Registered Number:10760966 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
DVS POWER TOOLS LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
DVS POWER TOOLS LTD
Statement of Financial Position
2022
2023
Property, plant and equipment |
170,663
228,671
170,663
228,671
3,427,111
2,501,274
2
Trade and other receivables |
481,789
372,608
3
7,852
Cash and cash equivalents |
913
2,874,795
3,916,752
Trade and other payables: amounts falling due within one |
year |
(2,803,442)
(2,022,793)
4
1,113,310
852,002
Net current assets
Total assets less current liabilities |
1,022,665
1,341,981
Trade and other payables: amounts falling due after more |
than one year |
(41,787)
(37,120)
5
985,545
Net assets
1,300,194
1
1
985,544
1,300,193
985,545
1,300,194
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Deyvis Bumbov Director |
These financial statements were approved and authorised for issue by the Board on 24 October 2023 and were signed by: |
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For the year ended 31 May 2023
DVS POWER TOOLS LTD
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 4
For the year ended 31 May 2023
DVS POWER TOOLS LTD
Notes to the Financial Statements
Statutory Information
DVS POWER TOOLS LTD is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 10760966. |
Unit 4 Hatch Industrial Park Greywell Road
Mapledurwell
Basingstoke
RG24 7NG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2022
2023
2,501,274
3,427,111
3. Trade and other receivables |
2022
2023
299,003
373,540
73,605
108,249
481,789
372,608
The debtors above include the following amounts falling due after more than one year: |
23,835
38,773
3 of 4
For the year ended 31 May 2023
DVS POWER TOOLS LTD
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2022
2023
597,420
1,291,781
909,527
1,132,608
Taxation and social security |
458,882
344,776
56,964
34,277
2,022,793
2,803,442
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
37,120
41,787
6. Directors advances and guarantees |
A director loan totalling £8,770 was outstanding at the end of the accounting period. The advance was repaid in the |
subsequent period. All advances were unsecured, interest-free and repayable on demand. |
7. Average number of persons employed |
During the year the average number of employees was 12 (2022 : 19)
4 of 4