Deightonwood (2) Limited |
Registered number: |
10169043 |
Balance Sheet |
as at 28 February 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Debtors |
3 |
|
844,248 |
|
|
841,458 |
Cash at bank and in hand |
|
|
49 |
|
|
1,853 |
|
|
|
844,297 |
|
|
843,311 |
|
Creditors: amounts falling due within one year |
4 |
|
(387,154) |
|
|
(388,335) |
|
Net current assets |
|
|
|
457,143 |
|
|
454,976 |
|
Total assets less current liabilities |
|
|
|
457,143 |
|
|
454,976 |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(16,591) |
|
|
(23,457) |
|
|
|
Net assets |
|
|
|
440,552 |
|
|
431,519 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
90 |
|
|
90 |
Profit and loss account |
|
|
|
440,462 |
|
|
431,429 |
|
Shareholders' funds |
|
|
|
440,552 |
|
|
431,519 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
I Oakes |
Director |
Approved by the board on 26 September 2023 |
|
Deightonwood (2) Limited |
Notes to the Accounts |
for the year ended 28 February 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Debtors and creditors |
|
All debtors and creditors, including loans and other financial assets / liabilities, are measured at transaction price. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Amounts owed by connected companies |
844,160 |
|
841,370 |
|
Other debtors |
88 |
|
88 |
|
|
|
|
|
|
844,248 |
|
841,458 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans and overdrafts |
6,866 |
|
6,866 |
|
Director's loan |
330,016 |
|
330,016 |
|
Taxation and social security costs |
4,842 |
|
17,625 |
|
Other creditors |
45,430 |
|
33,828 |
|
|
|
|
|
|
387,154 |
|
388,335 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans |
16,591 |
|
23,457 |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
|
|
Amount owed by connected companies Deightonwood (2) Limited ("DW2") has lent money to a) a company under common ownership and control, and b) to its subsidiary company. The total amount owed to DW2 at the balance sheet date is disclosed in note 3 above and the balances outstanding attract a commercial rate of interest (which stands as income for DW2). |
|
Director's loan DW2 has borrowed money from one of its directors. The amount owed at the balance sheet date is disclosed in note 4 above and this balance outstanding attracts a commercial rate of interest (which stands as a cost for DW2). |
|
|
7 |
Controlling party |
|
|
There is no one party which is in overall control of the company. |
|
|
8 |
Other information |
|
|
Deightonwood (2) Limited is a private company limited by shares and incorporated in England. The registered office is situated at Clivewood Farm, Wem Road, Clive, Shrewsbury, SY4 5PR. |