Silverfin false 31/03/2023 01/04/2022 31/03/2023 A W Fortescue 01/04/2023 12/09/2012 S N Fowler 12/09/2012 14 June 2023 The principal activity of the company during the year was the management of rental properties. 08211378 2023-03-31 08211378 bus:Director1 2023-03-31 08211378 bus:Director2 2023-03-31 08211378 core:CurrentFinancialInstruments 2023-03-31 08211378 core:CurrentFinancialInstruments 2022-03-31 08211378 2022-03-31 08211378 core:ShareCapital 2023-03-31 08211378 core:ShareCapital 2022-03-31 08211378 core:RetainedEarningsAccumulatedLosses 2023-03-31 08211378 core:RetainedEarningsAccumulatedLosses 2022-03-31 08211378 2022-04-01 2023-03-31 08211378 bus:FullAccounts 2022-04-01 2023-03-31 08211378 bus:SmallEntities 2022-04-01 2023-03-31 08211378 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08211378 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08211378 bus:Director1 2022-04-01 2023-03-31 08211378 bus:Director2 2022-04-01 2023-03-31 08211378 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Company No: 08211378 (England and Wales)

ASSIST DD LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

ASSIST DD LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

ASSIST DD LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
ASSIST DD LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTOR S N Fowler
SECRETARY H Fowler
REGISTERED OFFICE The Old Dairy
Fonthill Bishop
Salisbury
SP3 5SH
United Kingdom
COMPANY NUMBER 08211378 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Hitchcock House
Hilltop Park
Devizes Road
Salisbury
Wiltshire SP3 4UF
ASSIST DD LIMITED

BALANCE SHEET

As at 31 March 2023
ASSIST DD LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
2023 2022
£ £
Current assets
Debtors 3 3,643 6,835
Cash at bank and in hand 20,464 14,302
24,107 21,137
Creditors: amounts falling due within one year 4, 5 ( 14,908) ( 12,232)
Net current assets 9,199 8,905
Total assets less current liabilities 9,199 8,905
Net assets 9,199 8,905
Capital and reserves
Called-up share capital 100 100
Profit and loss account 9,099 8,805
Total shareholders' funds 9,199 8,905

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Assist DD Limited (registered number: 08211378) were approved and authorised for issue by the Director on 14 June 2023. They were signed on its behalf by:

S N Fowler
Director
ASSIST DD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
ASSIST DD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Assist DD Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Old Dairy, Fonthill Bishop, Salisbury, SP3 5SH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 4 4

3. Debtors

2023 2022
£ £
Trade debtors 3,643 4,201
Other debtors 0 2,634
3,643 6,835

4. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 594 1,081
Corporation tax 7,764 6,517
Other taxation and social security 3,934 3,284
Other creditors 2,616 1,350
14,908 12,232

5. Related party transactions

Transactions with Directors - Mr A W Fortescue

2023 2022
£ £
Balance brought forward 1,585 9,756
Advances to directors 14,843 16,829
Repayments by director (16,428) (25,000)
Balance carried forward 0 1,585

Transactions with Directors - Mr S N Fowler

2023 2022
£ £
Balance brought forward 1,049 8,257
Advances to directors 15,354 17,792
Repayments by director (16,403) (25,000)
Balance carried forward 0 1,049

Interest is charged as an official rate, loans are repayable on demand.

Summary of transactions with other related parties

Rural Vision Limited
During the year income of £50,737.28 (2022: £44,760.98) was received from Rural Vision Limited (a company in which Mr A W Fortescue and Mr S N Fowler are both shareholders and directors).