Silverfin false 31/12/2021 31/12/2021 01/01/2021 Christopher James Hall 01/04/2013 15 August 2022 The principal activity of the Company during the financial year is estate agency and rental management. 07458798 2021-12-31 07458798 bus:Director1 2021-12-31 07458798 2020-12-31 07458798 core:CurrentFinancialInstruments 2021-12-31 07458798 core:CurrentFinancialInstruments 2020-12-31 07458798 core:Non-currentFinancialInstruments 2021-12-31 07458798 core:Non-currentFinancialInstruments 2020-12-31 07458798 core:ShareCapital 2021-12-31 07458798 core:ShareCapital 2020-12-31 07458798 core:RetainedEarningsAccumulatedLosses 2021-12-31 07458798 core:RetainedEarningsAccumulatedLosses 2020-12-31 07458798 core:Goodwill 2020-12-31 07458798 core:Goodwill 2021-12-31 07458798 core:Vehicles 2020-12-31 07458798 core:OfficeEquipment 2020-12-31 07458798 core:Vehicles 2021-12-31 07458798 core:OfficeEquipment 2021-12-31 07458798 2019-12-31 07458798 bus:OrdinaryShareClass1 2021-12-31 07458798 bus:OrdinaryShareClass2 2021-12-31 07458798 bus:OrdinaryShareClass3 2021-12-31 07458798 2021-01-01 2021-12-31 07458798 bus:FullAccounts 2021-01-01 2021-12-31 07458798 bus:SmallEntities 2021-01-01 2021-12-31 07458798 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 07458798 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 07458798 bus:Director1 2021-01-01 2021-12-31 07458798 core:Goodwill core:TopRangeValue 2021-01-01 2021-12-31 07458798 core:Vehicles 2021-01-01 2021-12-31 07458798 core:OfficeEquipment 2021-01-01 2021-12-31 07458798 2020-01-01 2020-12-31 07458798 core:Goodwill 2021-01-01 2021-12-31 07458798 core:Non-currentFinancialInstruments 2021-01-01 2021-12-31 07458798 bus:OrdinaryShareClass1 2021-01-01 2021-12-31 07458798 bus:OrdinaryShareClass1 2020-01-01 2020-12-31 07458798 bus:OrdinaryShareClass2 2021-01-01 2021-12-31 07458798 bus:OrdinaryShareClass2 2020-01-01 2020-12-31 07458798 bus:OrdinaryShareClass3 2021-01-01 2021-12-31 07458798 bus:OrdinaryShareClass3 2020-01-01 2020-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07458798 (England and Wales)

DART AND PARTNERS LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2021
Pages for filing with the registrar

DART AND PARTNERS LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2021

Contents

DART AND PARTNERS LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2021
DART AND PARTNERS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2021
DIRECTOR Christopher James Hall
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 07458798 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
Devon TQ2 7FF
DART AND PARTNERS LIMITED

BALANCE SHEET

As at 31 December 2021
DART AND PARTNERS LIMITED

BALANCE SHEET (continued)

As at 31 December 2021
Note 2021 2020
£ £
Fixed assets
Intangible assets 3 145,075 158,315
Tangible assets 4 99,470 12,461
244,545 170,776
Current assets
Debtors 5 14,575 62,536
Cash at bank and in hand 6 401,773 329,808
416,348 392,344
Creditors
Amounts falling due within one year 7 ( 189,765) ( 225,318)
Net current assets 226,583 167,026
Total assets less current liabilities 471,128 337,802
Creditors
Amounts falling due after more than one year 8 ( 34,727) ( 94,460)
Provisions for liabilities 9, 10 ( 24,629) ( 1,992)
Net assets 411,772 241,350
Capital and reserves
Called-up share capital 11 100 100
Profit and loss account 411,672 241,250
Total shareholders' funds 411,772 241,350

For the financial year ending 31 December 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Dart and Partners Limited (registered number: 07458798) were approved and authorised for issue by the Director on 15 August 2022. They were signed on its behalf by:

Christopher James Hall
Director
DART AND PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2021
DART AND PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2021
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dart and Partners Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue based on it’s value of the services provided to date.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill 20 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles 25 % reducing balance
Office equipment 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2021 2020
Number Number
Monthly average number of persons employed by the Company during the year, including the director 20 20

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 January 2021 264,795 264,795
At 31 December 2021 264,795 264,795
Accumulated amortisation
At 01 January 2021 106,480 106,480
Charge for the financial year 13,240 13,240
At 31 December 2021 119,720 119,720
Net book value
At 31 December 2021 145,075 145,075
At 31 December 2020 158,315 158,315

4. Tangible assets

Vehicles Office equipment Total
£ £ £
Cost
At 01 January 2021 0 48,398 48,398
Additions 90,509 2,330 92,839
At 31 December 2021 90,509 50,728 141,237
Accumulated depreciation
At 01 January 2021 0 35,937 35,937
Charge for the financial year 3,725 2,105 5,830
At 31 December 2021 3,725 38,042 41,767
Net book value
At 31 December 2021 86,784 12,686 99,470
At 31 December 2020 0 12,461 12,461

5. Debtors

2021 2020
£ £
Amounts owed by Group undertakings 473 45,054
Amounts owed by director 8,759 15,594
Prepayments 3,121 1,888
Other debtors 2,222 0
14,575 62,536

6. Cash and cash equivalents

2021 2020
£ £
Cash at bank and in hand 401,773 329,808

7. Creditors: amounts falling due within one year

2021 2020
£ £
Bank loans 10,000 6,428
Other creditors 2,295 1,898
Other loans 0 11,458
Accruals 22,569 28,300
Corporation tax 86,076 65,377
Other taxation and social security 68,825 111,857
189,765 225,318

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

2021 2020
£ £
Bank loans 34,727 94,460

There are no amounts included above in respect of which any security has been given by the small entity.

9. Provision for liabilities

2021 2020
£ £
Deferred tax 24,629 1,992

10. Deferred tax

2021 2020
£ £
At the beginning of financial year ( 1,992) ( 2,045)
(Charged)/credited to the Statement of Income and Retained Earnings ( 22,637) 53
At the end of financial year ( 24,629) ( 1,992)

11. Called-up share capital

2021 2020
£ £
Allotted, called-up and fully-paid
50 ORDINARY A shares of £ 1.00 each 50 50
25 ORDINARY B shares of £ 1.00 each 25 25
25 ORDINARY C shares of £ 1.00 each 25 25
100 100

12. Related party transactions

Transactions with the entity's director

2021 2020
£ £
Loans with directors 8,759 15,594

During the year the company advanced the director £123,165 (2020: £65,459) with total repayments from the director to the company amounting to £130,000 (2020: £74,100).