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REGISTERED NUMBER: 00588188 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st January 2023

for

D A (Dan) Kerr Limited

D A (Dan) Kerr Limited (Registered number: 00588188)






Contents of the Financial Statements
for the year ended 31st January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D A (Dan) Kerr Limited

Company Information
for the year ended 31st January 2023







DIRECTORS: Mr J D Kerr
Mrs J Kerr





SECRETARY: Mr J D Kerr





REGISTERED OFFICE: 91 Lancaster Road
Preston
Lancashire
PR1 2QJ





REGISTERED NUMBER: 00588188 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

D A (Dan) Kerr Limited (Registered number: 00588188)

Balance Sheet
31st January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,006 8,229
4,006 8,229

CURRENT ASSETS
Cash at bank - 12,936

CREDITORS
Amounts falling due within one year 6 23,100 35,222
NET CURRENT LIABILITIES (23,100 ) (22,286 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,094

)

(14,057

)

CREDITORS
Amounts falling due after more than one
year

7

12,100

13,778
NET LIABILITIES (31,194 ) (27,835 )

CAPITAL AND RESERVES
Called up share capital 74,000 74,000
Retained earnings (105,194 ) (101,835 )
SHAREHOLDERS' FUNDS (31,194 ) (27,835 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

D A (Dan) Kerr Limited (Registered number: 00588188)

Balance Sheet - continued
31st January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th October 2023 and were signed on its behalf by:





Mr J D Kerr - Director


D A (Dan) Kerr Limited (Registered number: 00588188)

Notes to the Financial Statements
for the year ended 31st January 2023

1. STATUTORY INFORMATION

D A (Dan) Kerr 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1994, is being amortised evenly over its estimated useful life of five years from 2018.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Straight line over 5 years
Plant and machinery etc - 25% on reducing balance

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.

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.

D A (Dan) Kerr Limited (Registered number: 00588188)

Notes to the Financial Statements - continued
for the year ended 31st January 2023

2. ACCOUNTING POLICIES - continued

Going concern
At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for the twelve months from the date of signing these financial accounts.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in the preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and provide for any further liabilities which might arise.

The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st February 2022
and 31st January 2023 53,000
AMORTISATION
At 1st February 2022
and 31st January 2023 53,000
NET BOOK VALUE
At 31st January 2023 -
At 31st January 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st February 2022
and 31st January 2023 38,670 28,183 66,853
DEPRECIATION
At 1st February 2022 30,628 27,996 58,624
Charge for year 4,176 47 4,223
At 31st January 2023 34,804 28,043 62,847
NET BOOK VALUE
At 31st January 2023 3,866 140 4,006
At 31st January 2022 8,042 187 8,229

D A (Dan) Kerr Limited (Registered number: 00588188)

Notes to the Financial Statements - continued
for the year ended 31st January 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,295 -
Trade creditors 3,729 7,665
Taxation and social security 7,015 10,544
Other creditors 10,061 17,013
23,100 35,222

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Trade creditors 12,100 13,778

8. SECURED DEBTS

The bank overdraft is secured by a fixed and floating charge over the assets of the company and by assets owned by the directors.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J D Kerr.