Company Registration No. NI656652 (Northern Ireland)
Dale Kane Trailers Limited
Unaudited accounts
for the year ended 31 December 2022
Dale Kane Trailers Limited
Unaudited accounts
Contents
Dale Kane Trailers Limited
Company Information
for the year ended 31 December 2022
Directors
Dale Kane
Anthea Kane
Company Number
NI656652 (Northern Ireland)
Registered Office
8a Backaderry Road
Ballyward
Castlewellan
Down
BT31 9SL
Dale Kane Trailers Limited
Statement of financial position
as at 31 December 2022
Tangible assets
320,238
213,676
Cash at bank and in hand
412,952
141,148
Creditors: amounts falling due within one year
(208,275)
(145,224)
Net current assets
329,572
143,320
Total assets less current liabilities
649,810
356,996
Creditors: amounts falling due after more than one year
(28,285)
(47,610)
Provisions for liabilities
Deferred tax
(6,917)
(6,917)
Net assets
614,608
302,469
Called up share capital
100
100
Profit and loss account
614,508
302,369
Shareholders' funds
614,608
302,469
For the year ending 31 December 2022 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 28 April 2023 and were signed on its behalf by
Dale Kane
Director
Company Registration No. NI656652
Dale Kane Trailers Limited
Notes to the Accounts
for the year ended 31 December 2022
Dale Kane Trailers Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI656652. The registered office is 8a Backaderry Road, Ballyward, Castlewellan, Down, BT31 9SL.
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:
Plant & machinery
10% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
263,994
-
263,994
Additions
136,166
1,200
137,366
At 31 December 2022
400,160
1,200
401,360
At 1 January 2022
50,318
-
50,318
Charge for the year
30,684
120
30,804
At 31 December 2022
81,002
120
81,122
At 31 December 2022
319,158
1,080
320,238
At 31 December 2021
213,676
-
213,676
Amounts falling due within one year
Trade debtors
59,721
52,396
Dale Kane Trailers Limited
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,644
-
Trade creditors
93,174
68,225
Taxes and social security
2,164
2,375
Other creditors
(4,947)
2,712
Loans from directors
109,243
69,493
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 12 (2021: 12).