	–	67,085
Disposals	–	–	( 59,950)	–	( 59,950)
	------------	------------	------------	------------	------------
At 31 July 2023	480,193	20,596	67,085	29,466	597,340
	------------	------------	------------	------------	------------
Depreciation
At 1 August 2022	32,014	12,440	45,723	27,680	117,857
Charge for the year	9,604	2,039	16,771	1,257	29,671
Disposals	–	–	( 45,723)	–	( 45,723)
	------------	------------	------------	------------	------------
At 31 July 2023	41,618	14,479	16,771	28,937	101,805
	------------	------------	------------	------------	------------
Carrying amount
At 31 July 2023	438,575	6,117	50,314	529	495,535
	------------	------------	------------	------------	------------
At 31 July 2022	448,179	8,156	14,227	1,786	472,348
	------------	------------	------------	------------	------------

6. Investments

	Other investments other than loans
	£
Cost
At 1 August 2022	252,048
Additions	77,607
Disposals	( 40,416)
Revaluations	12,121
	------------
At 31 July 2023	301,360
	------------
Impairment
At 1 August 2022 and 31 July 2023	–
	------------

Carrying amount
At 31 July 2023	301,360
	------------
At 31 July 2022	252,048
	------------

7. Debtors

	2023	2022
	£	£
Trade debtors	36,907	39,012
Prepayments and accrued income	3,560	3,203
Other debtors	–	1,000
	------------	------------
	40,467	43,215
	------------	------------

8. Investments

	2023	2022
	£	£
Investment plans	127,789	125,105
Gold bullion	9,936	9,936
	------------	------------
	137,725	135,041
	------------	------------

9. Creditors: amounts falling due within one year

	2023	2022
	£	£
Trade creditors	836	942
Accruals and deferred income	22,598	3,500
Corporation tax	17,515	43,031
Social security and other taxes	25,162	26,020
Obligations under finance leases and hire purchase contracts	10,473	–
Shareholder loan account	87,212	69,910
	------------	------------
	163,796	143,403
	------------	------------

10. Creditors: amounts falling due after more than one year

	2023	2022
	£	£
Obligations under finance leases and hire purchase contracts	15,710	–
	------------	------------

11. Secured indebtedness

The aggregate amount of secured liabilities at the year end totalled £26,183 (2022: £Nil).

12. Provisions

	Deferred tax (note 13)
	£
At 1 August 2022	4,592
Charge against provision	867
	------------
At 31 July 2023	5,459
	------------

13. Deferred tax

The deferred tax included in the balance sheet is as follows:

	2023	2022
	£	£
Included in provisions (note 12)	5,459	4,592
	------------	------------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2023	2022
	£	£
Accelerated capital allowances	5,459	4,592
	------------	------------

14. Called up share capital

Issued, called up and fully paid

	2023		2022
	No.	£	No.	£
'A' Ordinary shares of £ 1 each	100	100	100	100
'B' Ordinary shares of £ 1 each	30	30	30	30
'C' Ordinary shares of £ 1 each	10	10	10	10
'D' Ordinary shares of £ 1 each	10	10	10	10
	------------	------------	------------	------------
	150	150	150	150
	------------	------------	------------	------------

The four categories of shares rank pari passu subject to the following restrictions, and save as for dividends: The 'B' ordinary shares of £1 each, 'C' ordinary share of £1 and the 'D' ordinary share of £1 shall not confer on the holders thereof the right to vote upon any resolution proposed at the general meeting of the company.

15. Related party transactions

The shareholder loan account of £87,212 (2022: £69,910) set out at note 11 above is unsecured, repayable on demand and bears interest at a commercial rate. The company is controlled by P Johnson .