Company Registration No. 03790355 (England and Wales)
DAB LIFT & ELECTRICAL SERVICES LIMITED
Unaudited accounts
for the year ended 30 June 2023
DAB LIFT & ELECTRICAL SERVICES LIMITED
Unaudited accounts
Contents
DAB LIFT & ELECTRICAL SERVICES LIMITED
Company Information
for the year ended 30 June 2023
Directors
David Brown
Gary Brown
Steven Brown
Company Number
03790355 (England and Wales)
Registered Office
UNIT 12 EASTER PARK
FERRY LANE SOUTH
RAINHAM
ESSEX
RM13 9BP
DAB LIFT & ELECTRICAL SERVICES LIMITED
Statement of financial position
as at 30 June 2023
Intangible assets
500,000
500,000
Tangible assets
1,048,154
925,199
Cash at bank and in hand
571,501
538,214
Creditors: amounts falling due within one year
(507,482)
(700,789)
Net current assets
535,790
298,696
Total assets less current liabilities
2,083,944
1,723,895
Creditors: amounts falling due after more than one year
(64,819)
(126,675)
Net assets
2,019,125
1,597,220
Called up share capital
100
100
Revaluation reserve
231,908
231,908
Profit and loss account
1,787,117
1,365,212
Shareholders' funds
2,019,125
1,597,220
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by
David Brown
Director
Company Registration No. 03790355
DAB LIFT & ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 30 June 2023
DAB LIFT & ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03790355. The registered office is UNIT 12 EASTER PARK, FERRY LANE SOUTH, RAINHAM, ESSEX, RM13 9BP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
DAB LIFT & ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
820,000
205,965
37,431
1,063,396
Additions
-
179,672
-
179,672
Disposals
-
(49,813)
-
(49,813)
At 30 June 2023
820,000
335,824
37,431
1,193,255
At 1 July 2022
-
104,728
33,469
138,197
Charge for the year
-
39,113
1,977
41,090
On disposals
-
(34,186)
-
(34,186)
At 30 June 2023
-
109,655
35,446
145,101
At 30 June 2023
820,000
226,169
1,985
1,048,154
At 30 June 2022
820,000
101,237
3,962
925,199
Amounts falling due within one year
Trade debtors
446,387
460,671
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
142,627
129,432
Taxes and social security
351,878
280,522
Other creditors
12,977
290,835
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 18 (2022: 18).