Company Registration No. 07656279 (England and Wales)
Davies & Davies Solutions Limited
Unaudited accounts
for the year ended 31 March 2023
Davies & Davies Solutions Limited
Unaudited accounts
Contents
Davies & Davies Solutions Limited
Company Information
for the year ended 31 March 2023
Directors
Mrs Sandra Davies
Mr Michael Davies
Secretary
Mrs Sandra Davies
Company Number
07656279 (England and Wales)
Registered Office
Holly House, Frog Lane
Kingsdon
Somerton
Somerset
TA11 7LL
England
Accountants
Glen Challis
Rosemary Cottage
Henley
Langport
Somerset
TA10 9BA
Davies & Davies Solutions Limited
Statement of financial position
as at 31 March 2023
Tangible assets
299,499
489,499
Cash at bank and in hand
4,403
4,180
Creditors: amounts falling due within one year
(42,280)
(252,089)
Net current liabilities
(37,877)
(247,909)
Total assets less current liabilities
261,622
241,590
Creditors: amounts falling due after more than one year
(171,145)
(151,216)
Called up share capital
100
100
Profit and loss account
90,377
90,274
Shareholders' funds
90,477
90,374
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 directors acknowledge their 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 of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
Mrs Sandra Davies
Director
Company Registration No. 07656279
Davies & Davies Solutions Limited
Notes to the Accounts
for the year ended 31 March 2023
Davies & Davies Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 07656279. The registered office is Holly House, Frog Lane, Kingsdon, Somerton, Somerset, TA11 7LL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Reducing Balance 18%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2022
489,499
1,701
491,200
Disposals
(190,000)
-
(190,000)
At 31 March 2023
299,499
1,701
301,200
At 1 April 2022
-
1,701
1,701
At 31 March 2023
-
1,701
1,701
At 31 March 2023
299,499
-
299,499
At 31 March 2022
489,499
-
489,499
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
42,279
252,088
Davies & Davies Solutions Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
171,121
149,757
Taxes and social security
24
1,459
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).