IRIS Accounts Production v23.3.0.418 01111921 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011119212022-05-31011119212023-05-31011119212022-06-012023-05-31011119212021-05-31011119212021-06-012022-05-31011119212022-05-3101111921ns10:Originalns15:EnglandWales2022-06-012023-05-3101111921ns14:PoundSterlingns10:Original2022-06-012023-05-3101111921ns10:Originalns10:Director12022-06-012023-05-3101111921ns10:Original2022-06-012023-05-3101111921ns10:Original2023-05-3101111921ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3101111921ns10:Originalns10:SmallEntities2022-06-012023-05-3101111921ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3101111921ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3101111921ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3101111921ns10:Originalns10:FullAccounts2022-06-012023-05-3101111921ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3101111921ns10:Originalns10:Director22022-06-012023-05-3101111921ns10:Originalns10:Director32022-06-012023-05-3101111921ns10:Originalns10:Director42022-06-012023-05-3101111921ns10:CompanySecretary1ns10:Original2022-06-012023-05-3101111921ns10:Originalns10:RegisteredOffice2022-06-012023-05-3101111921ns10:Original2022-05-3101111921ns10:Originalns5:CurrentFinancialInstruments2023-05-3101111921ns10:Originalns5:CurrentFinancialInstruments2022-05-3101111921ns5:ShareCapitalns10:Original2023-05-3101111921ns5:ShareCapitalns10:Original2022-05-3101111921ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3101111921ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3101111921ns10:Originalns5:LeaseholdImprovements2022-06-012023-05-3101111921ns10:Originalns5:PlantMachinery2022-06-012023-05-3101111921ns10:Originalns5:FurnitureFittings2022-06-012023-05-3101111921ns10:Originalns5:MotorVehicles2022-06-012023-05-3101111921ns10:Originalns5:ComputerEquipment2022-06-012023-05-3101111921ns10:Original2021-06-012022-05-3101111921ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3101111921ns10:Originalns5:LeaseholdImprovements2022-05-3101111921ns10:Originalns5:PlantMachinery2022-05-3101111921ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-012023-05-3101111921ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-3101111921ns10:Originalns5:LeaseholdImprovements2023-05-3101111921ns10:Originalns5:PlantMachinery2023-05-3101111921ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3101111921ns10:Originalns5:LeaseholdImprovements2022-05-3101111921ns10:Originalns5:PlantMachinery2022-05-3101111921ns10:Originalns5:FurnitureFittings2022-05-3101111921ns10:Originalns5:MotorVehicles2022-05-3101111921ns10:Originalns5:ComputerEquipment2022-05-3101111921ns10:Original2022-05-3101111921ns10:Originalns5:FurnitureFittings2023-05-3101111921ns10:Originalns5:MotorVehicles2023-05-3101111921ns10:Originalns5:ComputerEquipment2023-05-3101111921ns10:Originalns5:FurnitureFittings2022-05-3101111921ns10:Originalns5:MotorVehicles2022-05-3101111921ns10:Originalns5:ComputerEquipment2022-05-3101111921ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3101111921ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3101111921ns10:Originalns10:OrdinaryShareClass12023-05-3101111921ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3101111921ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-012023-05-31
REGISTERED NUMBER: 01111921 (England and Wales)













DAWNFERN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023






DAWNFERN LIMITED (REGISTERED NUMBER: 01111921)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DAWNFERN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: Mrs F Morris
Mr S B Morris
Mr N B Morris
Mr G Morris





SECRETARY: Mr G Morris





REGISTERED OFFICE: Second Floor
34 Lime Street
London
EC3M 7AT





REGISTERED NUMBER: 01111921 (England and Wales)





ACCOUNTANTS: Sinclairs Bartrum Lerner
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

DAWNFERN LIMITED (REGISTERED NUMBER: 01111921)

STATEMENT OF FINANCIAL POSITION
31ST MAY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 702,072 78,274

CURRENT ASSETS
Stocks 134,374 99,082
Debtors 5 131,765 96,021
Cash at bank and in hand 232,594 547,087
498,733 742,190
CREDITORS
Amounts falling due within one year 6 669,967 318,337
NET CURRENT (LIABILITIES)/ASSETS (171,234 ) 423,853
TOTAL ASSETS LESS CURRENT LIABILITIES 530,838 502,127

PROVISIONS FOR LIABILITIES 8,230 3,740
NET ASSETS 522,608 498,387

CAPITAL AND RESERVES
Called up share capital 7 5,000 5,000
Retained earnings 8 517,608 493,387
SHAREHOLDERS' FUNDS 522,608 498,387

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

DAWNFERN LIMITED (REGISTERED NUMBER: 01111921)

STATEMENT OF FINANCIAL POSITION - continued
31ST MAY 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 12th February 2024 and were signed on its behalf by:





Mr G Morris - Director


DAWNFERN LIMITED (REGISTERED NUMBER: 01111921)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023


1. STATUTORY INFORMATION

Dawnfern 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 (£).


The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS 102 taking advantage of Section 1A disclosure exemptions and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Turnover
Turnover represents sales of goods and services, excluding value added tax and trade discounts.

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.
Expenditure on premises - over the duration of the lease
Plant and machinery - 25% straight line on cost
Fixtures, fittings & equipment - 25% straight line on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% straight line on cost

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula

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 statement of financial position date.


DAWNFERN LIMITED (REGISTERED NUMBER: 01111921)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account as incurred.

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arsing from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

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

DAWNFERN LIMITED (REGISTERED NUMBER: 01111921)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


4. TANGIBLE FIXED ASSETS
Short Expenditure Plant and
leasehold on premises machinery
£ £ £
COST
At 1st June 2022 39,785 70,319 17,641
Additions - 633,018 -
At 31st May 2023 39,785 703,337 17,641
DEPRECIATION
At 1st June 2022 6,631 45,778 4,355
Charge for year 3,978 - 4,410
At 31st May 2023 10,609 45,778 8,765
NET BOOK VALUE
At 31st May 2023 29,176 657,559 8,876
At 31st May 2022 33,154 24,541 13,286

Fixtures,
fittings & Motor Computer
equipment vehicles equipment Totals
£ £ £ £
COST
At 1st June 2022 190,194 11,695 95,275 424,909
Additions - - 3,079 636,097
At 31st May 2023 190,194 11,695 98,354 1,061,006
DEPRECIATION
At 1st June 2022 188,867 11,695 89,309 346,635
Charge for year 1,327 - 2,584 12,299
At 31st May 2023 190,194 11,695 91,893 358,934
NET BOOK VALUE
At 31st May 2023 - - 6,461 702,072
At 31st May 2022 1,327 - 5,966 78,274

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 89,397 58,337
Staff Loan 300 1,500
Other debtors and prepayments 42,068 36,184
131,765 96,021

DAWNFERN LIMITED (REGISTERED NUMBER: 01111921)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 85,823 153,426
Taxation and social security 55,520 126,218
Other creditors 528,624 38,693
669,967 318,337

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
5,000 Ordinary £1 5,000 5,000

8. RESERVES
Retained
earnings
£

At 1st June 2022 493,387
Profit for the year 89,621
Dividends (65,400 )
At 31st May 2023 517,608