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REGISTERED NUMBER: 06827236 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

D J B ASSOCIATES LIMITED
TRADING AS
SPE RESOURCING

D J B ASSOCIATES LIMITED (REGISTERED NUMBER: 06827236)
TRADING AS SPE RESOURCING

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D J B ASSOCIATES LIMITED
TRADING AS SPE RESOURCING

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: D L C Cornwell
Ms C Eyre





SECRETARY: D L C Cornwell





REGISTERED OFFICE: Hillside
North Road
Glossop
SK13 7AX





REGISTERED NUMBER: 06827236 (England and Wales)





ACCOUNTANTS: Michael Donnan & Co Limited
Oaktree Court Business Ctr
Mill Lane
Ness
Cheshire
CH64 8TP

D J B ASSOCIATES LIMITED (REGISTERED NUMBER: 06827236)
TRADING AS SPE RESOURCING

BALANCE SHEET
28 FEBRUARY 2023

28/2/23 28/2/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,680 4,260

CURRENT ASSETS
Debtors 5 38,897 110,983
Cash at bank 166,383 132,331
205,280 243,314
CREDITORS
Amounts falling due within one year 6 69,965 77,478
NET CURRENT ASSETS 135,315 165,836
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,995

170,096

CREDITORS
Amounts falling due after more than
one year

7

(45,556

)

(66,635

)

PROVISIONS FOR LIABILITIES (2,000 ) (1,000 )
NET ASSETS 98,439 102,461

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 98,438 102,460
SHAREHOLDERS' FUNDS 98,439 102,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

D J B ASSOCIATES LIMITED (REGISTERED NUMBER: 06827236)
TRADING AS SPE RESOURCING

BALANCE SHEET - continued
28 FEBRUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by:





D L C Cornwell - Director


D J B ASSOCIATES LIMITED (REGISTERED NUMBER: 06827236)
TRADING AS SPE RESOURCING

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

D J B Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Transactions are rounded to the nearest £.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


D J B ASSOCIATES LIMITED (REGISTERED NUMBER: 06827236)
TRADING AS SPE RESOURCING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 6,698 9,005 15,703
Additions 8,740 882 9,622
Disposals (6,699 ) (2,356 ) (9,055 )
At 28 February 2023 8,739 7,531 16,270
DEPRECIATION
At 1 March 2022 5,942 5,501 11,443
Charge for year 1,370 1,643 3,013
Eliminated on disposal (6,510 ) (2,356 ) (8,866 )
At 28 February 2023 802 4,788 5,590
NET BOOK VALUE
At 28 February 2023 7,937 2,743 10,680
At 28 February 2022 756 3,504 4,260

D J B ASSOCIATES LIMITED (REGISTERED NUMBER: 06827236)
TRADING AS SPE RESOURCING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/23 28/2/22
£    £   
Trade debtors 38,250 84,030
Other debtors - 26,339
Prepayments and accrued income 647 614
38,897 110,983

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/23 28/2/22
£    £   
Bank loans and overdrafts 19,524 19,990
Trade creditors 6,562 842
Tax 14,118 12,624
Social security and other taxes 7,106 6,889
VAT 19,479 20,136
Directors' current accounts 692 148
Accrued expenses 2,484 2,449
Deferred income - 14,400
69,965 77,478

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28/2/23 28/2/22
£    £   
Bank loans - 1-2 years 19,524 19,990
Bank loans - 2-5 years 26,032 46,645
45,556 66,635

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28/2/23 28/2/22
value: £    £   
1 Ordinary £1 1 1

D J B ASSOCIATES LIMITED (REGISTERED NUMBER: 06827236)
TRADING AS SPE RESOURCING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


9. RESERVES
Retained
earnings
£   

At 1 March 2022 102,460
Profit for the year 50,978
Dividends (55,000 )
At 28 February 2023 98,438