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Company Registration No. 11280299 (England and Wales)
DP Financial Solutions Ltd Unaudited accounts for the year ended 31 March 2022
DP Financial Solutions Ltd Unaudited accounts Contents
Page
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DP Financial Solutions Ltd Company Information for the year ended 31 March 2022
Director
David Philpott
Company Number
11280299 (England and Wales)
Registered Office
15 Bloomsfield Burwell Cambridge CB25 0RA United Kingdom
Accountants
Bunbury Bookkeeping Ltd 17 Bunbury Road Bury St Edmunds Suffolk IP32 6HU
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DP Financial Solutions Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
974 
1,201 
Current assets
Inventories
3,200 
2,940 
Debtors
500 
- 
Cash at bank and in hand
37,728 
32,299 
41,428 
35,239 
Creditors: amounts falling due within one year
(23,765)
(18,414)
Net current assets
17,663 
16,825 
Total assets less current liabilities
18,637 
18,026 
Provisions for liabilities
Other provisions
(185)
(228)
Net assets
18,452 
17,798 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
18,351 
17,697 
Shareholders' funds
18,452 
17,798 
For the year ending 31 March 2022 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 3 August 2022 and were signed on its behalf by
David Philpott Director Company Registration No. 11280299
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DP Financial Solutions Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
DP Financial Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11280299. The registered office is 15 Bloomsfield, Burwell, Cambridge, CB25 0RA, 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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
3 years straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised by reference to the stage of completion of the contract.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2021
824 
1,455 
2,279 
Additions
- 
497 
497 
At 31 March 2022
824 
1,952 
2,776 
Depreciation
At 1 April 2021
346 
732 
1,078 
Charge for the year
120 
604 
724 
At 31 March 2022
466 
1,336 
1,802 
Net book value
At 31 March 2022
358 
616 
974 
At 31 March 2021
478 
723 
1,201 
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DP Financial Solutions Ltd Notes to the Accounts for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other debtors
500 
- 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
2,505 
2,016 
Trade creditors
- 
697 
Taxes and social security
16,458 
13,242 
Loans from directors
4,496 
2,279 
Accruals
306 
180 
23,765 
18,414 
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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