IRIS Accounts Production v23.3.0.418 11217854 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112178542022-02-28112178542023-02-28112178542022-03-012023-02-28112178542021-02-28112178542021-03-012022-02-28112178542022-02-2811217854ns10:Originalns15:EnglandWales2022-03-012023-02-2811217854ns14:PoundSterlingns10:Original2022-03-012023-02-2811217854ns10:Originalns10:Director12022-03-012023-02-2811217854ns10:Original2022-03-012023-02-2811217854ns10:Original2023-02-2811217854ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2811217854ns10:Originalns10:SmallEntities2022-03-012023-02-2811217854ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2811217854ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2811217854ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2811217854ns10:Originalns10:FullAccounts2022-03-012023-02-2811217854ns10:Original2022-02-2811217854ns10:Originalns5:CurrentFinancialInstruments2023-02-2811217854ns10:Originalns5:CurrentFinancialInstruments2022-02-2811217854ns5:ShareCapitalns10:Original2023-02-2811217854ns5:ShareCapitalns10:Original2022-02-2811217854ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2811217854ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2811217854ns10:Originalns10:RegisteredOffice2022-03-012023-02-2811217854ns10:Originalns5:FurnitureFittings2022-03-012023-02-2811217854ns10:Originalns5:ComputerEquipment2022-03-012023-02-2811217854ns10:Original2021-03-012022-02-2811217854ns10:Originalns5:FurnitureFittings2022-02-2811217854ns10:Originalns5:ComputerEquipment2022-02-2811217854ns10:Original2022-02-2811217854ns10:Originalns5:FurnitureFittings2023-02-2811217854ns10:Originalns5:ComputerEquipment2023-02-2811217854ns10:Originalns5:FurnitureFittings2022-02-2811217854ns10:Originalns5:ComputerEquipment2022-02-28
REGISTERED NUMBER: 11217854 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

DNA Painter Ltd

DNA Painter Ltd (Registered number: 11217854)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


DNA Painter Ltd (Registered number: 11217854)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 5,210 4,012

Current assets
Debtors 5 5,018 2,240
Cash at bank 321,467 230,429
326,485 232,669
Creditors
Amounts falling due within one year 6 49,512 38,773
Net current assets 276,973 193,896
Total assets less current liabilities 282,183 197,908

Capital and reserves
Called up share capital 100 100
Retained earnings 282,083 197,808
Shareholders' funds 282,183 197,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

DNA Painter Ltd (Registered number: 11217854)

Balance Sheet - continued
28 February 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 August 2023 and were signed by:





J M Perl - Director


DNA Painter Ltd (Registered number: 11217854)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. Statutory information

DNA Painter Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11217854

Registered office: Unit 6 Dalston Square
London
United Kingdom
E8 3GT

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, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


DNA Painter Ltd (Registered number: 11217854)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 March 2022 265 7,307 7,572
Additions - 2,756 2,756
At 28 February 2023 265 10,063 10,328
Depreciation
At 1 March 2022 212 3,348 3,560
Charge for year 53 1,505 1,558
At 28 February 2023 265 4,853 5,118
Net book value
At 28 February 2023 - 5,210 5,210
At 28 February 2022 53 3,959 4,012

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 5,018 2,240

DNA Painter Ltd (Registered number: 11217854)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Corporation tax 45,738 36,390
VAT 1,041 720
Other creditors 758 -
Directors' current accounts 1,825 1,513
Accrued expenses 150 150
49,512 38,773

7. Ultimate controlling party

The ultimate controlling party is J M Perl.