DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Company Registration Number:
13341034 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Balance sheet

As at 31 December 2022


Notes

2022

9 months to 31 December 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 610,492 608,800
Tangible assets: 4 218,377 281,377
Investments: 5 0 450,000
Total fixed assets: 828,869 1,340,177
Current assets
Stocks: 0 0
Debtors:   128,740 20,000
Cash at bank and in hand: 2,857 75,522
Investments:   20,000 0
Total current assets: 151,597 95,522
Creditors: amounts falling due within one year:   (63,133) (509,500)
Net current assets (liabilities): 88,464 (413,978)
Total assets less current liabilities: 917,333 926,199
Total net assets (liabilities): 917,333 926,199
Capital and reserves
Called up share capital: 25,000 15,308
Share premium account: 1,522,047 1,321,792
Profit and loss account: (629,714) (410,901)
Shareholders funds: 917,333 926,199

The notes form part of these financial statements

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2023
and signed on behalf of the board by:

Name: M Barrett
Status: Director

The notes form part of these financial statements

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 9 months to 31 December 2021
Average number of employees during the period 4 2

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 608,800
Additions 1,692
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 610,492
Amortisation
At 01 January 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2022 0
Net book value
At 31 December 2022 610,492
At 31 December 2021 608,800

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 281,377
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 281,377
Depreciation
At 01 January 2022 0
Charge for year 0
On disposals 0
Other adjustments 63,000
At 31 December 2022 63,000
Net book value
At 31 December 2022 218,377
At 31 December 2021 281,377

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Fixed investments

These investments relate to the establishment costs of manufacturing processes.

DISTRIBUTION PRODUCTS (INTERNATIONAL) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Changes in presentation and prior period adjustments

The company wrote of £92,000 due to delayed and cancellation of proposed stock exchange listing.