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Company Registration No. 07196943 (England and Wales)
DIVERS UK (INTERNATIONAL) LTD Unaudited accounts for the year ended 31 March 2023
DIVERS UK (INTERNATIONAL) LTD Unaudited accounts Contents
Page
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DIVERS UK (INTERNATIONAL) LTD Company Information for the year ended 31 March 2023
Director
BARRY JOHN SHERWELL
Secretary
LAURA JAYNE SHERWELL
Company Number
07196943 (England and Wales)
Registered Office
C/O LACEY & CO. 238A LONDON ROAD WATERLOOVILLE HAMPSHIRE PO7 7HB
Accountants
LACEY & CO., ACCOUNTANTS 238A LONDON ROAD WATERLOOVILLE HAMPSHIRE PO7 7HB
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DIVERS UK (INTERNATIONAL) LTD Accountants' report
Accountants' report to the director of DIVERS UK (INTERNATIONAL) LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DIVERS UK (INTERNATIONAL) LTD for the year ended 31 March 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of DIVERS UK (INTERNATIONAL) LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of DIVERS UK (INTERNATIONAL) LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DIVERS UK (INTERNATIONAL) LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DIVERS UK (INTERNATIONAL) LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of DIVERS UK (INTERNATIONAL) LTD. You consider that DIVERS UK (INTERNATIONAL) LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of DIVERS UK (INTERNATIONAL) LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
LACEY & CO., ACCOUNTANTS 238A LONDON ROAD WATERLOOVILLE HAMPSHIRE PO7 7HB 2 October 2023
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DIVERS UK (INTERNATIONAL) LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,479 
43,060 
Current assets
Debtors
41,276 
69,118 
Cash at bank and in hand
12,833 
13,253 
54,109 
82,371 
Creditors: amounts falling due within one year
(26,690)
(50,907)
Net current assets
27,419 
31,464 
Net assets
62,898 
74,524 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
61,898 
73,524 
Shareholders' funds
62,898 
74,524 
For the year ending 31 March 2023 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 October 2023 and were signed on its behalf by
BARRY JOHN SHERWELL Director Company Registration No. 07196943
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DIVERS UK (INTERNATIONAL) LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
DIVERS UK (INTERNATIONAL) LTD is a private company, limited by shares, registered in England and Wales, registration number 07196943. The registered office is C/O LACEY & CO., 238A LONDON ROAD, WATERLOOVILLE, HAMPSHIRE, PO7 7HB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. No depreciation is provided on asset disposal and, it is intended that depreciation at the rates stated below will write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance Method @ 25%
Motor vehicles
Reducing Balance Method @ 25%
Fixtures & fittings
Reducing Balance Method @ 25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
108,208 
42,258 
3,530 
153,996 
Additions
4,245 
- 
- 
4,245 
At 31 March 2023
112,453 
42,258 
3,530 
158,241 
Depreciation
At 1 April 2022
75,367 
32,430 
3,139 
110,936 
Charge for the year
9,271 
2,457 
98 
11,826 
At 31 March 2023
84,638 
34,887 
3,237 
122,762 
Net book value
At 31 March 2023
27,815 
7,371 
293 
35,479 
At 31 March 2022
32,841 
9,828 
391 
43,060 
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DIVERS UK (INTERNATIONAL) LTD Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
37,520 
59,954 
Other debtors
3,756 
9,164 
41,276 
69,118 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
18,500 
VAT
5,943 
10,482 
Taxes and social security
172 
891 
Other creditors
550 
1,780 
Loans from directors
16,390 
16,956 
Accruals
3,635 
2,298 
26,690 
50,907 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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