4 false false false false false false false false false true false false false false false false No description of principal activity 2022-05-01 Sage Accounts Production Advanced 2021 - FRS102_2021 2,843 1,809 207 2,016 827 1,034 xbrli:pure xbrli:shares iso4217:GBP 08524935 2022-05-01 2023-04-30 08524935 2023-04-30 08524935 2022-04-30 08524935 2021-05-01 2022-04-30 08524935 2022-04-30 08524935 bus:Director3 2022-05-01 2023-04-30 08524935 core:FurnitureFittings 2022-04-30 08524935 core:FurnitureFittings 2023-04-30 08524935 core:WithinOneYear 2023-04-30 08524935 core:WithinOneYear 2022-04-30 08524935 core:ShareCapital 2023-04-30 08524935 core:ShareCapital 2022-04-30 08524935 core:SharePremium 2023-04-30 08524935 core:SharePremium 2022-04-30 08524935 core:RetainedEarningsAccumulatedLosses 2023-04-30 08524935 core:RetainedEarningsAccumulatedLosses 2022-04-30 08524935 core:FurnitureFittings 2022-05-01 2023-04-30 08524935 core:AcceleratedTaxDepreciationDeferredTax 2023-04-30 08524935 core:AcceleratedTaxDepreciationDeferredTax 2022-04-30 08524935 core:FurnitureFittings 2022-04-30 08524935 bus:SmallEntities 2022-05-01 2023-04-30 08524935 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 08524935 bus:FullAccounts 2022-05-01 2023-04-30 08524935 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 08524935 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 08524935 bus:Director3 2023-04-30
COMPANY REGISTRATION NUMBER: 08524935
DABLA Limited
Filleted Unaudited Financial Statements
For the year ended
30 April 2023
DABLA Limited
Statement of Financial Position
30 April 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
827
1,034
Current assets
Stocks
7,236
7,236
Debtors
6
43,773
371,481
Cash at bank and in hand
3,371,946
3,178,911
------------
------------
3,422,955
3,557,628
Creditors: amounts falling due within one year
7
9,636
128,373
------------
------------
Net current assets
3,413,319
3,429,255
------------
------------
Total assets less current liabilities
3,414,146
3,430,289
Provisions
Taxation including deferred tax
157
196
------------
------------
Net assets
3,413,989
3,430,093
------------
------------
Capital and reserves
Called up share capital
200
200
Share premium account
1,035,080
1,035,080
Profit and loss account
2,378,709
2,394,813
------------
------------
Shareholders funds
3,413,989
3,430,093
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
DABLA Limited
Statement of Financial Position (continued)
30 April 2023
These financial statements were approved by the board of directors and authorised for issue on 3 November 2023 , and are signed on behalf of the board by:
D H Barford Director
Company registration number: 08524935
DABLA Limited
Notes to the Financial Statements
Year ended 30 April 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, MK44 3BZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements are prepared on a break up basis in line with the directors intention to liquidate the company within the foreseeable future.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered and goods and property supplied, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office furniture and equipment
-
20% per annum reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution pension plans
Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 4 ).
5. Tangible assets
Office furniture and equipment
£
Cost
At 1 May 2022 and 30 April 2023
2,843
-------
Depreciation
At 1 May 2022
1,809
Charge for the year
207
-------
At 30 April 2023
2,016
-------
Carrying amount
At 30 April 2023
827
-------
At 30 April 2022
1,034
-------
6. Debtors
2023
2022
£
£
Trade debtors
27,591
341
Other debtors
16,182
371,140
--------
---------
43,773
371,481
--------
---------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
539
349
Social security and other taxes
6,102
124,384
Other creditors
2,995
3,640
-------
---------
9,636
128,373
-------
---------
8. Deferred tax
The deferred tax included in the statement of financial position is as follows:
2023
2022
£
£
Included in provisions
157
196
----
----
The deferred tax account consists of the tax effect of timing differences in respect of:
2023
2022
£
£
Accelerated capital allowances
157
196
----
----
9. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
Balance brought forward Advances to the directors Amounts repaid Balance outstanding
£ £ £ £
Director A 978 1,973 978 1,973
---- ------- ---- -------
During the comparative year the directors entered into the following advances and credits with the company:
Balance brought forward Advances to the directors Amounts repaid Balance outstanding
£ £ £ £
Director A 950 978 950 978
Director B 60 60
------- ---- ------- ----
1,010 978 (1,010) 978
------- ---- ------- ----