DJE JOINERY AND DEVELOPMENTS LIMITED |
Registered Number:09232856 |
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2023
DJE JOINERY AND DEVELOPMENTS LIMITED
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
DJE JOINERY AND DEVELOPMENTS LIMITED
Statement of Financial Position
2022
2023
Property, plant and equipment |
26,811
22,064
2
26,811
22,064
Trade and other receivables |
96,049
87,337
3
-
Cash and cash equivalents |
34,479
121,816
96,049
Trade and other payables: amounts falling due within one |
year |
(91,337)
(123,617)
4
4,712
(1,801)
Net current liabilities
Total assets less current liabilities |
25,010
26,776
Trade and other payables: amounts falling due after more |
than one year |
(32,412)
(19,533)
5
(5,314)
(3,675)
Provisions for liabilities |
163
Net assets/liabilities
(9,311)
2
2
161
(9,313)
163
(9,311)
Shareholders' funds
For the year ended 30 September 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 30 September 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. |
Serena Louise Eades Director |
These financial statements were approved and authorised for issue by the Board on 07 March 2024 and were signed by: |
1 of 5
For the year ended 30 September 2023
DJE JOINERY AND DEVELOPMENTS LIMITED
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 30 September 2023
DJE JOINERY AND DEVELOPMENTS LIMITED
Notes to the Financial Statements
Statutory Information
DJE JOINERY AND DEVELOPMENTS LIMITED is a private limited company, limited by shares, domiciled in England |
and Wales, registration number 09232856. |
49 Malvern Drive
Aldridge
Walsall
WS9 8LL
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. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Property, plant and equipment are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
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. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. Assets held under finance leases and hire purchase agreements are capitalised in the balance sheet and depreciated in accordance with the company's normal accounting policies. The interest is charged to the profit and loss account over the period of the agreement and represents a constant charge of the balance of capital repayments outstanding. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
3 of 5
For the year ended 30 September 2023
DJE JOINERY AND DEVELOPMENTS LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment |
33,225
29,495
3,730
28,861
26,500
2,361
(29,495)
-
(29,495)
6,091
26,500
32,591
Provision for depreciation and impairment |
11,161
10,112
1,049
Charge for year
4,731
3,975
756
(10,112)
(10,112)
-
5,780
3,975
1,805
4,286
22,525
26,811
2,681
19,383
22,064
3. Trade and other receivables |
2022
2023
10,672
13,679
Prepayments and accrued income |
1,033
333
Amounts owed by directors |
75,632
82,037
96,049
87,337
4. Trade and other payables: amounts falling due within one year |
2022
2023
10,802
14,865
32,761
18,618
Taxation and social security |
64,366
45,763
Accruals and deferred income |
10,795
9,251
Obligations under HP/Financial leases |
4,893
2,840
123,617
91,337
4 of 5
For the year ended 30 September 2023
DJE JOINERY AND DEVELOPMENTS LIMITED
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
15,854
25,605
6,807
3,679
Obligations under HP/Financial leases |
19,533
32,412
6. Related party transactions |
The ultimate controlling parties during the year were Daniel Eades & Serena Eades , directors , whom control the |
company by virtue of each owning 50% of the share capital. |
At 30th September,2023 there were total overdrawn directors' loan accounts of £ 75,632 (2022 - overdrawn £ |
82,037). The directors intend to continue to forego part of their dividends and raise personal finance in order to |
repay the balance in full. |
7. Average number of persons employed |
During the year the average number of employees was 6 (2022 : 4)
5 of 5