DNA ATHLETIC LIMITED

Company Registration Number:
11256855 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

DNA ATHLETIC LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

DNA ATHLETIC LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 34,866 0
Tangible assets: 4 7,953 3,489
Total fixed assets: 42,819 3,489
Current assets
Stocks: 183,562 117,186
Debtors:   12,393 4,291
Cash at bank and in hand: 53,709 102,363
Total current assets: 249,664 223,840
Creditors: amounts falling due within one year:   (25,577) (19,436)
Net current assets (liabilities): 224,087 204,404
Total assets less current liabilities: 266,906 207,893
Creditors: amounts falling due after more than one year:   (245,420) (257,277)
Total net assets (liabilities): 21,486 (49,384)
Capital and reserves
Called up share capital: 10,000 10,000
Share premium account: 553,500 553,500
Other reserves: 347,603
Profit and loss account: (889,617) (612,884)
Shareholders funds: 21,486 (49,384)

The notes form part of these financial statements

DNA ATHLETIC LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2024
and signed on behalf of the board by:

Name: R ORR
Status: Director

The notes form part of these financial statements

DNA ATHLETIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates or value added tax.

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their useful lives:Plant & machinery - 25% reducing balanceComputer equipment - 33% on cost

Intangible fixed assets and amortisation policy

Intangible fixed assets are included at cost less accumulated amortisation. Amortisation is included at the following rate:Website costs - over 10 years

DNA ATHLETIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

DNA ATHLETIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 0
Additions 38,740
At 31 March 2023 38,740
Amortisation
At 01 April 2022 0
Charge for year 3,874
At 31 March 2023 3,874
Net book value
At 31 March 2023 34,866
At 31 March 2022 0

DNA ATHLETIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 8,798
Additions 8,125
At 31 March 2023 16,923
Depreciation
At 01 April 2022 5,309
Charge for year 3,661
At 31 March 2023 8,970
Net book value
At 31 March 2023 7,953
At 31 March 2022 3,489