PTP Accounts Production v22.2.0.402 07580142 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure075801422022-03-31075801422023-03-31075801422022-04-012023-03-31075801422021-03-31075801422021-04-012022-03-31075801422022-03-3107580142ns16:EnglandWales2022-04-012023-03-3107580142ns15:PoundSterling2022-04-012023-03-3107580142ns11:Director12022-04-012023-03-3107580142ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3107580142ns11:SmallEntities2022-04-012023-03-3107580142ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3107580142ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107580142ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3107580142ns11:FullAccounts2022-04-012023-03-310758014212022-04-012023-03-3107580142ns11:Director22022-04-012023-03-3107580142ns11:RegisteredOffice2022-04-012023-03-3107580142ns6:CurrentFinancialInstruments2023-03-3107580142ns6:CurrentFinancialInstruments2022-03-3107580142ns6:Non-currentFinancialInstruments2023-03-3107580142ns6:Non-currentFinancialInstruments2022-03-3107580142ns6:ShareCapital2023-03-3107580142ns6:ShareCapital2022-03-3107580142ns6:RetainedEarningsAccumulatedLosses2023-03-3107580142ns6:RetainedEarningsAccumulatedLosses2022-03-3107580142ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107580142ns6:LandBuildings2022-04-012023-03-3107580142ns6:PlantMachinery2022-04-012023-03-3107580142ns6:NetGoodwill2022-03-3107580142ns6:NetGoodwill2023-03-3107580142ns6:NetGoodwill2022-03-3107580142ns6:LandBuildings2022-03-3107580142ns6:PlantMachinery2022-03-3107580142ns6:LandBuildings2023-03-3107580142ns6:PlantMachinery2023-03-3107580142ns6:LandBuildings2022-03-3107580142ns6:PlantMachinery2022-03-3107580142ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3107580142ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-04-012023-03-3107580142ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2023-03-3107580142ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3107580142ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3107580142ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 07580142 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Little Dinham Limited

Little Dinham Limited (Registered number: 07580142)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Little Dinham Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M W Chaplin
Mrs C R Chaplin





REGISTERED OFFICE: St Minver
Nr Rock
Wadebridge
Cornwall
PL27 6RH





REGISTERED NUMBER: 07580142 (England and Wales)





ACCOUNTANTS: Sovereign Accounting Solutions
Chartered Accountants and Business Advisers
Unit 9
Moorland Road Industrial Park
Moorland Road, Indian Queens
St Columb
Cornwall
TR9 6FB

Little Dinham Limited (Registered number: 07580142)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,180,523 268,093
1,180,523 268,093

CURRENT ASSETS
Stocks 135,765 73,835
Debtors 6 375,461 389,555
Cash at bank 335,497 653,882
846,723 1,117,272
CREDITORS
Amounts falling due within one year 7 971,044 560,434
NET CURRENT (LIABILITIES)/ASSETS (124,321 ) 556,838
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,056,202

824,931

CREDITORS
Amounts falling due after more than one
year

8

(8,046

)

(20,103

)

PROVISIONS FOR LIABILITIES (116,755 ) (32,973 )
NET ASSETS 931,401 771,855

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 931,399 771,853
SHAREHOLDERS' FUNDS 931,401 771,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Little Dinham Limited (Registered number: 07580142)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:





M W Chaplin - Director


Little Dinham Limited (Registered number: 07580142)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Little Dinham 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - Straight line over the life of the lease
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

No depreciation has been charged in respect of freehold property and leasehold improvements as the Directors are of the opinion that there has been no diminution in value.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Little Dinham Limited (Registered number: 07580142)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 106,200
AMORTISATION
At 1 April 2022
and 31 March 2023 106,200
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 97,088 400,551 497,639
Additions 476,683 607,063 1,083,746
Disposals - (8,155 ) (8,155 )
At 31 March 2023 573,771 999,459 1,573,230
DEPRECIATION
At 1 April 2022 2,539 227,007 229,546
Charge for year 5,209 157,952 163,161
At 31 March 2023 7,748 384,959 392,707
NET BOOK VALUE
At 31 March 2023 566,023 614,500 1,180,523
At 31 March 2022 94,549 173,544 268,093

Little Dinham Limited (Registered number: 07580142)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 58,750
DEPRECIATION
Charge for year 11,750
At 31 March 2023 11,750
NET BOOK VALUE
At 31 March 2023 47,000
At 31 March 2022 58,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 375,461 389,555

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 12,054 12,051
Trade creditors 192 1,387
Taxation and social security 434 117,437
Other creditors 958,364 429,559
971,044 560,434

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 8,046 20,103