Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01false33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00741888 2022-03-01 2023-02-28 00741888 2021-03-01 2022-02-28 00741888 2023-02-28 00741888 2022-02-28 00741888 c:Director2 2022-03-01 2023-02-28 00741888 d:MotorVehicles 2022-03-01 2023-02-28 00741888 d:MotorVehicles 2023-02-28 00741888 d:MotorVehicles 2022-02-28 00741888 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 00741888 d:FurnitureFittings 2022-03-01 2023-02-28 00741888 d:FurnitureFittings 2023-02-28 00741888 d:FurnitureFittings 2022-02-28 00741888 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 00741888 d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 00741888 d:CurrentFinancialInstruments 2023-02-28 00741888 d:CurrentFinancialInstruments 2022-02-28 00741888 d:Non-currentFinancialInstruments 2023-02-28 00741888 d:Non-currentFinancialInstruments 2022-02-28 00741888 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 00741888 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 00741888 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 00741888 d:Non-currentFinancialInstruments d:AfterOneYear 2022-02-28 00741888 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-02-28 00741888 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-02-28 00741888 d:ShareCapital 2023-02-28 00741888 d:ShareCapital 2022-02-28 00741888 d:RetainedEarningsAccumulatedLosses 2023-02-28 00741888 d:RetainedEarningsAccumulatedLosses 2022-02-28 00741888 c:FRS102 2022-03-01 2023-02-28 00741888 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 00741888 c:FullAccounts 2022-03-01 2023-02-28 00741888 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 00741888










DAYBROOK INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
DAYBROOK INVESTMENTS LIMITED
REGISTERED NUMBER:00741888

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
-
1,108

Current assets
  

Stocks
  
60,634
60,634

Debtors: amounts falling due within one year
 4 
76,731
77,414

Cash at bank and in hand
  
341,519
371,782

  
478,884
509,830

Creditors: amounts falling due within one year
 5 
(66,608)
(62,340)

Net current assets
  
 
 
412,276
 
 
447,490

Total assets less current liabilities
  
412,276
448,598

Creditors: amounts falling due after more than one year
 6 
(11,000)
(11,000)

  

Net assets
  
401,276
437,598


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
401,176
437,498

  
401,276
437,598


Page 1

 
DAYBROOK INVESTMENTS LIMITED
REGISTERED NUMBER:00741888
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 November 2023.




Mr M U W Ford
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
DAYBROOK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
1.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.4

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 


2.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 3

 
DAYBROOK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 March 2022
29,903
4,301
34,204


Disposals
(28,250)
-
(28,250)



At 28 February 2023

1,653
4,301
5,954



Depreciation


At 1 March 2022
28,795
4,301
33,096


Charge for the year on owned assets
1,108
-
1,108


Disposals
(28,250)
-
(28,250)



At 28 February 2023

1,653
4,301
5,954



Net book value



At 28 February 2023
-
-
-



At 28 February 2022
1,108
-
1,108

Page 4

 
DAYBROOK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Debtors

2023
2022
£
£


Trade debtors
2,845
6,133

Other debtors
33,820
30,687

Prepayments and accrued income
40,066
40,594

76,731
77,414



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
6,300
-

Other taxation and social security
283
-

Other creditors
44,857
42,160

Accruals and deferred income
15,168
20,180

66,608
62,340



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
11,000
11,000



7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Bank loans
11,000
11,000



8.


Controlling party

There is no controlling party in either year.

 
Page 5