Shield Alf Dagger 11211464 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is management of a public house Digita Accounts Production Advanced 6.30.9574.0 true 11211464 2022-03-01 2023-02-28 11211464 2023-02-28 11211464 bus:OrdinaryShareClass1 2023-02-28 11211464 core:CurrentFinancialInstruments 2023-02-28 11211464 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 11211464 core:FurnitureFittingsToolsEquipment 2023-02-28 11211464 bus:SmallEntities 2022-03-01 2023-02-28 11211464 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 11211464 bus:FullAccounts 2022-03-01 2023-02-28 11211464 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 11211464 bus:RegisteredOffice 2022-03-01 2023-02-28 11211464 bus:Director1 2022-03-01 2023-02-28 11211464 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 11211464 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 11211464 core:OfficeEquipment 2022-03-01 2023-02-28 11211464 countries:EnglandWales 2022-03-01 2023-02-28 11211464 2022-02-28 11211464 core:FurnitureFittingsToolsEquipment 2022-02-28 11211464 2021-03-01 2022-02-28 11211464 2022-02-28 11211464 bus:OrdinaryShareClass1 2022-02-28 11211464 core:CurrentFinancialInstruments 2022-02-28 11211464 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11211464

Shield Alf Dagger

trading as Shield and Dagger

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2023

 

Shield Alf Dagger

trading as Shield and Dagger

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Shield Alf Dagger

trading as Shield and Dagger

Company Information

Director

A Fear

Registered office

4-6 The Stable Block Courtyard
Leigh Court Business Centre
Bristol
BS8 3RA

Accountants

Herbert Lewis Williams & Associates Limited
Chartered Certified Accountants
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

 

Shield Alf Dagger

trading as Shield and Dagger

(Registration number: 11211464)
Balance Sheet as at 28 February 2023

Note

2023
£

2022
£

Current assets

 

Debtors

5

1,875

-

Cash at bank and in hand

 

3,570

1,547

 

5,445

1,547

Creditors: Amounts falling due within one year

6

(5,035)

(6,935)

Net assets/(liabilities)

 

410

(5,388)

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

409

(5,389)

Shareholders' funds/(deficit)

 

410

(5,388)

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 22 November 2023
 

.........................................
A Fear
Director

 

Shield Alf Dagger

trading as Shield and Dagger

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4-6 The Stable Block Courtyard
Leigh Court Business Centre
Bristol
BS8 3RA

These financial statements were authorised for issue by the director on 22 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Shield Alf Dagger

trading as Shield and Dagger

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Shield Alf Dagger

trading as Shield and Dagger

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2022 - 6).

 

Shield Alf Dagger

trading as Shield and Dagger

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 March 2022

244

244

At 28 February 2023

244

244

Depreciation

At 1 March 2022

244

244

At 28 February 2023

244

244

Carrying amount

At 28 February 2023

-

-

5

Debtors

Current

2023
£

2022
£

Other debtors

1,875

-

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

3,860

1,153

Other creditors

1,175

5,782

5,035

6,935

 

Shield Alf Dagger

trading as Shield and Dagger

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1