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REGISTERED NUMBER: 09482845 (England and Wales)














DUDLEY CVS ENTERPRISES LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






DUDLEY CVS ENTERPRISES LIMITED (REGISTERED NUMBER: 09482845)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DUDLEY CVS ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: M V Abrahams
A J Gray
G M Jones



REGISTERED OFFICE: 7 Albion Street
Brierley Hill
West Midlands
DY5 3EE



REGISTERED NUMBER: 09482845 (England and Wales)



AUDITORS: BK Plus Audit Limited
Azzuri House
Walsall Road
Aldridge
Walsall
West Midlands
WS9 0RB



BANKERS: National Westminster Bank Plc
Merry Hill Centre
Brierley Hill
West Midlands
DY1 1LW

DUDLEY CVS ENTERPRISES LIMITED (REGISTERED NUMBER: 09482845)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,547 15,745

CURRENT ASSETS
Stocks 9,641 10,444
Debtors 5 31,837 111,542
Cash at bank and in hand 215,884 136,599
257,362 258,585
CREDITORS
Amounts falling due within one year 6 254,600 256,569
NET CURRENT ASSETS 2,762 2,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,309

17,761

PROVISIONS FOR LIABILITIES - 3,936
NET ASSETS 13,309 13,825

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 13,209 13,725
SHAREHOLDER FUNDS 13,309 13,825

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

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 26 September 2023 and were signed on its behalf by:




A J Gray - Director



G M Jones - Director


DUDLEY CVS ENTERPRISES LIMITED (REGISTERED NUMBER: 09482845)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Dudley CVS Enterprises Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements are rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates, from the supply of refreshments, entertainment, venue hire and ancillary services. Income is recognised once the supply or service has been provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Stocks
Stocks are valued at the lower of cost on a first in first out basis and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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.

Taxable profits are donated to the the parent company by gift aid.

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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DUDLEY CVS ENTERPRISES LIMITED (REGISTERED NUMBER: 09482845)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 22 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022 39,355
Additions 2,492
At 31 March 2023 41,847
DEPRECIATION
At 1 April 2022 23,610
Charge for year 7,690
At 31 March 2023 31,300
NET BOOK VALUE
At 31 March 2023 10,547
At 31 March 2022 15,745

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,122 12,037
Amounts owed by group undertakings - 98,692
Prepayments and accrued income 24,715 813
31,837 111,542

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 29,099 23,246
Amounts owed to group undertakings 62,297 -
VAT 6,882 4,800
Accruals and deferred income 156,322 228,523
254,600 256,569

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

DUDLEY CVS ENTERPRISES LIMITED (REGISTERED NUMBER: 09482845)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Richard Haydon FCA (Senior Statutory Auditor)
for and on behalf of BK Plus Audit Limited

9. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Dudley Council for Voluntary Service, a company limited by guarantee, number 1998105 (England and Wales), and a registered charity (number 517766). Registered address 7 Albion Street, Brierley Hill, West Midlands, DY5 3EE. Dudley Council for Voluntary Service, is the parent company of the largest and smallest group and produces group accounts which include this company.

The company has taken advantage of the exemptions under FRS 102 not to disclose related party transactions.