REGISTERED NUMBER: |
D N INTERIORS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
27 JANUARY 2022 TO 31 DECEMBER 2022 |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings | ( |
) |
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 |
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 |
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 |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
At 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Bank loans and overdrafts |
Amounts owed to group undertakings |
Other creditors |
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 |
Other creditors |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loans |