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REGISTERED NUMBER: 13875887 (England and Wales)


















D N INTERIORS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

27 JANUARY 2022 TO 31 DECEMBER 2022






D N INTERIORS LIMITED (REGISTERED NUMBER: 13875887)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 JANUARY 2022 TO 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


D N INTERIORS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 27 JANUARY 2022 TO 31 DECEMBER 2022







DIRECTORS: Ms A Worgan
C J Sykes





REGISTERED OFFICE: Unit 3 Ynyshir Industrial Estate
Llanwonno Road
Porth
CF39 0HU





REGISTERED NUMBER: 13875887 (England and Wales)





ACCOUNTANTS: MHA
Chartered Accountants
3 New Mill Court
Swansea Enterprise Park
Swansea
SA7 9FG

D N INTERIORS LIMITED (REGISTERED NUMBER: 13875887)

BALANCE SHEET
31 DECEMBER 2022

Notes £    £   
FIXED ASSETS
Investments 4 2,651,609

CURRENT ASSETS
Debtors 5 13,301

CREDITORS
Amounts falling due within one year 6 1,820,678
NET CURRENT LIABILITIES (1,807,377 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

844,232

CREDITORS
Amounts falling due after more than one
year

7

694,831
NET ASSETS 149,401

CAPITAL AND RESERVES
Called up share capital 3,750
Share premium 196,250
Retained earnings (50,599 )
149,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

D N INTERIORS LIMITED (REGISTERED NUMBER: 13875887)

BALANCE SHEET - continued
31 DECEMBER 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by:





Ms A Worgan - Director


D N INTERIORS LIMITED (REGISTERED NUMBER: 13875887)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 JANUARY 2022 TO 31 DECEMBER 2022


1. STATUTORY INFORMATION

D N Interiors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Monetary amounts in these financial statements are rounded to nearest £.

The principal accounting policies are set out below.

Preparation of consolidated financial statements
The financial statements contain information about D N Interiors Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any impairment of the investment.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


D N INTERIORS LIMITED (REGISTERED NUMBER: 13875887)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 JANUARY 2022 TO 31 DECEMBER 2022


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

The directors have reviewed the balance sheet and the company's likely future cash flows.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources in place to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 2,651,609
At 31 December 2022 2,651,609
NET BOOK VALUE
At 31 December 2022 2,651,609

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 13,301

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 99,327
Amounts owed to group undertakings 1,617,714
Other creditors 103,637
1,820,678

D N INTERIORS LIMITED (REGISTERED NUMBER: 13875887)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 JANUARY 2022 TO 31 DECEMBER 2022


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 494,831
Other creditors 200,000
694,831

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 594,158