|
|
2023 |
|
2022 |
|
|
£ |
£ |
|
£ |
£ |
Fixed assets |
|
|
24,711 |
|
|
32,383 |
Current assets |
|
21,022 |
|
|
72,562 |
|
Creditors: amount falling due within one year |
|
(30,068) |
|
|
(27,865) |
|
Net current liabilities
|
|
|
(9,046)
|
|
|
44,697
|
Total assets less current liabilities
|
|
|
15,665 |
|
|
77,080 |
Creditors: amount falling due after more than one year |
|
|
(12,679) |
|
|
(19,595) |
Net assets
|
|
|
2,986 |
|
|
57,485 |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
2,986 |
|
|
57,485 |
|
NOTES TO THE ACCOUNTS
General Information
David Alexander Marketing Limited is a private company, limited by shares, registered in England and Wales, registration number 08602551, registration address 5 Garden Holme, Ingleton, Carnforth, LA6 3ES.
The presentation currency is £ sterling.
1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, 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:
Computer Equipment |
3 years Straight Line
|
Motor Vehicles |
25% Reducing Balance
|
|
2. |
Tangible fixed assets
Cost or valuation |
Motor Vehicles |
|
Computer Equipment |
|
Total |
|
£ |
|
£ |
|
£ |
At 01 August 2022 |
31,491 |
|
4,580 |
|
36,071 |
Additions |
- |
|
1,169 |
|
1,169 |
Disposals |
- |
|
(1,182) |
|
(1,182) |
At 31 July 2023 |
31,491 |
|
4,567 |
|
36,058 |
Depreciation |
At 01 August 2022 |
656 |
|
3,032 |
|
3,688 |
Charge for year |
7,709 |
|
1,132 |
|
8,841 |
On disposals |
- |
|
(1,182) |
|
(1,182) |
At 31 July 2023 |
8,365 |
|
2,982 |
|
11,347 |
Net book values |
Closing balance as at 31 July 2023 |
23,126 |
|
1,585 |
|
24,711 |
Opening balance as at 01 August 2022 |
30,835 |
|
1,548 |
|
32,383 |
|
3. |
Average number of employees
Average number of employees during the year was 1 (2022 : 1).
|
4. |
Related parties
At the end of the period the following amounts were due to or from related parties:
Particulars |
|
Current £ |
|
Prior £ |
Debtor: D Alexander, director & shareholder |
|
- |
|
40,040 |
Creditors due in less than one year: D Alexander, director & shareholder |
|
255 |
|
- |
Trade debtors: GP Specialist Vehicles Ltd, common shareholder and director |
|
2,099 |
|
3,210 |
Trade debtors: Notice Signs & Graphics Limited, common shareholder and director |
|
- |
|
895 |
Trade debtors: Vin-Yard Wines Online Limited, common shareholder and director |
|
132 |
|
- |
Interest is charged on the overdrawn directors loan account and balances are repayable on demand.
|
For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's Responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 15 March 2024 and were signed by: -------------------------------- D U Alexander Director |
2
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