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Company Registration No. 09247902 (England and Wales)
Dr Ben Coyle Ltd Unaudited accounts for the year ended 31 March 2023
Dr Ben Coyle Ltd Unaudited accounts Contents
Page
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Dr Ben Coyle Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,271 
2,539 
Current assets
Debtors
20,363 
14,173 
Cash at bank and in hand
67,487 
44,514 
87,850 
58,687 
Creditors: amounts falling due within one year
(21,368)
(5,774)
Net current assets
66,482 
52,913 
Net assets
67,753 
55,452 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
67,733 
55,432 
Shareholders' funds
67,753 
55,452 
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 31 October 2023 and were signed on its behalf by
Dr JB Coyle Director Company Registration No. 09247902
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Dr Ben Coyle Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Dr Ben Coyle Ltd is a private company, limited by shares, registered in England and Wales, registration number 09247902. The registered office is 13 Goldhill Road, Leicester, LE2 3LE.
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, for services provided in the normal course of business excluding discounts, rebates, value added tax and other sales taxes.
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
33.3% Straight Line
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Dr Ben Coyle Ltd Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
10,763 
At 31 March 2023
10,763 
Depreciation
At 1 April 2022
8,224 
Charge for the year
1,268 
At 31 March 2023
9,492 
Net book value
At 31 March 2023
1,271 
At 31 March 2022
2,539 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,950 
5,910 
Other debtors
9,413 
8,263 
20,363 
14,173 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
872 
231 
Taxes and social security
5,857 
3,721 
Other creditors
12,545 
722 
Accruals
2,094 
1,100 
21,368 
5,774 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20 
20 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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