Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31false12022-06-01provision of IT consultancy services1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07497520 2022-06-01 2023-05-31 07497520 2021-06-01 2022-05-31 07497520 2023-05-31 07497520 2022-05-31 07497520 c:Director1 2022-06-01 2023-05-31 07497520 d:Buildings 2022-06-01 2023-05-31 07497520 d:Buildings 2023-05-31 07497520 d:Buildings 2022-05-31 07497520 d:Buildings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07497520 d:PlantMachinery 2022-06-01 2023-05-31 07497520 d:PlantMachinery 2023-05-31 07497520 d:PlantMachinery 2022-05-31 07497520 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07497520 d:FurnitureFittings 2022-06-01 2023-05-31 07497520 d:FurnitureFittings 2023-05-31 07497520 d:FurnitureFittings 2022-05-31 07497520 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07497520 d:OfficeEquipment 2022-06-01 2023-05-31 07497520 d:OfficeEquipment 2023-05-31 07497520 d:OfficeEquipment 2022-05-31 07497520 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07497520 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 07497520 d:CurrentFinancialInstruments 2023-05-31 07497520 d:CurrentFinancialInstruments 2022-05-31 07497520 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 07497520 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 07497520 d:ShareCapital 2023-05-31 07497520 d:ShareCapital 2022-05-31 07497520 d:RetainedEarningsAccumulatedLosses 2023-05-31 07497520 d:RetainedEarningsAccumulatedLosses 2022-05-31 07497520 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-05-31 07497520 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-05-31 07497520 c:FRS102 2022-06-01 2023-05-31 07497520 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 07497520 c:FullAccounts 2022-06-01 2023-05-31 07497520 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 07497520









DNDSM LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
DNDSM LIMITED
REGISTERED NUMBER: 07497520

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,148
9,703

  
7,148
9,703

Current assets
  

Debtors: amounts falling due within one year
 5 
4,674
2,141

Cash at bank and in hand
 6 
7,558
8,492

  
12,232
10,633

Creditors: amounts falling due within one year
 7 
(17,137)
(20,042)

Net current liabilities
  
 
 
(4,905)
 
 
(9,409)

Total assets less current liabilities
  
2,243
294

  

Net assets
  
2,243
294


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
2,143
194

  
2,243
294


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 March 2024.



Page 1

 
DNDSM LIMITED
REGISTERED NUMBER: 07497520
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023


Mr. D. McDonald
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DNDSM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

The entity is a private limited company incorporated in England & Wales. The company's Registered Office is located at Unit 15, Barnack Business Centre, Blakey Road, Salisbury, Wiltshire, SP1 2LP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company's trade was largely unaffected by the cornavirus restrictions, due to the ability of contracts to be serviced remotely. The directors consider the company to be a going concern for the foreseeable future.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
DNDSM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
15% straight line
Plant and machinery
-
15% straight line
Fixtures and fittings
-
15% straight line
Office equipment
-
15% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
DNDSM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 June 2022
13,200
13,136
4,025
27,009
57,370


Additions
-
-
-
516
516



At 31 May 2023

13,200
13,136
4,025
27,525
57,886



Depreciation


At 1 June 2022
13,200
6,725
4,025
23,717
47,667


Charge for the year on owned assets
-
1,970
-
1,101
3,071



At 31 May 2023

13,200
8,695
4,025
24,818
50,738



Net book value



At 31 May 2023
-
4,441
-
2,707
7,148



At 31 May 2022
-
6,411
-
3,292
9,703


5.


Debtors

2023
2022
Page 5

 
DNDSM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.Debtors (continued)

£
£


Trade debtors
552
552

Other debtors
4,122
1,589

4,674
2,141



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,558
8,492

7,558
8,492



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
12,663
10,277

Other taxation and social security
3,474
8,157

Accruals and deferred income
1,000
1,608

17,137
20,042



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
7,558
8,492




Financial assets measured at fair value through profit or loss comprise cash at bank.

Page 6

 
DNDSM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

9.


Related party transactions

The company continued with a contract with ABC Networking Limited during the year. That company has identical directors and shareholders as DNDSM Limited. Sales invoiced to that company in the year totalled £75,286 (2022 £92,580). At year end the company was owed £4,122 (2022 was owed £1,589) by Mr. D N D S McDonald. This balance was repaod after year end. 


10.


Controlling party

The company was under the control of Mr & Mrs. McDonald who each owned half of the share capital during the year. 

 
Page 7