Company registration number 06615794 (England and Wales)
DANIEL TODD LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
DANIEL TODD LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DANIEL TODD LTD (REGISTERED NUMBER: 06615794)
BALANCE SHEET
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,803
2,705
Current assets
Cash at bank and in hand
63,506
45,608
Creditors: amounts falling due within one year
4
(7,800)
(7,668)
Net current assets
55,706
37,940
Net assets
57,509
40,645
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
56,509
39,645
Total equity
57,509
40,645
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 17 October 2023
Mr Daniel Todd
Director
DANIEL TODD LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information
Daniel Todd Ltd is a private company limited by shares incorporated in England and Wales. The registered office is , 59 Bulstrode Way, Gerrards Cross, Buckinghamshire, SL9 7QT.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of busines.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
reducing balance 33.3%
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Taxation
The tax expense represents the sum of the tax currently payable.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
DANIEL TODD LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2022 and 30 June 2023
17,909
Depreciation and impairment
At 1 July 2022
15,204
Depreciation charged in the year
902
At 30 June 2023
16,106
Carrying amount
At 30 June 2023
1,803
At 30 June 2022
2,705
4
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
4,167
4,971
Other creditors
3,633
2,697
7,800
7,668