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
DP Financial Solutions Ltd
Company Information
for the year ended 31 March 2022
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
DP Financial Solutions Ltd
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
37,728
32,299
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)
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
DP Financial Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2022
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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
3 years straight line
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
At 31 March 2022
824
1,952
2,776
At 1 April 2021
346
732
1,078
Charge for the year
120
604
724
At 31 March 2022
466
1,336
1,802
At 31 March 2022
358
616
974
At 31 March 2021
478
723
1,201
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
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
16,458
13,242
Loans from directors
4,496
2,279
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).