IRIS Accounts Production v23.3.1.45 02180151 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021801512022-06-30021801512023-06-30021801512022-07-012023-06-30021801512021-06-30021801512021-07-012022-06-30021801512022-06-3002180151ns10:Originalns15:EnglandWales2022-07-012023-06-3002180151ns14:PoundSterlingns10:Original2022-07-012023-06-3002180151ns10:Originalns10:Director12022-07-012023-06-3002180151ns10:Original2022-07-012023-06-3002180151ns10:Original2023-06-3002180151ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3002180151ns10:Originalns10:SmallEntities2022-07-012023-06-3002180151ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3002180151ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3002180151ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3002180151ns10:Originalns10:FullAccounts2022-07-012023-06-3002180151ns10:Original12022-07-012023-06-3002180151ns10:Originalns10:Director22022-07-012023-06-3002180151ns10:Originalns10:Director32022-07-012023-06-3002180151ns10:Originalns10:Director42022-07-012023-06-3002180151ns10:Originalns10:Director52022-07-012023-06-3002180151ns10:CompanySecretary1ns10:Original2022-07-012023-06-3002180151ns10:Originalns10:RegisteredOffice2022-07-012023-06-3002180151ns10:Original2022-06-3002180151ns10:Originalns5:CurrentFinancialInstruments2023-06-3002180151ns10:Originalns5:CurrentFinancialInstruments2022-06-3002180151ns10:Originalns5:Non-currentFinancialInstruments2023-06-3002180151ns10:Originalns5:Non-currentFinancialInstruments2022-06-3002180151ns5:ShareCapitalns10:Original2023-06-3002180151ns5:ShareCapitalns10:Original2022-06-3002180151ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3002180151ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3002180151ns10:Originalns5:NetGoodwill2022-07-012023-06-3002180151ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-07-012023-06-3002180151ns10:Originalns5:LeaseholdImprovements2022-07-012023-06-3002180151ns10:Originalns5:FurnitureFittings2022-07-012023-06-3002180151ns10:Originalns5:MotorVehicles2022-07-012023-06-3002180151ns10:Originalns5:ComputerEquipment2022-07-012023-06-3002180151ns10:Original2021-07-012022-06-3002180151ns10:Originalns5:NetGoodwill2022-06-3002180151ns10:Originalns5:NetGoodwill2023-06-3002180151ns10:Originalns5:NetGoodwill2022-06-3002180151ns10:Originalns5:LeaseholdImprovements2022-06-3002180151ns10:Originalns5:FurnitureFittings2022-06-3002180151ns10:Originalns5:MotorVehicles2022-06-3002180151ns10:Originalns5:ComputerEquipment2022-06-3002180151ns10:Original2022-06-3002180151ns10:Originalns5:LeaseholdImprovements2023-06-3002180151ns10:Originalns5:FurnitureFittings2023-06-3002180151ns10:Originalns5:MotorVehicles2023-06-3002180151ns10:Originalns5:ComputerEquipment2023-06-3002180151ns10:Originalns5:LeaseholdImprovements2022-06-3002180151ns10:Originalns5:FurnitureFittings2022-06-3002180151ns10:Originalns5:MotorVehicles2022-06-3002180151ns10:Originalns5:ComputerEquipment2022-06-3002180151ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3002180151ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3002180151ns10:Originalns5:DeferredTaxation2022-06-3002180151ns10:Originalns5:DeferredTaxation2023-06-30
REGISTERED NUMBER: 02180151 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

DISKING INTERNATIONAL LIMITED

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DISKING INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: R S Smith
H J Smith
R B Smith
M R Smith
J F Balmer-Calloway





SECRETARY: H J Smith





REGISTERED OFFICE: Unit 10
Beaver Industrial Estate
Midhurst Road
Liphook
Hampshire
GU30 7EU





REGISTERED NUMBER: 02180151 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 86,670 87,181
86,670 87,181

CURRENT ASSETS
Stocks 109,000 125,220
Debtors 6 8,510 584
Cash at bank and in hand 52,045 67,871
169,555 193,675
CREDITORS
Amounts falling due within one year 7 (168,253 ) (159,249 )
NET CURRENT ASSETS 1,302 34,426
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,972

121,607

CREDITORS
Amounts falling due after more than one
year

8

(21,016

)

(16,664

)

PROVISIONS FOR LIABILITIES 9 (11,374 ) (15,483 )
NET ASSETS 55,582 89,460

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 55,482 89,360
SHAREHOLDERS' FUNDS 55,582 89,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

BALANCE SHEET - continued
30 JUNE 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 1 February 2024 and were signed on its behalf by:





M R Smith - Director


DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Disking International 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, 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 the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - over the term of the lease
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 99,000
AMORTISATION
At 1 July 2022
and 30 June 2023 99,000
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2022 24,086 6,181 96,581 17,943 144,791
Additions - 221 28,516 2,259 30,996
At 30 June 2023 24,086 6,402 125,097 20,202 175,787
DEPRECIATION
At 1 July 2022 23,552 3,479 23,749 6,830 57,610
Charge for year 534 681 24,149 6,143 31,507
At 30 June 2023 24,086 4,160 47,898 12,973 89,117
NET BOOK VALUE
At 30 June 2023 - 2,242 77,199 7,229 86,670
At 30 June 2022 534 2,702 72,832 11,113 87,181

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 90
Other debtors 8,510 494
8,510 584

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 21,633 25,220
Trade creditors 67,957 56,486
Taxation and social security 47,755 49,310
Other creditors 30,908 28,233
168,253 159,249

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 21,016 16,664

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 11,374 15,483

Deferred
tax
£   
Balance at 1 July 2022 15,483
Movement in year (4,109 )
Balance at 30 June 2023 11,374