1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 4,857 1,600 6,457 1,292 516 1,808 4,649 3,565 xbrli:pure xbrli:shares iso4217:GBP 10363350 2022-10-01 2023-09-30 10363350 2023-09-30 10363350 2022-09-30 10363350 2021-10-01 2022-09-30 10363350 2022-09-30 10363350 2021-09-30 10363350 bus:Director1 2022-10-01 2023-09-30 10363350 core:WithinOneYear 2023-09-30 10363350 core:WithinOneYear 2022-09-30 10363350 core:ShareCapital 2023-09-30 10363350 core:ShareCapital 2022-09-30 10363350 core:RetainedEarningsAccumulatedLosses 2023-09-30 10363350 core:RetainedEarningsAccumulatedLosses 2022-09-30 10363350 bus:Director1 2022-09-30 10363350 bus:Director1 2023-09-30 10363350 bus:Director1 2021-09-30 10363350 bus:Director1 2022-09-30 10363350 bus:Director1 2021-10-01 2022-09-30 10363350 bus:SmallEntities 2022-10-01 2023-09-30 10363350 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 10363350 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 10363350 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 10363350 bus:FullAccounts 2022-10-01 2023-09-30 10363350 core:OfficeEquipment 2022-09-30 10363350 core:OfficeEquipment 2022-10-01 2023-09-30 10363350 core:OfficeEquipment 2023-09-30
COMPANY REGISTRATION NUMBER: 10363350
DJ Marson Limited
Filleted Unaudited Financial Statements
Year ended
30 September 2023
DJ Marson Limited
Financial Statements
Year ended 30 September 2023
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
DJ Marson Limited
Statement of Financial Position
30 September 2023
2023
2022
Note
£
£
£
£
Fixed assets
Tangible assets
5
4,649
3,565
Current assets
Debtors
6
15,811
14,844
Cash at bank and in hand
93,744
114,440
----------
----------
109,555
129,284
Creditors: amounts falling due within one year
7
11,815
24,819
----------
----------
Net current assets
97,740
104,465
----------
----------
Total assets less current liabilities
102,389
108,030
----------
----------
Net assets
102,389
108,030
----------
----------
Capital and reserves
Called up share capital
1
1
Profit and loss account
102,388
108,029
----------
----------
Shareholder funds
102,389
108,030
----------
----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
DJ Marson Limited
Statement of Financial Position (continued)
30 September 2023
These financial statements were approved by the board of directors and authorised for issue on 29 February 2024 , and are signed on behalf of the board by:
Mr D J Marson
Director
Company registration number: 10363350
DJ Marson Limited
Notes to the Financial Statements
Year ended 30 September 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o Townends Accountants LLP, Carlisle Street, Goole, East Yorkshire, DN14 5DX.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Going concern
Following the challenges arising as a consequence of the Covid-19 pandemic in 2020/21, more latterly the UK economy has been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it, and does not believe that it it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the director has prepared these financial statements on a going concern basis.
(c) Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Revenue from the rendering of services is recognised when the sales invoice is issued.
(d) Current and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
(e) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(f) Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Equipment
-
15% Reducing balance
(g) Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
(h) Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Equipment
£
Cost
At 1 October 2022
4,857
Additions
1,600
-------
At 30 September 2023
6,457
-------
Depreciation
At 1 October 2022
1,292
Charge for the year
516
-------
At 30 September 2023
1,808
-------
Carrying amount
At 30 September 2023
4,649
-------
At 30 September 2022
3,565
-------
6. Debtors
2023
2022
£
£
Trade debtors
4,813
14,844
Other debtors
10,998
--------
--------
15,811
14,844
--------
--------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Accruals and deferred income
2,480
2,287
Corporation tax
5,660
15,102
Social security and other taxes
3,675
4,998
Director loan accounts
2,432
--------
--------
11,815
24,819
--------
--------
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr D J Marson
( 2,432)
53,340
( 39,910)
10,998
-------
--------
--------
--------
2022
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr D J Marson
( 5,136)
74,444
( 71,740)
( 2,432)
-------
--------
--------
-------
The Overdrawn loan account was cleared by a dividend voted in February 2024.