1 February 2022 false No description of principal activity Taxfiler 2023.9 7904104business:CompanyLimitedByGuarantee2022-02-012023-01-31 79041042022-01-31 79041042022-02-012023-01-31 7904104business:AuditExemptWithAccountantsReport2022-02-012023-01-31 7904104business:FilletedAccounts2022-02-012023-01-31 79041042023-01-31 7904104business:Director12022-02-012023-01-31 7904104business:Director22022-02-012023-01-31 7904104business:Director42022-02-012023-01-31 7904104business:CompanySecretary12022-02-012023-01-31 7904104business:RegisteredOffice2022-02-012023-01-31 79041042022-01-31 7904104core:WithinOneYear2023-01-31 7904104core:WithinOneYear2022-01-31 7904104core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 7904104core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 7904104core:PreviouslyStatedAmount2023-01-31 7904104core:PreviouslyStatedAmount2022-01-31 7904104business:SmallEntities2022-02-012023-01-31 7904104countries:EnglandWales2022-02-012023-01-31 7904104core:PlantMachinery2022-02-012023-01-31 7904104core:PlantMachinery2022-01-31 7904104core:PlantMachinery2023-01-31 79041042021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 7904104 (England and Wales)
Dilly Arts Unaudited accounts for the year ended 31 January 2023
Dilly Arts Unaudited accounts Contents
Page
- 2 -
Dilly Arts Company Information for the year ended 31 January 2023
Directors
Alison Redshaw-Boxwell Graeme Henry Redshaw-Boxwell Helen Elizabeth Stirland
Secretary
Graeme H Redshaw-Boxwell
Company Number
7904104 (England and Wales)
Registered Office
25 Beaufront Avenue Hexham Northumberland NE46 1JD
Accountants
Accounting for Good CIC The Winlaton Centre North Street Winlaton Tyne and Wear NE21 6BY
- 3 -
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of Dilly Arts (The Company) for the year ended 31 January 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 January 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 January 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. 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 financial statements.
Accounting for Good CIC Financial Accountants The Winlaton Centre North Street Winlaton Tyne and Wear NE21 6BY 3 October 2023
- 4 -
Dilly Arts Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,903 
2,854 
Current assets
Debtors
1,650 
- 
Cash at bank and in hand
4,831 
1,884 
6,481 
1,884 
Creditors: amounts falling due within one year
(8,837)
(5,008)
Net current liabilities
(2,356)
(3,124)
Total assets less current liabilities
(453)
(270)
Provisions for liabilities
Deferred tax
(362)
(542)
Net liabilities
(815)
(812)
Reserves
Profit and loss account
(815)
(812)
Members' funds
(815)
(812)
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
Alison Redshaw-Boxwell Director Company Registration No. 7904104
- 5 -
Dilly Arts Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Dilly Arts is a private company, limited by guarantee, registered in England and Wales, registration number 7904104. The registered office is 25 Beaufront Avenue, Hexham, Northumberland, NE46 1JD.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years reducing balance
Grant Funders
Grant funding received during the year The National Lottery Community Fund £1000
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2022
4,528 
At 31 January 2023
4,528 
Depreciation
At 1 February 2022
1,674 
Charge for the year
951 
At 31 January 2023
2,625 
Net book value
At 31 January 2023
1,903 
At 31 January 2022
2,854 
- 6 -
Dilly Arts Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,650 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
2,558 
2,508 
Accruals
1,479 
500 
Deferred income
4,800 
2,000 
8,837 
5,008 
7
Company limited by guarantee
The company is limited by guarantee without share capital use of 'Limited' exemption
8
Transactions with related parties
During the year, the company continued a loan amounting to £2558 from directors. No repayment date has been agreed and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 7 -