Company Registration No. 12209759 (England and Wales)
D & G SEDDON LTD
Unaudited accounts
for the year ended 30 September 2021
D & G SEDDON LTD
Unaudited accounts
Contents
D & G SEDDON LTD
Company Information
for the year ended 30 September 2021
Directors
Daniel Richard Seddon
Gemma Greenwood
Company Number
12209759 (England and Wales)
Registered Office
BAY HORSE INN 161 KEIGHLEY ROAD
COWLING
KEIGHLEY
WEST YORKSHIRE
BD22 0AH
UNITED KINGDOM
Accountants
Goodbooks (Skipton) Ltd
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
D & G SEDDON LTD
Statement of financial position
as at 30 September 2021
Tangible assets
15,086
5,430
Cash at bank and in hand
8,562
-
Creditors: amounts falling due within one year
(20,781)
(10,738)
Net current assets
20,169
610
Total assets less current liabilities
35,255
6,040
Creditors: amounts falling due after more than one year
(30,000)
-
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
5,253
5,006
Shareholders' funds
5,255
5,008
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 3 September 2022 and were signed on its behalf by
Daniel Richard Seddon
Director
Company Registration No. 12209759
D & G SEDDON LTD
Notes to the Accounts
for the year ended 30 September 2021
D & G SEDDON LTD is a private company, limited by shares, registered in England and Wales, registration number 12209759. The registered office is BAY HORSE INN 161 KEIGHLEY ROAD, COWLING, KEIGHLEY, WEST YORKSHIRE, BD22 0AH, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
33.33% Straight Line
Fixtures & fittings
10% Straight Line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
D & G SEDDON LTD
Notes to the Accounts
for the year ended 30 September 2021
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2020
1,348
4,364
5,712
Additions
6,135
6,340
12,475
At 30 September 2021
7,483
10,704
18,187
At 1 October 2020
151
131
282
Charge for the year
1,608
1,211
2,819
At 30 September 2021
1,759
1,342
3,101
At 30 September 2021
5,724
9,362
15,086
At 30 September 2020
1,197
4,233
5,430
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
1,922
-
Other debtors
18,966
9,848
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,150
2
Taxes and social security
361
195
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 6 (2020: 5).