1 November 2020 false No description of principal activity Taxfiler 2022.8.3 07371537business:PrivateLimitedCompanyLtd2020-11-012021-10-31 073715372020-10-31 073715372020-11-012021-10-31 07371537business:AuditExempt-NoAccountantsReport2020-11-012021-10-31 07371537business:FullAccounts2020-11-012021-10-31 073715372021-10-31 07371537business:Director12020-11-012021-10-31 07371537business:RegisteredOffice2020-11-012021-10-31 073715372020-10-31 07371537core:WithinOneYear2021-10-31 07371537core:WithinOneYear2020-10-31 07371537core:AfterOneYear2021-10-31 07371537core:AfterOneYear2020-10-31 07371537core:ShareCapital2021-10-31 07371537core:ShareCapital2020-10-31 07371537core:CapitalRedemptionReserve2021-10-31 07371537core:CapitalRedemptionReserve2020-10-31 07371537core:RetainedEarningsAccumulatedLosses2021-10-31 07371537core:RetainedEarningsAccumulatedLosses2020-10-31 07371537business:SmallEntities2020-11-012021-10-31 07371537countries:EnglandWales2020-11-012021-10-31 07371537core:PlantMachinery2020-11-012021-10-31 07371537core:MotorVehicles2020-11-012021-10-31 07371537core:FurnitureFittings2020-11-012021-10-31 07371537core:Goodwill2020-10-31 07371537core:Goodwill2021-10-31 07371537core:Goodwill2020-11-012021-10-31 07371537core:LandBuildings2020-10-31 07371537core:PlantMachinery2020-10-31 07371537core:MotorVehicles2020-10-31 07371537core:FurnitureFittings2020-10-31 07371537core:LandBuildings2021-10-31 07371537core:PlantMachinery2021-10-31 07371537core:MotorVehicles2021-10-31 07371537core:FurnitureFittings2021-10-31 07371537core:LandBuildings2020-11-012021-10-31 073715372019-11-012020-10-31 iso4217:GBP xbrli:pure
Company Registration No. 07371537 (England and Wales)
D STEELE LTD Unaudited accounts for the year ended 31 October 2021
D STEELE LTD Unaudited accounts Contents
Page
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D STEELE LTD Company Information for the year ended 31 October 2021
Director
D Steele
Company Number
07371537 (England and Wales)
Registered Office
REGUS PETERBOROUGH ST. JOHNS STREET PETERBOROUGH PE1 5DD ENGLAND
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D STEELE LTD Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,602 
4,374 
Tangible assets
18,644 
19,068 
22,246 
23,442 
Current assets
Inventories
45,749 
31,124 
Debtors
820 
858 
Cash at bank and in hand
2,989 
16,958 
49,558 
48,940 
Creditors: amounts falling due within one year
(1,376)
(14,439)
Net current assets
48,182 
34,501 
Total assets less current liabilities
70,428 
57,943 
Creditors: amounts falling due after more than one year
(33,656)
(23,221)
Net assets
36,772 
34,722 
Capital and reserves
Called up share capital
200 
200 
Capital redemption reserve
32,099 
32,099 
Profit and loss account
4,473 
2,423 
Shareholders' funds
36,772 
34,722 
For the year ending 31 October 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 January 2022 and were signed on its behalf by
D Steele Director Company Registration No. 07371537
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D STEELE LTD Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
D STEELE LTD is a private company, limited by shares, registered in England and Wales, registration number 07371537. The registered office is REGUS PETERBOROUGH, ST. JOHNS STREET, PETERBOROUGH, PE1 5DD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2020
12,862 
At 31 October 2021
12,862 
Amortisation
At 1 November 2020
8,488 
Charge for the year
772 
At 31 October 2021
9,260 
Net book value
At 31 October 2021
3,602 
At 31 October 2020
4,374 
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D STEELE LTD Notes to the Accounts for the year ended 31 October 2021
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2020
16,952 
18,192 
5,600 
6,019 
46,763 
At 31 October 2021
16,952 
18,192 
5,600 
6,019 
46,763 
Depreciation
At 1 November 2020
- 
16,076 
5,600 
6,019 
27,695 
Charge for the year
- 
424 
- 
- 
424 
At 31 October 2021
- 
16,500 
5,600 
6,019 
28,119 
Net book value
At 31 October 2021
16,952 
1,692 
- 
- 
18,644 
At 31 October 2020
16,952 
2,116 
- 
- 
19,068 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
820 
858 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
- 
13,255 
Trade creditors
- 
859 
Taxes and social security
1,026 
1 
Accruals
350 
324 
1,376 
14,439 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Loans from directors
33,656 
23,221 
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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