1 April 2022 false No description of principal activity Taxfiler 2023.9.1 09472613business:PrivateLimitedCompanyLtd2022-04-012023-03-31 094726132022-03-31 094726132022-04-012023-03-31 09472613business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 09472613business:FilletedAccounts2022-04-012023-03-31 094726132023-03-31 09472613business:Director12022-04-012023-03-31 09472613business:RegisteredOffice2022-04-012023-03-31 094726132022-03-31 09472613core:WithinOneYear2023-03-31 09472613core:WithinOneYear2022-03-31 09472613core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09472613core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 09472613core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09472613core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 09472613core:PreviouslyStatedAmount2023-03-31 09472613core:PreviouslyStatedAmount2022-03-31 09472613business:SmallEntities2022-04-012023-03-31 09472613countries:EnglandWales2022-04-012023-03-31 094726132021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09472613 (England and Wales)
DJ GEAR DIRECT LTD Unaudited accounts for the year ended 31 March 2023
DJ GEAR DIRECT LTD Unaudited accounts Contents
Page
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DJ GEAR DIRECT LTD Company Information for the year ended 31 March 2023
Director
Mr D Dangerfield
Company Number
09472613 (England and Wales)
Registered Office
120 WESTERN APPROACHES SOUTHEND-ON-SEA SS2 6TY ENGLAND
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DJ GEAR DIRECT LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
10,045 
14,883 
Cash at bank and in hand
16 
9 
10,061 
14,892 
Creditors: amounts falling due within one year
(9,695)
(14,631)
Net current assets
366 
261 
Net assets
366 
261 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
266 
161 
Shareholders' funds
366 
261 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 8 August 2023 and were signed on its behalf by
Mr D Dangerfield Director Company Registration No. 09472613
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DJ GEAR DIRECT LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
DJ GEAR DIRECT LTD is a private company, limited by shares, registered in England and Wales, registration number 09472613. The registered office is 120 WESTERN APPROACHES, SOUTHEND-ON-SEA, SS2 6TY, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
10,045 
14,883 
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DJ GEAR DIRECT LTD Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,131 
7,843 
Taxes and social security
1,814 
6,038 
Accruals
750 
750 
9,695 
14,631 
6
Transactions with related parties
Mr D Dangerfield is the sole directors of the company and owns 100% of the issued share capital. At the balance sheet date, Mr. D Dangerfield owed the company £10,045 (2022 - £14,883) Dividends were paid as follows:- Mr D Dangerfield £6,000 (2022-£12,500)
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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