Silverfin false 31/03/2023 01/04/2022 31/03/2023 R Games 28/06/2013 A Hocking 28/06/2013 16 November 2023 The principal activity of the company during the year was the sale of pharmaceutical goods. 08588687 2023-03-31 08588687 bus:Director1 2023-03-31 08588687 bus:Director2 2023-03-31 08588687 core:CurrentFinancialInstruments 2023-03-31 08588687 core:CurrentFinancialInstruments 2022-03-31 08588687 2022-03-31 08588687 core:Non-currentFinancialInstruments 2023-03-31 08588687 core:Non-currentFinancialInstruments 2022-03-31 08588687 core:ShareCapital 2023-03-31 08588687 core:ShareCapital 2022-03-31 08588687 core:RetainedEarningsAccumulatedLosses 2023-03-31 08588687 core:RetainedEarningsAccumulatedLosses 2022-03-31 08588687 bus:OrdinaryShareClass1 2023-03-31 08588687 2022-04-01 2023-03-31 08588687 bus:FullAccounts 2022-04-01 2023-03-31 08588687 bus:SmallEntities 2022-04-01 2023-03-31 08588687 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08588687 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08588687 bus:Director1 2022-04-01 2023-03-31 08588687 bus:Director2 2022-04-01 2023-03-31 08588687 2021-04-01 2022-03-31 08588687 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 08588687 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 08588687 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08588687 (England and Wales)

DOSEGO LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

DOSEGO LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

DOSEGO LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2023
DOSEGO LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2023
Note 2023 2022
£ £
Current assets
Debtors 3 270 630
Cash at bank and in hand 7,957 6,634
8,227 7,264
Creditors: amounts falling due within one year 4 ( 16,800) ( 16,800)
Net current liabilities (8,573) (9,536)
Total assets less current liabilities (8,573) (9,536)
Creditors: amounts falling due after more than one year 5 ( 91,399) ( 91,399)
Net liabilities ( 99,972) ( 100,935)
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account ( 100,072 ) ( 101,035 )
Total shareholders' deficit ( 99,972) ( 100,935)

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.

Directors' responsibilities:

The financial statements of Dosego Limited (registered number: 08588687) were approved and authorised for issue by the Director on 16 November 2023. They were signed on its behalf by:

R Games
Director
DOSEGO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
DOSEGO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dosego Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is County House, Bayshill Road, Cheltenham, GL50 3BA, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £99,972. The Company is supported through loans from connected entities. The directors of the connected entities have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the connected entities will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Transition to FRS102

The Company has adopted FRS 102 Section 1A for the year ended 31 March 2023. The date of transition to FRS 102 Section 1A was 1 April 2021. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102 Section 1A.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Debtors

2023 2022
£ £
Trade debtors 270 630

4. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 300 300
Other creditors 16,500 16,500
16,800 16,800

5. Creditors: amounts falling due after more than one year

2023 2022
£ £
Other creditors 91,399 91,399

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100