PTP Accounts Production v22.1.0.628 02842560 Board of Directors 1.1.22 31.12.22 31.12.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure028425602021-12-31028425602022-12-31028425602022-01-012022-12-31028425602020-12-31028425602021-01-012021-12-31028425602021-12-3102842560ns16:EnglandWales2022-01-012022-12-3102842560ns15:PoundSterling2022-01-012022-12-3102842560ns11:Director12022-01-012022-12-3102842560ns11:PrivateLimitedCompanyLtd2022-01-012022-12-3102842560ns11:SmallEntities2022-01-012022-12-3102842560ns11:AuditExempt-NoAccountantsReport2022-01-012022-12-3102842560ns11:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3102842560ns11:SmallCompaniesRegimeForAccounts2022-01-012022-12-3102842560ns11:FullAccounts2022-01-012022-12-3102842560ns11:Director22022-01-012022-12-3102842560ns11:Director32022-01-012022-12-3102842560ns11:CompanySecretary12022-01-012022-12-3102842560ns11:RegisteredOffice2022-01-012022-12-3102842560ns6:CurrentFinancialInstruments2022-12-3102842560ns6:CurrentFinancialInstruments2021-12-3102842560ns6:ShareCapital2022-12-3102842560ns6:ShareCapital2021-12-3102842560ns6:CapitalRedemptionReserve2022-12-3102842560ns6:CapitalRedemptionReserve2021-12-3102842560ns6:RetainedEarningsAccumulatedLosses2022-12-3102842560ns6:RetainedEarningsAccumulatedLosses2021-12-3102842560ns6:PlantMachinery2022-01-012022-12-3102842560ns6:MotorVehicles2022-01-012022-12-3102842560ns6:PlantMachinery2021-12-3102842560ns6:MotorVehicles2021-12-3102842560ns6:PlantMachinery2022-12-3102842560ns6:MotorVehicles2022-12-3102842560ns6:PlantMachinery2021-12-3102842560ns6:MotorVehicles2021-12-3102842560ns6:WithinOneYearns6:CurrentFinancialInstruments2022-12-3102842560ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-31
REGISTERED NUMBER: 02842560 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Dicam Technology Ltd.

Dicam Technology Ltd. (Registered number: 02842560)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dicam Technology Ltd.

Company Information
for the Year Ended 31 December 2022







DIRECTORS: M C C Nowell
H G Crabtree
Ms J M Nowell





SECRETARY: M C C Nowell





REGISTERED OFFICE: 12 Farriers Close
Stradbroke
Eye
IP21 5JF





REGISTERED NUMBER: 02842560 (England and Wales)





ACCOUNTANTS: Mark Carter Accountancy Services Ltd
65 Kennedy Avenue
Halesworth
Suffolk
IP19 8EQ

Dicam Technology Ltd. (Registered number: 02842560)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,202 40,867

CURRENT ASSETS
Debtors 5 72,659 93,892
Cash at bank and in hand 701,741 592,123
774,400 686,015
CREDITORS
Amounts falling due within one year 6 155,534 128,530
NET CURRENT ASSETS 618,866 557,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

650,068

598,352

PROVISIONS FOR LIABILITIES 5,430 7,157
NET ASSETS 644,638 591,195

CAPITAL AND RESERVES
Called up share capital 200 200
Capital redemption reserve 100 100
Retained earnings 644,338 590,895
SHAREHOLDERS' FUNDS 644,638 591,195

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

Dicam Technology Ltd. (Registered number: 02842560)

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 30 September 2023 and were signed on its behalf by:





M C C Nowell - Director


Dicam Technology Ltd. (Registered number: 02842560)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Dicam Technology Ltd. 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year 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 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.

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 year 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Dicam Technology Ltd. (Registered number: 02842560)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Turnover
The company's turnover represents the value, excluding VAT, of goods and services supplied to customers during the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 6 ) .

4. TANGIBLE FIXED ASSETS
Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 January 2022 26,365 36,500 62,865
Additions 2,623 - 2,623
Disposals (11,340 ) - (11,340 )
At 31 December 2022 17,648 36,500 54,148
DEPRECIATION
At 1 January 2022 20,477 1,521 21,998
Charge for year 2,056 8,745 10,801
Eliminated on disposal (9,853 ) - (9,853 )
At 31 December 2022 12,680 10,266 22,946
NET BOOK VALUE
At 31 December 2022 4,968 26,234 31,202
At 31 December 2021 5,888 34,979 40,867

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 36,585 41,959
Other debtors 36,074 51,933
72,659 93,892

Dicam Technology Ltd. (Registered number: 02842560)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 140 1
Taxation and social security 22,794 12,479
Other creditors 132,600 116,050
155,534 128,530