DBC TRADING LIMITED

Company Registration Number:
10615856 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

DBC TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

DBC TRADING LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Mr D B Curtis
Registered office: Inglenook Cottage
Walton West, Little Haven
Haverfordwest
GBR
SA62 3UA
Company Registration Number: 10615856 (England and Wales)

DBC TRADING LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 13,333 16,751
Total fixed assets: 13,333 16,751
Current assets
Stocks: 7,111 12,366
Debtors: 5 873 2,200
Cash at bank and in hand: 8,434 8,910
Total current assets: 16,418 23,476
Creditors: amounts falling due within one year: 6 ( 5,845 ) ( 3,674 )
Net current assets (liabilities): 10,573 19,802
Total assets less current liabilities: 23,906 36,553
Total net assets (liabilities): 23,906 36,553

The notes form part of these financial statements

DBC TRADING LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 23,806 36,453
Shareholders funds: 23,906 36,553

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 November 2023
And Signed On Behalf Of The Board By:

Name: Mr D B Curtis
Status: Director

The notes form part of these financial statements

DBC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

    Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably

    Tangible fixed assets depreciation policy

    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:

    Plant & machinery - 10% reducing balance
    Fixtures & fittings - 10% reducing balance
    Motor vehicles - 25% reducing balance

DBC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

DBC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

DBC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £
At 01 March 2022 6,235 2,356 15,495 24,086
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 28 February 2023 6,235 2,356 15,495 24,086
Depreciation
At 01 March 2022 2,553 908 3,874 7,335
Charge for year 368 145 2,905 3,418
On disposals - - - -
Other adjustments - - - -
At 28 February 2023 2,921 1,053 6,779 10,753
Net book value
At 28 February 2023 3,314 1,303 8,716 13,333
At 28 February 2022 3,682 1,448 11,621 16,751

DBC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Other debtors 873 2,200
Total 873 2,200
Debtors due after more than one year: 0 0

DBC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 2,475 1,998
Other creditors 3,370 1,676
Total 5,845 3,674