DUSEMOND STUDY PROGRAMMES LTD

Company Registration Number:
09843799 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

DUSEMOND STUDY PROGRAMMES LTD

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

DUSEMOND STUDY PROGRAMMES LTD

Balance sheet

As at 31 October 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 9,281 6,606
Total fixed assets: 9,281 6,606
Current assets
Stocks: 6,500 10,500
Debtors:   233,364 53,448
Cash at bank and in hand: 62,890 1,150
Total current assets: 302,754 65,098
Creditors: amounts falling due within one year: 4 (487,266) (385,719)
Net current assets (liabilities): (184,512) (320,621)
Total assets less current liabilities: (175,231) (314,015)
Creditors: amounts falling due after more than one year: 5 (46,407) (50,000)
Total net assets (liabilities): (221,638) (364,015)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (221,738) (364,115)
Shareholders funds: (221,638) (364,015)

The notes form part of these financial statements

DUSEMOND STUDY PROGRAMMES LTD

Balance sheet statements

For the year ending 31 October 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2023
and signed on behalf of the board by:

Name: R J Braun
Status: Director

The notes form part of these financial statements

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

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

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.Equipment reducing balance 25%

Valuation and information policy

StocksStocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the relatedrevenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Other accounting policies

Pension CostsThe company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. Government GrantsGovernment grants re Coronavirus Job Retention Scheme are recognised in the profit and loss account for the periodthe grant relates toOther Government grant are recognised in the profit and loss account in the period they are receive

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 11 12

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 15,850
Additions 6,148
At 31 October 2022 21,998
Depreciation
At 01 November 2021 9,244
Charge for year 3,473
At 31 October 2022 12,717
Net book value
At 31 October 2022 9,281
At 31 October 2021 6,606

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Creditors: amounts falling due within one year note

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021Directors current account - £951Directors current account - £112,587Bank loans and overdrafts £83,363 £41,952Payments received on account £65,442 £183,598Trade creditors £294,141 £18,030Other creditors £195 Accruals £41,419 £28,601 £484,560 £385,719

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Creditors: amounts falling due after more than one year note

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2022 2021 £ £Bank loans (unsecured) >1yr 46,407 50,000

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

6. Loans to directors

Name of director receiving advance or credit: R J Braun
Description of the loan: Variable loan with interest charged at the Official Rate
£
Balance at 01 November 2021 0
Advances or credits made: 50,228
Balance at 31 October 2022 50,228