Company Registration No. 09062694 (England and Wales)
D2 ARTWORKS LIMITED
Unaudited accounts
for the year ended 31 May 2023
D2 ARTWORKS LIMITED
Unaudited accounts
Contents
D2 ARTWORKS LIMITED
Company Information
for the year ended 31 May 2023
Company Number
09062694 (England and Wales)
Registered Office
10 Montem Road
Forest Hill
London
SE23 1SA
Accountants
Heartwood Accountants Limited
103 High Street
Waltham Cross
Herts
EN87AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of D2 ARTWORKS LIMITED for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
D2 ARTWORKS LIMITED for the year ended
31 May 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of D2 ARTWORKS LIMITED, as a body, in accordance with the terms of our engagement letter dated 26 February 2020. Our work has been undertaken solely to prepare for your approval the accounts of D2 ARTWORKS LIMITED and state those matters that we have agreed to state to the Board of Directors of D2 ARTWORKS LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D2 ARTWORKS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that D2 ARTWORKS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of D2 ARTWORKS LIMITED. You consider that D2 ARTWORKS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of D2 ARTWORKS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Heartwood Accountants Limited
Chartered Accountants
103 High Street
Waltham Cross
Herts
EN87AN
13 October 2023
D2 ARTWORKS LIMITED
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
149
1,467
Creditors: amounts falling due within one year
5,590
(1,592)
Net current assets
5,739
161
Total assets less current liabilities
6,779
161
Creditors: amounts falling due after more than one year
(6,320)
-
Called up share capital
1
1
Profit and loss account
458
160
Shareholders' funds
459
161
For the year ending 31 May 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 13 October 2023 and were signed on its behalf by
Dermott Dever
Director
Company Registration No. 09062694
D2 ARTWORKS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
D2 ARTWORKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09062694. The registered office is 10 Montem Road, Forest Hill, London, SE23 1SA.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Computer equipment
20% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
D2 ARTWORKS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
116
-
Taxes and social security
6,722
1,592
Loans from directors
(12,428)
-
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
6,320
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director loan repaid withing 9 months of year end
-
12,428
-
12,428
10
Transactions with related parties
The company was under the control of Mr D. Dever throughout the current period. Mr D. Dever is personally interested in 100% of the company's share capital.
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).