Dave Brockbank Ltd 09510806 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of the project management. Digita Accounts Production Advanced 6.30.9574.0 true 09510806 2022-04-01 2023-03-31 09510806 2023-03-31 09510806 core:CurrentFinancialInstruments 2023-03-31 09510806 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09510806 core:OtherPropertyPlantEquipment 2023-03-31 09510806 bus:SmallEntities 2022-04-01 2023-03-31 09510806 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 09510806 bus:FullAccounts 2022-04-01 2023-03-31 09510806 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 09510806 bus:RegisteredOffice 2022-04-01 2023-03-31 09510806 bus:Director1 2022-04-01 2023-03-31 09510806 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09510806 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 09510806 core:PlantMachinery 2022-04-01 2023-03-31 09510806 countries:England 2022-04-01 2023-03-31 09510806 2022-03-31 09510806 core:OtherPropertyPlantEquipment 2022-03-31 09510806 2021-04-01 2022-03-31 09510806 2022-03-31 09510806 core:CurrentFinancialInstruments 2022-03-31 09510806 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 09510806 core:OtherPropertyPlantEquipment 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 09510806

Dave Brockbank Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Dave Brockbank Ltd

(Registration number: 09510806)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

313

368

Current assets

 

Debtors

5

13,677

11,006

Cash at bank and in hand

 

1,412

2,569

 

15,089

13,575

Creditors: Amounts falling due within one year

6

(9,305)

(7,767)

Net current assets

 

5,784

5,808

Net assets

 

6,097

6,176

Capital and reserves

 

Called up share capital

10

10

Retained earnings

6,087

6,166

Shareholders' funds

 

6,097

6,176

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director for issue on 13 November 2023
 

.........................................

D I Brockbank

Director

 

Dave Brockbank Ltd

Notes to the Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
17 Foxglove Road
Stamford
Lincolnshire
PE9 4BW

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Dave Brockbank Ltd

Notes to the Financial Statements for the Year Ended 31 March 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

Dave Brockbank Ltd

Notes to the Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2022

703

703

At 31 March 2023

703

703

Depreciation

At 1 April 2022

335

335

Charge for the year

55

55

At 31 March 2023

390

390

Carrying amount

At 31 March 2023

313

313

At 31 March 2022

368

368

5

Debtors

Current

2023
£

2022
£

Trade debtors

1,182

-

Other debtors

12,495

11,006

 

13,677

11,006

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

 

9,305

7,767