D.B. WATKINS LIMITED

Company Registration Number:
00844716 (England and Wales)

Unaudited statutory accounts for the year ended 5 April 2023

Period of accounts

Start date: 6 April 2022

End date: 5 April 2023

D.B. WATKINS LIMITED

Contents of the Financial Statements

for the Period Ended 5 April 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

D.B. WATKINS LIMITED

Directors' report period ended 5 April 2023

The directors present their report with the financial statements of the company for the period ended 5 April 2023

Principal activities of the company

The company's principal activity is rental of equipment and the derivation of income from other investments.



Directors

The director shown below has held office during the whole of the period from
6 April 2022 to 5 April 2023

Mr R Watkins


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 October 2023

And signed on behalf of the board by:
Name: Mr R Watkins
Status: Director

D.B. WATKINS LIMITED

Profit And Loss Account

for the Period Ended 5 April 2023

2023 2022


£

£
Turnover: 1,200 1,200
Gross profit(or loss): 1,200 1,200
Administrative expenses: ( 1,228 ) ( 1,173 )
Other operating income: 14,004 47,336
Operating profit(or loss): 13,976 47,363
Profit(or loss) before tax: 13,976 47,363
Tax: ( 42 ) ( 1 )
Profit(or loss) for the financial year: 13,934 47,362

D.B. WATKINS LIMITED

Balance sheet

As at 5 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 977 1,221
Investments: 4 514,855 486,805
Total fixed assets: 515,832 488,026
Current assets
Cash at bank and in hand: 3,600 34,221
Total current assets: 3,600 34,221
Creditors: amounts falling due within one year: 5 ( 180 ) ( 729 )
Net current assets (liabilities): 3,420 33,492
Total assets less current liabilities: 519,252 521,518
Total net assets (liabilities): 519,252 521,518
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 518,252 520,518
Total Shareholders' funds: 519,252 521,518

The notes form part of these financial statements

D.B. WATKINS LIMITED

Balance sheet statements

For the year ending 5 April 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 17 October 2023
and signed on behalf of the board by:

Name: Mr R Watkins
Status: Director

The notes form part of these financial statements

D.B. WATKINS LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    A rate of 20% using the reducing balance method.

D.B. WATKINS LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 2

D.B. WATKINS LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 6 April 2022 28,053 28,053
Additions
Disposals
Revaluations
Transfers
At 5 April 2023 28,053 28,053
Depreciation
At 6 April 2022 26,832 26,832
Charge for year 244 244
On disposals
Other adjustments
At 5 April 2023 27,076 27,076
Net book value
At 5 April 2023 977 977
At 5 April 2022 1,221 1,221

D.B. WATKINS LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2023

4. Fixed assets investments note

All listed on the stock exchange.

D.B. WATKINS LIMITED

Notes to the Financial Statements

for the Period Ended 5 April 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 42 1
Accruals and deferred income 138 728
Total 180 729