Company Registration No. 13282818 (England and Wales)
Daniel Paul Joinery Limited
Unaudited accounts
for the year ended 31 March 2023
Daniel Paul Joinery Limited
Unaudited accounts
Contents
Daniel Paul Joinery Limited
Company Information
for the year ended 31 March 2023
Company Number
13282818 (England and Wales)
Registered Office
Unit 2b Halliwell Mill
Bertha Street
Bolton
BL1 8AH
Accountants
J F Balshaw & Co
20 Old Kiln Lane
Heaton
Bolton
Lancashire
BL1 5PD
Daniel Paul Joinery Limited
Statement of financial position
as at 31 March 2023
Tangible assets
79,717
1,073
Cash at bank and in hand
5,007
1,070
Creditors: amounts falling due within one year
(55,937)
(11,272)
Net current (liabilities)/assets
(44,627)
5,597
Total assets less current liabilities
35,090
6,670
Creditors: amounts falling due after more than one year
(73,593)
(6,667)
Net (liabilities)/assets
(38,503)
3
Called up share capital
1
1
Profit and loss account
(38,504)
2
Shareholders' funds
(38,503)
3
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 November 2023 and were signed on its behalf by
Daniel Holland
Director
Company Registration No. 13282818
Daniel Paul Joinery Limited
Notes to the Accounts
for the year ended 31 March 2023
Daniel Paul Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 13282818. The registered office is Unit 2b Halliwell Mill, Bertha Street, Bolton, BL1 8AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
1,431
-
-
1,431
Additions
69,396
35,497
323
105,216
At 31 March 2023
70,827
35,497
323
106,647
At 1 April 2022
358
-
-
358
Charge for the year
17,617
8,874
81
26,572
At 31 March 2023
17,975
8,874
81
26,930
At 31 March 2023
52,852
26,623
242
79,717
At 31 March 2022
1,073
-
-
1,073
Daniel Paul Joinery Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,000
2,000
Obligations under finance leases and hire purchase contracts
20,454
-
Trade creditors
14,205
8,772
Loans from directors
16,422
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
68,926
-
8
Transactions with related parties
The company owed a balance of £16,422 to the director, Mr D Holland. At the end of the previous year the director owed a balance of £4,795 to the company which was repaid within 9 months of the year end date.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).