Company registration number 11196410 (England and Wales)
DR C. DIPPER LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
DR C. DIPPER LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
DR C. DIPPER LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
706
154
Current assets
Debtors
4
3,978
17,794
Cash at bank and in hand
82
3,633
4,060
21,427
Creditors: amounts falling due within one year
5
(4,584)
(21,339)
Net current (liabilities)/assets
(524)
88
Total assets less current liabilities
182
242
Provisions for liabilities
(177)
(39)
Net assets
5
203
Capital and reserves
Called up share capital
6
2
2
Profit and loss reserves
3
201
Total equity
5
203

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on
02 October 2023
02 October 2023
and are signed on its behalf by:
Dr Christian Dipper
Director
Company registration number 11196410 (England and Wales)
DR C. DIPPER LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 2 -
1
Accounting policies
Company information

Dr C. Dipper Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 13 High Street, Gosforth, Newcastle Upon Tyne, NE3 4AD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computer equipment
33% straight line
1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

DR C. DIPPER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Total
2
2
DR C. DIPPER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 4 -
3
Tangible fixed assets
Fixtures and fittings
Computer equipment
Total
£
£
£
Cost
At 1 March 2022
225
-
0
225
Additions
-
0
848
848
At 28 February 2023
225
848
1,073
Depreciation
At 1 March 2022
71
-
0
71
Depreciation charged in the year
39
257
296
At 28 February 2023
110
257
367
Carrying amount
At 28 February 2023
115
591
706
At 28 February 2022
154
-
0
154
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
-
0
11,416
Other debtors
3,978
6,378
3,978
17,794
5
Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
2,544
19,299
Other creditors
2,040
2,040
4,584
21,339
DR C. DIPPER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 5 -
6
Called up share capital
2023
2022
Ordinary share capital
£
£
Issued and not fully paid
1 ordinary share of £1 each
1
1
1 ordinary A share of £1 each
1
1
2
2
7
Related party transactions

The following amounts were outstanding at the reporting end date:

2023
2022
Amounts due from related parties
£
£
Directors
3,976
6,376

There are no set terms as to repayment of this balance and no interest accruing thereon.

2023-02-282022-03-01false02 October 2023CCH SoftwareCCH Accounts Production 2023.200No description of principal activityDr Christian DipperDr Claire Dipper111964102022-03-012023-02-28111964102023-02-28111964102022-02-2811196410core:FurnitureFittings2023-02-2811196410core:ComputerEquipment2023-02-2811196410core:FurnitureFittings2022-02-2811196410core:ComputerEquipment2022-02-2811196410core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2811196410core:CurrentFinancialInstrumentscore:WithinOneYear2022-02-2811196410core:CurrentFinancialInstruments2023-02-2811196410core:CurrentFinancialInstruments2022-02-2811196410core:ShareCapital2023-02-2811196410core:ShareCapital2022-02-2811196410core:RetainedEarningsAccumulatedLosses2023-02-2811196410core:RetainedEarningsAccumulatedLosses2022-02-2811196410core:ShareCapitalOrdinaryShares2023-02-2811196410core:ShareCapitalOrdinaryShares2022-02-2811196410bus:Director12022-03-012023-02-2811196410core:FurnitureFittings2022-03-012023-02-2811196410core:ComputerEquipment2022-03-012023-02-28111964102021-03-012022-02-2811196410core:FurnitureFittings2022-02-2811196410core:ComputerEquipment2022-02-28111964102022-02-2811196410core:WithinOneYear2023-02-2811196410core:WithinOneYear2022-02-2811196410bus:PrivateLimitedCompanyLtd2022-03-012023-02-2811196410bus:SmallCompaniesRegimeForAccounts2022-03-012023-02-2811196410bus:FRS1022022-03-012023-02-2811196410bus:AuditExemptWithAccountantsReport2022-03-012023-02-2811196410bus:Director22022-03-012023-02-2811196410bus:FullAccounts2022-03-012023-02-28xbrli:purexbrli:sharesiso4217:GBP