Registered Number:04906396 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
D T Waller Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
D T Waller Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
128,612
114,618
2
128,612
114,618
42,816
45,715
3
Trade and other receivables |
93,143
88,427
4
2,178
Cash and cash equivalents |
10,231
144,373
138,137
Trade and other payables: amounts falling due within one |
year |
(179,857)
(227,741)
5
(41,720)
(83,368)
Net current liabilities
Total assets less current liabilities |
45,244
72,898
Trade and other payables: amounts falling due after more |
than one year |
(48,198)
(29,306)
6
15,938
Net assets
24,700
100
100
15,838
24,600
15,938
24,700
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Nathan Benjamin Waller Director |
These financial statements were approved and authorised for issue by the Board on 22 May 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
D T Waller Limited
Notes to the Financial Statements
Statutory Information
D T Waller Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 04906396. |
71 The Homend
Ledbury
Herefordshire
HR8 1BP
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 31 March 2023
D T Waller Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
318,485
10,764
66,680
47,645
112,303
81,093
33,871
227
-
25,900
7,744
-
-
-
(21,385)
-
-
(21,385)
81,093
52,160
66,680
10,991
330,971
120,047
Provision for depreciation and impairment |
203,867
8,926
63,645
31,110
100,186
-
Charge for year
15,839
516
759
9,599
4,965
-
(17,347)
-
-
(17,347)
-
-
202,359
9,442
64,404
23,362
105,151
-
81,093
14,896
28,798
2,276
1,549
128,612
81,093
12,117
16,535
3,035
1,838
114,618
2022
2023
45,715
42,816
4. Trade and other receivables |
2022
2023
53,401
53,527
35,026
39,616
93,143
88,427
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For the year ended 31 March 2023
D T Waller Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
47,999
5,431
157,579
145,693
Taxation and social security |
9,956
18,473
12,207
10,260
227,741
179,857
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
21,686
41,126
7,620
7,072
29,306
48,198
7. Average number of persons employed |
During the year the average number of employees was 17 (2022 : 18)
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