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REGISTERED NUMBER: 04811745 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

D & S HERRING LIMITED

D & S HERRING LIMITED (REGISTERED NUMBER: 04811745)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D & S HERRING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: D K Herring





SECRETARY: S E Herring





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 04811745 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

D & S HERRING LIMITED (REGISTERED NUMBER: 04811745)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,290 19,694
Tangible assets 5 1,264 1,580
16,554 21,274

CURRENT ASSETS
Stocks 55,275 53,188
Debtors 6 11,580 9,696
Cash at bank and in hand 4,225 8,434
71,080 71,318
CREDITORS
Amounts falling due within one year 7 33,804 19,884
NET CURRENT ASSETS 37,276 51,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,830

72,708

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 53,828 72,706
SHAREHOLDERS' FUNDS 53,830 72,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2023 and were signed by:



D K Herring - Director


D & S HERRING LIMITED (REGISTERED NUMBER: 04811745)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

D & S Herring Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amounts paid in connection with the acquisition of businesses in 2004 and 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Deferred taxation
Deferred taxation has been calculated but the amount involved is not significant enough to materially affect the financial statements and therefore no provision has been made.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

D & S HERRING LIMITED (REGISTERED NUMBER: 04811745)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 88,082
AMORTISATION
At 1 March 2022 68,388
Charge for year 4,404
At 28 February 2023 72,792
NET BOOK VALUE
At 28 February 2023 15,290
At 28 February 2022 19,694

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 7,082 3,152 10,234
DEPRECIATION
At 1 March 2022 6,756 1,898 8,654
Charge for year 65 251 316
At 28 February 2023 6,821 2,149 8,970
NET BOOK VALUE
At 28 February 2023 261 1,003 1,264
At 28 February 2022 326 1,254 1,580

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 5,953 -
Directors' current accounts - 5,806
Tax 3,004 1,354
Prepayments 2,623 2,536
11,580 9,696

D & S HERRING LIMITED (REGISTERED NUMBER: 04811745)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 4,646 7,806
Tax - 2,278
Social security and other taxes - 1,240
VAT 3,716 3,055
Other creditors 22 62
Director's unpaid remuneration 10,000 -
Directors' current accounts 4,833 -
Accrued expenses 10,587 5,443
33,804 19,884

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2